The Compound Finance Defi protocol allows traders to deposit and borrow cryptocurrencies and earn interest. It employs smart contracts on the Ethereum blockchain to link borrowers and lenders. To borrow, you secure a loan with a cryptocurrency as collateral, and obtain a token loan that's a percentage of the collateral's value. Conversely, to lend, you transfer the coins you want to lend to Compound's Ethereum address.
The cDAI price is $0.02831552 AUD, representing a -18.51% from the day prior.
The best place to buy cDAI (CDAI) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell cDAI (CDAI) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
The trading volume of cDAI (CDAI) is $1.5K AUD in the last 24hrs, representing a -18.51% from the day prior.
cDAI (CDAI) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of cDAI (CDAI) is $41.7M AUD.
Yes - With Coinstash you can convert your cDAI (CDAI) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of cDAI (CDAI) is 1.1B.
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling cDAI (CDAI) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.