Multi-collateral DAI Payments for WooCommerce

  • Accept DAI and 179+ other coins
  • 0% transaction fees
  • No KYC or product restrictions
  • Peer-to-peer transactions

About Multi-collateral DAI (DAI)

Multi-collateral DAI (DAI) is a USD-pegged stablecoin issued on the Ethereum blockchain. It can be redeemed 1:1 for U.S. dollars. DAI is the first decentralized stablecoin on the Ethereum blockchain and has no centralized authority. Its 1:1 U.S. dollar equivalency is maintained through pricing mechanisms built into smart contracts. Each DAI is backed by another asset of equivalent value through a diversified collateral portfolio. Anyone can view the information about the locked collateral backing each DAI. DAI was created to be a reliable source of stability in an otherwise highly volatile cryptocurrency market. Since it maintains a stable level of purchasing power its ideal for payments, hedging, lending, prediction markets, and so on.

Current market price
1 DAI = $0.99962923

How to accept Multi-collateral DAI payments with WooCommerce?

MyCryptoCheckout (MCC) makes it easy to let your customer pay in DAI and 179+ other popular cryptocurrencies. Our open source plugin for WooCommerce allows you to go live in minutes. There is no signup, no KYC, or approval of any kind required. The payments are peer-to-peer, you receive the coins directly from the customer into any crypto wallet you want, with no intermediary.

1

Install Plugin

Get started by downloading the open source plugin and installing it on your WooCommerce webshop. There is no signup, KYC, product restrictions, or approval required.

Download
2

Adjust Settings

MyCryptoCheckout requires very little setup to use as a payment gateway in WooCommerce. Add wallets for currencies you wish to use and enable the gateway. Be live in minutes.

Documentation
3

Accept Payments

Its as simple as that. You are now ready to accept cryptocurrency payments from online customers. Payments will go directly from the customer to you with no intermediary.

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