Thanks to Alternative Airlines, it is easier than ever to book your flights and pay using the cryptocurrency of your choice, including DAI. Simply use the search form at the top of the page to begin searching for flights, from over 600 global airlines! Then choose 'cryptocurrency' at checkout and select 'DAI' from the list.
Did you know? DAI is just one of the cryptocurrencies that we offer. Discover all our cryptocurrency options.
DAI was launched in 2007, and is a digital currency and an ERC20 token on the Ethereum blockchain, functioning as a stable Ethereum token. It is a decentralized, crypto-collateralized stablecoin. Stablecoins refer to cryptocurrencies that peg their market value to an external reference — such as a fiat currency. The aim of DAI is to maintain a stable value relative to the U.S. dollar. One Dai is equivalent to one US dollar and will remain so.
DAI has been developed as a global medium of exchange, to promote economic freedom and opportunity across the world. DAI can be used by anyone, no matter where they are. It can be used to pay for things online and can be easily transferred between Ethereum wallets.
The cryptocurrency was developed by MakerDAO, which is a Decentralized Autonomous Organization (DAO). DAI runs on the Maker Protocol. MakerDAO was founded by Rune Christensen, who remains the current CEO.
A Stablecoin is a cryptocurrency pegged to less volatile assets, such as fiat currencies, other cryptocurrencies, precious metals or oil. The idea of a stablecoin is to produce crypto which isn’t prone to extreme volatility. Other popular stablecoins include Tether (USDT), TrueUSD (TUSD), Dai (DAI), Paxos Standard Token (PAX), USD Coin (USDC), and Gemini Dollar (GUSD), among others.
There are lots of benefits to using DAI, due to its relative stability to lend, borrow, spend, and invest. By choosing Dai, users can:
Dai is an innovative decentralized cryptocurrency, created by MakerDAO (MKR). It is stabilized against the value of the US dollar (USD), fiat currency of the United States. Dia is able to maintain a steady price against other cryptocurrencies because it shifts following market changes. Dai uses game theory and complex algorithms to carefully balance economic incentives to sustain the value of $1.
DAI is exclusively minted and issued on the Ethereum blockchain. DAI can be minted on the MakerDAO CDP Portal using Ethereum as collateral, or it can be purchased directly with cryptocurrency. DAI can be purchased with cryptocurrency on an exchange, including Eth2Dai, Coinbase Pro, Kyber Network, Ethfinex, and KuCoin.
Absolutely, you can buy flights and pay using Dai through Alternative Airlines. We have flights from over 600 airlines globally and that accept Dai as a payment option for every airline available through our website.
You can now use DAI to book your flight at Alternative Airlines! We also offer a range of other different digital currencies including Bitcoin, Ethereum, Dash, USDT, Litecoin, Ripple, UTK, and CRO. Discover more here to Buy Flights using Cryptocurrencies.