At C W Sellors, we always strive to make your shopping experience as effortless and convenient as possible. With this in mind, we are excited to announce that all the luxury watches and jewellery can now be purchased using DAI cryptocurrency. Buying jewellery with DAI couldn’t be easier and we’ve got a fantastic selection of luxury and designer jewellery pieces for you to choose from.
Maybe you’re searching for a special piece of diamond jewellery for a loved one or a designer necklace or bracelet from brands like Shaun Leane or Georg Jensen for yourself? Or maybe it’s a special occasion and you want to buy an engagement ring with DAI? No matter what you’re searching for, we guarantee C W Sellors can help you find it.
What is DAI?
DAI is a an Ethereum-based stablecoin which means it is pegged to a value of a fiat currency. In this case, one DAI means one dollar. In order for a stable coin to stay stable, it needs to be backed up by some form of collateral and here, DAI is a product of MakerDAO and is backed by a reserved pool of MKR tokens. This may sound confusing, especially if you’re new to the cryptocurrency game, but it really just means that if DAI fluctuates too far from one dollar, Maker (MKR) tokens are burned or created in order to stabilize the price. Like other cryptocurrencies, DAI can be used brought, sold and traded on marketplaces and now more recently, is accepted as currency by online retailers like C W Sellors.
How to Buy Jewellery with DAI
To buy jewellery with DAI, all you have to do is head over to the C W Sellors website here and add all your favourite jewellery pieces to the basket. Then select the Coinbase Commerce option on the payment page and you’ll be redirected to the Coinbase website. Choose the type of cryptocurrency you want to pay with, whether that be DAI, Bitcoin, Ethereum, Litecoin etc, and a QR code will be displayed on screen which you can use with your mobile or desktop wallet to make payment. Once your payment has been sent, our team will get your order processed for you!
If you have any some questions on how to buy a jewellery with cryptocurrency, get in touch with the C W Sellors team on 01335 453 453 or send us a message at sales@cwsellors.com.
