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DigixDAO (DGD) is a cryptocurrency that was the first crowdsale on the Ethereum Blockchain. DigixDAO was built on Ethereum because the founders of DigixDAO believe that the future for Ethereum is solid. Ethereum is the next generation of blockchain technology.
DigixDAO has a coin or token that can be traded similar to Bitcoin. It can be used for Bitcoin Sports Betting. DigixDAO has Digix Gold Tokens (DGX) that represents value on the blockchain. The tokens can be used to pay for a number of things in retail, lending, commerce, etc. DigixDAO says their cryptocurrency is backed by a gold standard. Each token is said to represent an ounce of gold. The value of your gold is represented by the amount of DigixDAO tokens you hold.
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DigixDAO for many people is simply a cryptocurrency that can be bought and sold. The cryptocurrency is based on a blockchain and that means it is decentralized and transactions are recorded on a digital ledger that can be seen by anyone. Even though the transactions are visible, they are anonymous, as it is nearly impossible to determine where the transactions came from.
Since DigixDAO is based on the Ethereum platform it can be exchanged easily for Ether. It can also be exchanged for Bitcoin.
How do I buy DigixDAO?
You can buy DigixDAO by using one of the currency exchanges such as Bittrex or Binance. These exchanges allow you to use a credit or debit card or bank transfer to buy Bitcoin and then you can exchange it for DigixDAO. You can then send DigixDAO to your sportsbook account and you can withdraw DigixDAO from your sportsbook account to your digital wallet.
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Along with Bitcoin, the cryptocurrency list that BookMaker.eu now accepts includes Bitcoin Cash, Ether, Litecoin, Monero, Dash, FirstBlood, Aragon, Basic Attention Token, Bancor, Blackcoin, Bitchares, Civic, Clams, Decred, Digibyte, Dogecoin, Edgeless, EOS, Ether Classic, Factoids, FunFair, GameCredits, Gnosis, Golem, Matchpool, Komodo, LBRY Credits, Namecoin, NEM, Numeraire, Nxt, OmiseGo, Potcoin, Augur, Reddcoin, IExec, SALT, Siacoin, Status, Startcoin, SingularDTV, Swarm City, WeTrust, VeriCoin, Vertcoin, Waves, Wings, Ripple, Zcash, 0x, BitcoinDark, DigixDAO, district0x, Emercoin, Iconomi, lisk, Maidsafe, Omni, Nubits, Novacoin, Tenx, Peercoin, Qtum, StorjX, Steem, TokenCard, Tether, Voxels and Counter Party.
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