Built on Ethereum
Digital Rand (DZAR) is an ERC-20 compliant token built on the Ethereum blockchain. Users can store DZAR in any Ethereum-compatible wallet, such as Trust Mobile Wallet, Metamask Browser Extention or Ledger Cold Storage Wallet.
Every DZAR is collateralised by another digital asset of value. Our collateral liquidity is diversified, allowing multiple digital assets to guarantee the value of each DZAR, including ETH, USDT, USDC & DAI.
Decentralised token swaps between DZAR, ETH & over 300 other tokens, thus your digital assets are always in your possession.
A New Way of Doing Rand
Digital Rand seamlessly allows South African's the ability to convert fiat Rands into Digital Rands. Once an individual has received the Digital Rand (DZAR) tokens into their Ethereum Wallets, they would be able to:
Fiat to Crypto
Convert fiat Rands via a bank deposit and receive Digital Rand (DZAR) tokens into your decentralised Ethereum (ETH) wallet.
Swap Digital Rand (DZAR) tokens into Ethereum and many ERC-20 tokens, including Dollar and Euro collateralised stablecoins.
Hold onto the tokens as a hedge to falling digital asset prices. Metamask, Ledger, Trezor & dApp mobile wallets accepted.
Transact for goods & services using QR code technology.
Crypto to Fiat
Redemptions from Digital Rand (DZAR) into Ethereum and then deposited into a trusted South African exchange, and then withdrawn into fiat Rands to a SA bank account.
Add liquidity depth to our Digital Rand (DZAR) exchange pool and earn 0.3% commission fees in relation to your holdings.
Send tokens as a means of payment.
Always being fully backed, redeemable, stable, compliant and secure.