Frequently asked questions
Dagcoin Grow is a term deposit service that offers Dagcoin owners to get bonus coins. Depending on the period (1, 2 and 3 years) customers will be granted additional coins. When the term is over then deposit plus bonus coins can be withdrawn or it can be deposited for another term.
The bonuses are set between 3 options: 12 months with a 1% bonus rate, 24 months with a 2% bonus rate, 36 months with a 3% bonus rate.
The price of Dagcoin is determined by how many people are using it and how many businesses accept it as a payment method. The more people use the coin and the more businesses accept it, the higher its price will be. Usually, the price is calculated once a month.
Dagcoins can be bought from the SwipeX currency exchange platform. Visit the website https://swipex.com to purchase dags
We use cold storage to hold the coins. This means your coins are stored offline and can not be hacked. This method of storage is much safer than just keeping your coins on any device.
The minimum amount is 100 Dagcoins.
1. Once you have created your account and verified your ID, click the Deposit button in the upper right corner.
2. Select a suitable fixed amount or click Custom and insert the number of coins you wish to deposit manually (minimum amount is 100 DAGs).
3. Select deposit period (1 year gives you 1%, 2 years 2%, and 3 years 3% bonus).
4. Click Proceed. When you have coins in your free to use balance, they will be transferred automatically from there. If additional payment is required, you will be redirected to Dagpay.
5. Open your wallet SEND function.
6. Scan the QR code or Copy Payment ID and paste to receiver field and hit SEND.
7. On your Grow Dashboard, you can see the deposit as well as the transaction details.
Start the deposit process. When you are directed to Dagpay, select Pay with Dagcoin card. You need to enter a card number and PIN.
All released coins and bonuses that are available for withdrawal or reinvesting can be found in the Free to use balance.
Free to use balance in your account shows Dagcoins available for reinvesting or withdrawal. To reinvest, click the Deposit button.
After a deposit has been created and put to Grow it is not possible to cancel the deposit before its release date.
You are able to provide your active wallet address when requesting a withdrawal.
Note that as a financial institution, we need to know our customers better and therefore you need to be verified before you can add your deposit. You’ll be having a notification on the top of the page saying Verify now. Click the link and follow the instructions to verify your account.
If you already have an account in VerifyOnce, then just click Verify now, log in with the verified email and click Start.
If you are unable to verify your account, please contact our Support Team and they can assist you further.
VerifyOnce can be accessed with a new code that is sent to your email every time you wish to log in. You cannot log in with an old code that was generated in the past.