I want my DOC!

The DOC, or Dollar on Chain, is one of the most secure stablecoins out there. Not only because the collateral is bitcoin, but also because it "lives" in the most secure Bitcoin sidechain, Rootstock. 

DOC is also unique given these characteristics:

• You mint your tokens, the best way to get DOC tokens is by minting them yourself directly through the la DApp de Money On Chain.
• There are no intermediaries, you don’t have to deal with brokers or exchanges, you can just interact with the protocol using the dApp.
• You keep your keys, you are in control of your funds.
• You don’t provide the collateral, you mint your tokens, BPro holders provide it.

In this post though, we are not going to focus on DOC qualities but on how to acquire DOC.

There are two ways to have DOC, the primary market or a secondary market.

The difference between these two markets is that the primary market is where the magic happens, and the DOC tokens are created or destroyed. The secondary market instead, is where you can buy or sell tokens. We will see some examples, but if you want to read a little further about this difference, you can read our blog’s article “What’s the difference between buy/sell and mint/redeem?”.

Primary Market

In the case of Money On Chain’s DOC, the Primary Market is the protocol. And the first obvious option to interact with it is the la DApp de Money On Chain.

Remember that by definition of Primary Market, the value of the DOC token either you mint it or redeem it is always 1 USD.

Another way to operate directly with the protocol is through applications that integrate it. Any application that has the MOC protocol integrated allows you to switch from rBTC to DOC (mint) or from DOC to rBTC (redeem).

Secondary Markets

For most of the other stablecoins, such as DAI, USDT, and USDC, the easiest way to get them is buying, this is, through Secondary Markets.

There are several possibilities to get DOC:

Brokers

Brokers are third parties that manage their own liquidity to help you buy and sell your tokens. Among these you can find:

• Kriptonmarket, on this site you can buy/sell DOC using other cryptocurrencies or with fiat money and also have other services that allow you to buy products and services or even receive payments with DOC.
• Criptala offers you assistance to buy/sell in case you need it. They also keep a list of stores and services that receive crypto as payments.
• Coincaex allows you to buy/sell DOC and besides it has the possibility for stores to implement a POS service to accept payments. 

Exchanges

Exchanges give you access to order lists and liquidity other users provide.

• Symbiosis is a DEX AMM that allows liquidity pools from different networks. In this example, you can exchange USDT on TRON for DOC on Rootstock.
  

From USDT to DOC with Symbiosis

• Sovryn is an AMM (Automated Market Maker) exchange and a platform for traders that lets you exchange your DOC with several tokens with the ability to take loans.
• OKU Trade is a platform based on Uniswap v3 that allows users to swap several tokens from the Rootstock ecosystem, DOC and MOC among them. In this link an example of rUSDT to DOC.
• Stargate is a fully composable liquidity transport protocol that lives at the heart of Omnichain DeFi. It allows to swap USDT from/to Rootstock and other networks. Then you can swap USDT for DOC (and viceversa) in Rootstock using Oku Trade.
• Rubic is an exchange and aggregator that allows exchange between tokens from different networks. Here is an example of USDT on Polygon to DOC on Rootstock.
• Jumper allows the exchange of tokens between different networks. This example exchanges USDT in Polygon for DOC in Rootstock.
• Balmy is a platform that brings together several options for DeFi. This example allows you to swap USDT on TRON to DOC on Rootstock.
• Open Ocean is a decentralized trading solution. Here you can exchange rUSDT for DOC.
• Sushi offers you the possibility to swap tokens from different networks. Try swapping rUSDT for DOC.

These are different ways to get DOC depending on the use case, trading, lending, savings, or buying products. It is very easy to mint your DOC tokens in the protocol to be sure 1DOC is 1USD.

Check Money On Chain's Wiki for more details and "How-tos".

Nota: This list is often growing or changing so this article will probably be edited accordingly.

Disclaimer: Money On Chain does not make recommendations, just enumerates possibilities of getting DOC.