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How to buy Dai (DAI) in the US

A beginner's guide to buying and selling DAI in the US.

How to buy Dai

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Dai.

  1. Open an account on an exchange that supports DAI.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Dai.
  3. Buy Dai.
    Complete your Dai purchase and then find the best wallet to store DAI.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Dai?

Dai (DAI) is the 30th largest cryptocurrency in the world by market cap, valued at $7,329,804,972. The current price of Dai is $1, which is -0.372% lower than yesterday. Prices have ranged between $1.02 and $0.999068 over the past 24 hours. All prices are listed in US dollars and accurate as of October 26, 2021 01:10 UTC.

Where to buy Dai

Find an exchange to buy, sell and trade DAI by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

305
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in random tokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Paybis Cryptocurrency Exchange
AdvCash, Credit card, Debit card, Neteller, Payeer, Apple Pay
EUR, GBP, USD, AUD, CAD, PHP, SGD, CHF, HKD, JPY & 30+ more

32
cryptocurrencies

Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange.

US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

134
cryptocurrencies

Buy 100+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Binance.US Cryptocurrency Exchange
Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
USD

58
cryptocurrencies

Get a US$15 bonus when you trade US$100 or more of any supported crypto. T&Cs apply.
Trade with USD on Binance.US, the American dollar onramp of the world’s largest cryptocurrency exchange. Non-US residents can read our review of Binance's main exchange here.
Gemini Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, CAD, EUR, GBP, SGD, HKD

48
cryptocurrencies

Trade bitcoin, Ethereum and more at a US-based exchange where payments can be made in USD.
Coinbase Digital Currency Exchange
Bank transfer (ACH), Debit card, PayPal, Wire transfer, Apple Pay
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN & 10+ more

76
cryptocurrencies

Buy and sell major cryptocurrencies on one of the world's most renowned cryptocurrency exchanges.
FTX.US Cryptocurrency Exchange
Bank transfer (ACH), Cryptocurrency, Wire transfer
USD, AUD, EUR, CAD, GBP, SGD

24
cryptocurrencies

Enjoy the local version of the FTX exchange which offers a range of leading cryptocurrencies, up to 10x leverage, access to global liquidity and benefits for FTT token holders.
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Compare up to 4 providers


Dai at a glance

Information last updated October 26, 2021 01:10 UTC.
Coin symbol DAI
Coin Marketcap US$7,329,804,972
Total DAI supply 7,294,757,746
Circulating DAI 7,294,757,746
Current price US$1
All time high US$1.22

Dai price performance over time

Historical prices compared with the price of US$1.

1 hour -0.03%
24 hours -0.37%
7 days 0.31%
14 days -0.34%
30 days -0.03%
60 days 0.41%
200 days 0.33%
1 year -0.10%

How to sell Dai

You can cash out your DAI with the same exchange you bought it through:

  1. Sign in to the exchange you have DAI on.
    If you store your Dai in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of DAI you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Dai.

What to consider when buying Dai

Buying cryptocurrency can be a risky endeavor, but there are precautions you can take to help mitigate risk:

  • Don't FOMO buy coins: Spend time researching a coin before you decide to invest, particularly if the coin's price is spiking for seemingly no reason.
  • Stick with well known exchanges: Unless you're an experienced cryptocurrency trader, stick to more well known crypto exchanges to help avoid the possibility of losing your money in a scam. When possible, store your crypto on a hardware wallet instead of on an exchange.
  • Look into the coin's founders and developers: Anonymous teams are often a red flag, so if you can't find details on the creator of the coin you may want to consider investing in a different cryptocurrency.

Disclaimer: Cryptocurrencies, including Dai, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of DAI is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Dai or any other cryptocurrency discussed.


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