How to buy Dai
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Dai.
- 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.
- 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.
- Buy Dai.
Complete your Dai purchase and then find the best wallet to store DAI.
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.
Dai at a glance
|Total DAI supply||7,294,757,746|
|All time high||US$1.22|
Dai price performance over time
How to sell Dai
You can cash out your DAI with the same exchange you bought it through:
- 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.
- Place a sell order.
Choose the amount of DAI you'd like to sell.
- 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.
Coins similar to Dai (DAI)
Dai (DAI) in news
TA: Ethereum Gains Momentum, Why Bulls Could Aim More Upsides
Solana, Cardano Price Analysis Today: October 26, 2021
Start-up CGU Raises $2.5 Million USD in Third Public Round
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.
More guides on Finder
How to stake Tron
Find out how to stake your TRX tokens and how Tron’s delegated proof-of-stake consensus mechanism works.
How to make NFTs
Find out all you need to create your own NFTs – the new application of blockchain technology that enables digital ownership of assets.
How to buy Illuvium (ILV) in the US
This guide will show you step-by-step instructions on how to buy the Illuvium (ILV) token as well as a list of exchanges you can trade it on.
Socios.com review and guide
Socios.com is a sporting app that uses blockchain technology to bring fans closer to their preferred football clubs
How to stake and earn Tezos (XTZ)
Find out how to leverage XTZ token holdings to earn interest. Stake in the Tezos blockchain or provide liquidity to a DeFi protocol.
How to buy dYdX (DYDX) in the US
This guide will show you step-by-step instructions on how to buy the dYdX (DYDX) token as well as a list of exchanges you can trade it on.
Columbus-5 Terra upgrade: LUNA’s deflationary moment explained
On September 30, Terra mainnet upgrade Columbus-5 is set to bring a new wave of functionality and investment to Terra and Cosmos.
How to buy Monsta Infinite (MONI) in the US
This guide will show you step-by-step instructions on how to buy the Monsta Infinite (MONI) token as well as a list of exchanges you can trade it on.
SuperRare Review and Guide
True to its name, SuperRare is an NFT marketplace that focuses on crypto art tokenized on the Ethereum blockchain. The result is part marketplace and part social network for the artistic side of the NFT community.
A beginner’s guide to Bitcoin and cryptocurrency ETFs
ERROR – Please specify a content_type in the partial shortcode.
Ask an Expert