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How to Buy Dai (DAI)

Current price: $0.998729 (-0.06%)

Quick Way to Buy DAI

Buy Dai instantly through these trusted exchanges. Purchase DAI with a credit card or bank transfer in minutes.

B
Binance
0.1% fee
C
Coinbase
0.6% fee
K
Kraken
0.26% fee

Step-by-Step Guide to Buy Dai

Follow these four simple steps to purchase DAI safely and securely. The entire process typically takes 10-15 minutes for verified users.

1

Choose an Exchange

Select a reputable cryptocurrency exchange that supports Dai. Compare fees, security, and available payment methods.

2

Create & Verify Account

Sign up for an account and complete the identity verification process (KYC). This usually requires a government ID and proof of address.

3

Deposit Funds

Add funds to your exchange account using bank transfer, credit/debit card, or other supported payment methods.

4

Buy DAI

Navigate to the DAI trading pair and place your buy order. You can use market orders for instant purchase or limit orders for specific prices.

Best Exchanges to Buy Dai

Here are the best exchanges to buy Dai (DAI), ranked by fees, security, and ease of use. All platforms listed support DAI trading with multiple payment options.

1
B

Binance

Fees: 0.1% - 0.1%

Review Visit
2
C

Coinbase

Fees: 0.4% - 0.6%

Review Visit
3
K

Kraken

Fees: 0.16% - 0.26%

Review Visit
4
B

Bybit

Fees: 0.1% - 0.1%

Review Visit
5
O

OKX

Fees: 0.08% - 0.1%

Review Visit

Compare all exchanges to

Payment Methods for Buying DAI

Choose from multiple payment options to purchase Dai. Each method has different fees, processing times, and availability depending on your location.

Credit/Debit Card

Instant purchase with 2-5% fees. Most convenient for beginners buying DAI for the first time.

Instant

Bank Transfer (ACH/SEPA)

Lower fees (0-1.5%) but takes 1-5 business days. Best for larger Dai purchases.

Lowest Fees

PayPal

Available on select exchanges like Coinbase. Instant deposits with moderate fees for DAI.

Fast & Easy

Crypto Deposit

Trade existing crypto for DAI. Usually the lowest fees and fastest transactions.

Best Value

Security Tips for Buying Dai

Protect your DAI investment by following these essential security practices when buying and storing cryptocurrency.

  • Start with a small amount to learn the process before investing more in Dai.
  • Enable two-factor authentication (2FA) on your exchange account for extra security.
  • Consider transferring DAI to a personal wallet for long-term storage.
  • Never share your private keys, seed phrases, or exchange login credentials with anyone.
  • Verify you're on the official exchange website before entering any sensitive information.
  • Only invest what you can afford to lose - Dai and crypto markets are highly volatile.

Frequently Asked Questions About Buying Dai

What is the best way to buy Dai?
The best way to buy Dai (DAI) is through a reputable cryptocurrency exchange like Binance, Coinbase, or Kraken. These platforms offer secure transactions, multiple payment methods including credit cards and bank transfers, and competitive fees. For beginners, Coinbase offers the most user-friendly experience, while Binance offers the lowest fees for experienced traders.
Can I buy Dai with a credit card?
Yes, you can buy Dai with a credit card on most major exchanges. Platforms like Coinbase, Binance, and Kraken accept Visa and Mastercard for instant DAI purchases. Keep in mind that credit card purchases typically have higher fees (2-5%) compared to bank transfers, and your card issuer may charge additional cash advance fees.
What is the minimum amount of Dai I can buy?
Most exchanges allow you to buy Dai with as little as $1-10 USD. DAI is divisible into smaller units, so you don't need to purchase a whole coin. For example, on Coinbase the minimum is $2, while Binance allows purchases starting at $10. This makes Dai accessible to investors with any budget.
Is it safe to buy Dai?
Buying Dai is safe when using regulated exchanges with strong security measures. Look for exchanges with two-factor authentication (2FA), cold storage for funds, and insurance coverage. After purchasing DAI, consider transferring to a personal hardware wallet like Ledger or Trezor for long-term storage. Never share your private keys or recovery phrases with anyone.
How long does it take to buy Dai?
The time to buy Dai depends on your payment method. Credit/debit card purchases are instant, while bank transfers (ACH/SEPA) typically take 1-5 business days to process. Once your funds are available, the actual DAI purchase is executed within seconds. New users should also factor in account verification time, which can take a few minutes to a few days.
What fees are involved in buying Dai?
Fees for buying Dai vary by exchange and payment method. Trading fees typically range from 0.1% to 1.5% per transaction. Credit card purchases incur higher fees (2-5%) while bank transfers usually have minimal fees (0-1.5%). Some exchanges also charge deposit fees. Compare fee structures across exchanges to minimize costs when buying DAI.
Do I need a wallet to buy Dai?
You don't need a separate wallet to buy Dai initially, as exchanges provide built-in wallets for trading. However, for long-term storage and maximum security, transferring your DAI to a personal wallet is recommended. Hardware wallets (Ledger, Trezor) offer the best security, while software wallets provide convenient access on your phone or computer.

Understanding Dai Before You Buy

Dai (DAI) is a cryptocurrency currently ranked #38 by market capitalization. Track live Dai price, market cap, trading volume, and historical data on CryptoBase.

Before investing in DAI, research the project's fundamentals, use cases, and market position. Understanding what you're buying helps you make informed investment decisions and set realistic expectations.

View DAI price chart Learn about cryptocurrency

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Dai Price

$0.998729
-0.06% (24h)
View full price data to

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About Dai

Dai (DAI) is a cryptocurrency currently ranked #38 by market capitalization. Track live Dai price, market cap, trading volume, and historical data on CryptoBase.

Learn more about Dai

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