Introduction
When purchasing Dai, there are several factors to think about, including picking an exchange to buy it from and the transaction method. Fortunately, we’ve put together a bunch of reputable exchanges to help you with the process.
Step-by-Step Guide
1. Choose an Exchange
Research and choose a cryptocurrency exchange that operates in Australia and supports Dai trading. Consider factors like fees, security, and user reviews.
See all 13 pricesPlatform Coin Price Uphold Dai (DAI) 1 Klink Dai (DAI) 1 2. Create an Account
Sign up on the exchange's website or mobile app, providing personal information and identity verification documents.
See all 13 pricesPlatform Coin Price Uphold Dai (DAI) 1 Klink Dai (DAI) 1 3. Top Up Your Account
Transfer funds to your exchange account using supported payment methods like bank transfer, credit card, or debit card.
4. Navigate to the Dai Market
Once your account is funded, search for Dai (DAI) in the exchange’s marketplace.
5. Choose a Transaction Amount
Type in the desired amount of Dai you wish to buy.
6. Confirm Purchase
Have a look at the Transaction Details and Confirm Your Purchase by clicking the Buy DAI or equivalent button.
7. Complete Transaction
Your Dai purchase will be processed and deposited into your exchange wallet in no time.
8. Transfer to a Hardware Wallet
It's always best to keep your crypto in a hardware wallet for security reasons. We always recommend Wirex or Trezor.
What to be Aware of
When buying Dai, it’s important to select a reputable exchange that's easy to use and has reasonable fees. Once you’ve done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.
Latest Movements
Dai (DAI) is currently priced at USD 1 with a 24-hour trading volume of USD 147.11M. The market cap of Dai stands at USD 3.41B, with USD 3.41B DAI in circulation. For those looking to buy or trade Dai, Uphold offers avenues to do so securely and efficiently
- Market cap
- USD 3.41B
- 24h volume
- USD 147.11M
- Circulating supply
- USD 3.41B
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