How to Buy Dai (DAI)

DAI price $1.00 0.02% 24h · exchange data updated 8h ago

Quick answer

The easiest place to buy DAI is a well-rated exchange such as Kraken, Gemini or Niza.io. Some let you pay in USD directly; otherwise buy USDT first and trade it for DAI. $126.53M worth of DAI traded across the 20 exchanges we track in the last 24 hours.

Where to buy DAI

Exchange	Trust	Pay with	DAI 24h volume	Spread	Link
Kraken	10out of 10, high trust	USDUSDTEUR	$344.36K	0.02%	Buy DAI on Kraken
Gemini	9out of 10, high trust	USD	$687.92K	0.90%	Buy DAI on Gemini
Niza.io	8out of 10, high trust	USDUSDTEUR	$172.18K	0.01%	Buy DAI on Niza.io
Bitbank	8out of 10, high trust	JPY	$83.66K	0.32%	Buy DAI on Bitbank

Showing 4 of 20 exchanges: highest trust score first, then by DAI volume. Highlighted currencies are national currencies you can pay with directly. We don't earn from any exchange listed.

How to buy DAI, step by step

Choose an exchange that lists DAI
DAI trades on 20 of the exchanges we track. Among the best-rated of them (trust score 10/10), Kraken handles the most DAI: $344.36K changed hands there in the last 24 hours; Gemini and Niza.io are the next options.
Check that the exchange is licensed or allowed to operate where you live — the same exchange can offer different coins in different countries.
Create an account and verify your identity
Centralized exchanges ask for an email, a password and, before you can deposit money, identity verification (KYC) with a photo ID. Turn on two-factor authentication with an authenticator app, not SMS, as soon as the account is open.
Deposit money
You can buy DAI directly with USD, EUR and JPY on Kraken, Gemini and Niza.io. Deposit by bank transfer (usually cheapest) or card (faster but pricier).
Most DAI volume is against USDT (93%), so on other exchanges you would deposit money, buy USDT first, then trade it for DAI.
Buy DAI
Open the DAI/USD market and enter how much you want to spend. A market order fills immediately at the best available price; a limit order waits until the price reaches the level you set. The gap between buy and sell prices is around 0.32% on the main markets, so a limit order can save you money on larger buys.
Decide where to keep it
You can leave DAI on the exchange, which is simplest, or withdraw it to a wallet you control. Before withdrawing, check that your wallet supports DAI on the same network the exchange sends on — funds sent over the wrong network can be lost.

Before you buy

DAI is a stablecoin designed to track a fixed value; people typically buy it to hold dollars on-chain or to move money between exchanges, not to profit from price moves. Its peg depends on the issuer's reserves.
91% of tracked DAI volume is on a single exchange (Aivora Exchange). If that venue halts trading or withdrawals, liquidity elsewhere is limited.
The single busiest DAI market is on Aivora Exchange, which has a trust score of 3/10. Low-rated venues sometimes overstate volume, so we list well-rated exchanges first.
Buying crypto can be taxable where you live. Keep a record of what you paid and when.

This guide is general information, not financial advice.

FAQ

Where can I buy Dai?

DAI is available on 20 exchanges we track. The highest-rated options are Kraken, Gemini and Niza.io.

Can I buy DAI with dollars or euros?

Yes. Among tracked markets, Kraken, Gemini and Niza.io offer direct USD, EUR and JPY pairs. Elsewhere, buy USDT first and trade it for DAI.

Which exchange has the most DAI trading volume?

Aivora Exchange, with $114.93M in the last 24 hours (91% of the DAI volume we track). Note its trust score is 3/10, so reported volume there may be less reliable.

How much does 1 DAI cost?

1 DAI costs $1.00 right now. You don't need to buy a whole coin — exchanges let you buy a fraction, often with a minimum order of a few dollars.