Search coin, exchange
Currency
$-USD
Language
English
Login

How to buy Dai(DAI) on Binance

Updated on: 2024-11-23 23:11:52(UTC+0)
In this tutorial we will talk about:
1
How to buy Dai(DAI)
2
How to redeem USDT with a credit card and then exchange it into Dai(DAI)
3
How to buy Dai(DAI)with a debit card
4
Buy Dai(DAI)Quickly
5
What can you do with Dai
6
Market stats to help you decide if it is a good time to buy Dai
7
How to Safely Store Your Dai

How to buy Dai(DAI)

How to buy cryptocurrency on an exchange

Investing in Dai(DAI)has never been easier! Registering on an exchange, verifying your account, and paying via bank transfer, debit or credit card, paired with a secure cryptocurrency wallet, are the most widely accepted methods of acquiring cryptocurrencies. Here’s a how-to guide on how to buy cryptocurrency on an exchange.

Step 1: Register on Binance (click the link to register)

IMG_0256

Step 2: Identity Verification—Submit KYC information to verify your identity

Please verify your identity to ensure full compliance and enhance your experience with complete identity verification. You can go to the identity verification page, fill in your country, upload your ID, and submit your selfie. You will receive a notification and once your ID has been successfully verified, you can start transactions by binding your bank card or credit card.

IMG_0255

How to redeem USDT with a credit card and then exchange it into Dai(DAI)

Step1:Click to buy Crypto, first select your country, then click Card

IMG_0254

Step2:Select Add Payment Method in the lower right corner and select the credit card applicable to you to fill in the information and bind it, for example: Wise, Visa, etc.

IMG_0253

Step3:Click Trade and find the P2P option, select the corresponding payment method and select the appropriate merchant to complete the transaction.

IMG_0252

IMG_0251

Step 4: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for Dai (DAI), and purchase it. Token.

How to buy Dai(DAI)with a debit card

Step1:CardClick to buy Crypto and select a card

IMG_0250

Step2:Select Add Payment Method in the lower right corner, and select the debit card applicable to you to fill in the information and bind it, such as: Payeer, ABA bank, TowerBank, etc..

IMG_0253

Step3:Click Trade and find the P2P option, select the corresponding payment method and select the appropriate merchant to complete the transaction.

IMG_0252

IMG_0251

Step 4: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for Dai (DAI), and purchase it. Token.

Buy Dai(DAI)Quickly

Step1:Click to buy Crypto and select a card

IMG_0254

Step2:Enter the amount of Dai(DAI)you want

IMG_0254

Step3:Click p2p to purchase

IMG_0249

Step 4: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for Dai (DAI), and purchase it. Token.

About Binance

logo
Binance

What Is Binance?

Binance is the world’s largest crypto exchange by trading volume, with $76 billion daily trading volume on Binance exchange as of August 2022, and 90 million customers worldwide. The platform has established itself as a trusted member of the crypto space, where users can buy, sell and store their digital assets, as well as access over 350 cryptocurrencies listed and thousands of trading pairs. The Binance ecosystem now comprises of Binance Exchange, Labs, Launchpad, Info, Academy, Research, Trust Wallet, Charity, NFT and more.

Who Are the Binance Founders?

The global company was co-founded in China by Changpeng Zhao and Yi He. A Chinese-Canadian developer and business executive, Changpeng Zhao, who goes by CZ, is the company's CEO. He studied at McGill University Montreal and had a successful track record as an entrepreneur. His past experiences include Head of Bloomberg Tradebook Futures Research & Development team, founder of Fusion Systems and Head of Technology at Blockchain.com.

Yi He is CMO at Binance and Head at Binance Labs, the company’s venture capital arm. Yi was previously Vice President at a leading mobile video tech company, Yixia Technology, and co-founder of digital asset exchange OKCoin.

When Did Binance Launch?

Binance was launched in June 2017, and within 180 days grew into the largest cryptocurrency exchange in the world.

Binance Restricted Countries

Under the Binance Terms of Use, restricted locations include the United States, Singapore and Ontario (Canada). However, some countries have restricted usage or features might be limited due to regulatory reasons, including but not limited to, China, Malaysia, Japan, UK and Thailand. Futures and derivatives products are also not available in Germany, Italy and The Netherlands. In September 2019, a separate dedicated platform for US clients, Binance.US, was launched.

How Much Are Binance Fees?

The platform is user-friendly and one of the cheapest with a huge selection of transaction types and an advanced set of trading tools for experienced investors. It charges based on a tiered system, from regular users to VIP 9. For regular users, a 0.10% maker taker fee is charged for spot trading. In July 2022, Binance announced zero-fee trading for BTC spot trading pairs, and in August for ETH/BUSD pair.

Is It Possible To Use Leverage or Margin Trading on Binance?

Traders can borrow funds and participate in margin trading on Binance Margin, which allows trading cryptocurrencies with up to 10X leverage. Users can also use derivatives products such as Binance Futures, settled in USDT, BUSD or other cryptocurrencies and Binance Options to leverage on their trades.

How to buy Dai in other countries?

Anywhere Binance exchange is available, you may easily purchase Dai (DAI) with the lowest costs and maximum security. To begin purchasing Dai in the country of your choice, enter your country's name in the search box below:

What can you do with Dai

pic
Store/Hold Dai
Many users hold on to their Dai with the expectation of it increasing in value. You can store your DAI safely on your Binance account or on our crypto wallet app Wallet, the most user-friendly and secure mobile wallet.
pic
Trade Dai
You can trade Dai for 150+ cryptocurrencies on Binance exchange's industry-leading, fast, and secure trading platform. Binance offers many trading pairs for Dai trading to meet your needs.
pic
Send Dai
Yes, Binance allows you to easily transfer value around the world, fast. You can buy Dai online and send to anyone and anywhere with their Dai address.
pic
Spend Dai
You can also buy goods and services with your Dai. More and more vendors and retailers accept Dai every day.
pic
Donate Dai
Binance accepts Dai donations from institutions to support global projects aimed at improving the lives of the underprivileged billion. You can donate Dai to ensure that no one misses out on the growth brought by blockchain.
pic
Learn More About Dai
You can read more in-depth articles on Dai from Binance Research and study how cryptocurrencies like Dai work on Binance Academy.

Market stats to help you decide if it is a good time to buy Dai

Perhaps all you need to know is more about it. Allow us to take you through some of the most fascinating Bitcoin Facts from Binance Academy articles in a quick manner. Find out now why people purchase Dai!

DAI is an Ethereum-based stablecoin (stable-price cryptocurrency) whose issuance and development is managed by the Maker Protocol and the MakerDAO decentralized autonomous organization.The price of DAI is soft-pegged to the U.S. dollar and is collateralized by a mix of other cryptocurrencies that are deposited into smart-contract vaults every time new DAI is minted.It is important to differentiate between Multi-Collateral DAI and Single-Collateral DAI (SAI), an earlier version of the token that could only be collateralized by a single cryptocurrency; SAI also doesn’t support the DAI Savings Rate, which allows users to earn savings by holding DAI tokens.

Stay on top of crypto. All the time, any time.

Subscribe

How to Safely Store Your Dai?

The Binance wallet offers the most reliable and industry-leading security for risk management, where Dai can be safely kept. To begin holding a Dai wallet, register on Binance exchange.

FAQ

Q
How do I purchase Dai?
A
Nowadays, you can purchase & store Dai hassle free on exchange. You can use your credit card, bank transfer or perform peer-to-peer trade to buy Dai. You can easily do it on your computer, tablet or iOS or Andriod phone.
Q
Can I buy $1 worth of Dai?
A
Typically, you can purchase $1 worth of Dai, but it depends on the exchange and the cryptocurrency you choose. Some exchanges allow minimum amount transactions, while others may have restrictions on the minimum transaction amount. It is advisable to check the trading rules and minimum transaction amounts when selecting an exchange and cryptocurrency.
Q
Where can I still buy Dai?
A
You can still buy Dai on various cryptocurrency exchanges. Some popular exchanges where you may find Dai include OKX, Binance, Coinbase, Kraken, and Huobi. Be sure to check the availability of Dai on these platforms and consider factors such as trading pairs, fees, and security features before making a purchase.
Q
Where is the best place to buy Dai?
A
The best place to buy Dai depends on factors such as your location, preferred payment method, and trading preferences. Some popular options for buying Dai include reputable cryptocurrency exchanges like Binance, Coinbase, Kraken, and Huobi. It's recommended to compare features such as fees, supported trading pairs, security measures, and user interface to determine which platform aligns best with your needs. Additionally, you may consider peer-to-peer trading platforms or decentralized exchanges for alternative options.
Q
Can I view the Dai chart now?
A
Of course, CoinMapAi not only provides information on how to buy Dai, but also supports viewing Dai chart. Click on the link next to it to view the actual rise and fall data.

Market risk applies to any cryptocurrency investment activity, including using Binance exchange to purchase Dai online. While we make every attempt to thoroughly inform our users about every cryptocurrency we offer on the exchange, Binance exchange does not take responsibility for any outcomes that may emerge from your purchase of Dai. Nevertheless, we do offer simple and convenient ways for you to buy Dai quickly. The content on this website is not intended to be construed as endorsing any specific cryptocurrency or way to obtain it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

Exchanges
Up to 50% Rebate
Up to 50% Rebate
Up to 50% Rebate
Surport
Contact Us
Feedback