How to buy Dai (DAI)
1 DAI = $0.9996 0.00% (24h)
Buy DAI on Xoibit in 4 steps
Create your Xoibit account
Sign up with your email or phone number and secure the account with a strong password and two-factor authentication.
Sign upVerify your identity
Complete identity verification (KYC) in your account settings. It is required before you can deposit and trade.
Deposit USDT
Deposit USDT to your spot wallet from another wallet or exchange, or buy USDT with a card or bank transfer.
Deposit USDTBuy DAI on the DAI/USDT market
Open the DAI/USDT market, enter the amount of DAI you want or the USDT you want to spend, and place a market or limit order. Your DAI shows up in your spot wallet once the order fills.
Trade DAI/USDT
Buy DAI with your currency
Buy DAI with AED (UAE Dirham)
Buy DAI with INR (Indian Rupee)
Buy DAI with USD (United States Dollar)
DAI on Xoibit
Buying Dai: FAQ
Where can I buy Dai?
You can buy DAI on Xoibit on the DAI/USDT market. Sign in, open the market and place a buy order.
How do I buy Dai?
Create an account on Xoibit. Complete identity verification (KYC). Deposit USDT to your spot wallet, or buy USDT on the Buy crypto page. Then open the DAI/USDT market and place a market or limit buy order for DAI.
Which currency do I need to buy DAI?
You pay with USDT on the DAI/USDT market. If you don't have USDT yet, you can deposit it or buy it with a card or bank transfer first.
How can I buy DAI with AED on Xoibit?
Create an account on Xoibit and complete identity verification (KYC). On the Buy crypto page, choose DAI, pay in AED (UAE Dirham) with one of the payment methods offered there, and the DAI is credited to your account.
How can I buy DAI with INR on Xoibit?
Create an account on Xoibit and complete identity verification (KYC). On the Buy crypto page, choose DAI, pay in INR (Indian Rupee) with one of the payment methods offered there, and the DAI is credited to your account.
How can I buy DAI with USD on Xoibit?
Create an account on Xoibit and complete identity verification (KYC). On the Buy crypto page, choose DAI, pay in USD (United States Dollar) with one of the payment methods offered there, and the DAI is credited to your account.
How do I buy DAI with USDT?
Deposit USDT to your spot wallet, or buy USDT on the Buy crypto page first. Then open the DAI/USDT market, enter how much DAI you want or how much USDT you want to spend, and place a market or limit buy order.
Do I need to verify my identity to buy DAI?
Yes. Identity verification (KYC) is enabled on Xoibit. Complete it in your account before you deposit and trade.
How do I sell Dai?
Place a sell order on the DAI/USDT market. The proceeds go to your spot wallet. You can also sell DAI for AED, INR and USD on the Sell crypto page.
What are the trading fees for DAI/USDT?
On Xoibit, the DAI/USDT spot market has a maker fee of 0.1% and a taker fee of 0.1% of the trade amount.
What is the minimum amount of DAI I can buy?
The smallest order on the DAI/USDT spot market is 0.00001 DAI. Other routes, such as the Buy crypto page or P2P, show their own limits before you confirm.
How do I store DAI after I buy it?
DAI you buy on Xoibit is credited to your wallet on the exchange, where you can see it in your wallet overview. Turn on two-factor authentication to protect your account.
Is buying DAI risky?
Crypto prices can move a lot in a short time. Only invest what you can afford to lose, and check the price, the fees and the market before you place an order.