Buy DAI in Seconds

Buy DAI quickly аnd securely via card or bank transfer. Start with as little as $10.

Get up to 0.5% back
Start earning up to 12% APR on your DAI
Excellent market prices
SEPA, Faster Payments, and SWIFT
Buy DAI
Buy via card or bank transfer

DAI DAI

$1.00

Market Stats

Market Rank
16
Market Cap
$5.18B
24H Volume
$195,262,078
24H High
$1.01
All-Time High
$1.22
Circulating Supply
5,171,887,895

DAI Price Performance

The current DAI price is $1.00 as in the last 24 hours its value has risen by 0.27%. DAI is a stablecoin designed to be pegged to the US dollar. DAI is a decentralized currency, which means you can buy, sell, and exchange it without having to rely on traditional monetary systems. Stablecoins can be found in the most popular cryptocurrency pairs, making them the widely adopted medium of exchange in the world of digital assets.

Why Nexo Is the Right Place to Buy DAI

Buy Instantly

Buy DAI with card in 7 seconds. Secure wire transfers are also accepted.

Start with Just $10

Start with as little as $10 or go up to $15,000 – including fees, if any.

Get Excellent Prices

Get the most cost-efficient price across the top 10 crypto exchanges worldwide.

Stay Secure

Benefit from a top-tier $775M insurance secured by Nexo’s trusted custodians.

  1. 1

    Select Payment Option

    Select the "Add Funds" option on your Dashboard and tap on "Credit/Debit Card".

  2. 2

    Enter Your Details

    Select DAI and enter your credit or debit card details.

  3. 3

    Complete the Purchase

    Preview your transaction details and confirm the purchase. It's that easy!

Buy DAI

How to Buy DAI

Once you open your Nexo account and verify your identity, then you have to:

What Can You Do with Your DAI?

Earn Interest

Start earning daily compounding interest on your DAI immediately with our Earn on Crypto suite.

Exchange Seamlessly

Swap any asset for DAI with lightning speed and no price fluctuation on Nexo’s Crypto Exchange.

Borrow Instantly

Borrow funds from 0% APR without selling your DAI with Nexo’s Instant Crypto Credit Lines.

Spend Without Selling

Spend the value of your DAI without selling it, all while getting up to 2% back in crypto rewards.

Boost Your Profits

Leverage against your DAI to acquire up to 3x more of your desired crypto with the Nexo Booster.

Send DAI

Make free, instant DAI transfers to all your friends, family or colleagues as long as they have a Nexo account.

FAQs

Find answers to all your questions about buying DAI on Nexo.

How to buy DAI instantly with card?

First, you have to verify your identity which only takes a couple of minutes. Once you pass verification, then:

  1. From the Dashboard, tap on the “Add Funds” option and select the “Credit/Debit Card”.

  2. Pick DAI and enter how much you would like to spend.

  3. Enter your credit or debit card details.

  4. Confirm your purchase and you’re done! Your funds will instantly appear in your Nexo account.

By making a successful purchase of crypto, your card details are automatically saved so you can select that card for future transactions. There is no limit as to how many cards you add to your account.

How to buy DAI via bank transfer?

You can top up USD, EUR, or GBP from your local bank via a secure bank transfer. Wires sent from the US generally take 1-2 business days to be reflected in your account. EUR transfers via SEPA usually take 1-3 business days, while GBP transfers via Faster Payments take up to 1 business day. Wires sent from other countries typically take longer to process – up to 3 business days.

Once your funds arrive, simply go to the Exchange tab inside the Nexo app and swap them for the amount of DAI you want.

What’s the minimum amount of DAI you can buy?

Nexo allows you to buy as little as $10 worth of DAI. This stablecoin is pegged to the price of the US dollar and it’s possible to own less than one DAI. For example, 0.54 holdings of DAI, given that the peg remains stable, would be valued at $0.54 cents.

Users take many variables into consideration when deciding how much DAI to buy. Supply, demand, availability, competing cryptocurrencies, and investor sentiment are key indicators of DAI’s utility.

As DAI is pegged to the US dollar, questions such as “When is the right time to buy DAI?” and “Is it too late to buy DAI?” should be answered by first acknowledging the fact that investors usually don’t expect the price of stablecoins to appreciate.

How to get up to 0.5% in crypto rewards on your DAI purchases?

To get instant rewards, make sure at least 1% of your Portfolio Balance consists of NEXO Tokens. The rewards you get depend on your Loyalty tier – the higher your Loyalty tier is, the more rewards you’ll get.

If you want to get the maximum cashback of 0.5%, join the Platinum Loyalty tier by holding at least 10% of your Portfolio Balance in NEXO.

Example

Let’s say you stay within Nexo’s Platinum Loyalty tier and you buy $5,000 worth of DAI via the Nexo Exchange. That means you’ll get $25 worth of DAI in instant cashback:

$5,000*0.5% = $25 in DAI

To find out the exact cashback rates for each tier, visit our Help Center.

Note: The total crypto rewards paid are limited up to $100,000 in exchange volume per month. That means you’ll get rewarded until your total monthly amount of swaps reaches $100,000. That limit resets back to $0 on the 1st day of each month.

How do I start earning interest on my DAI?

You start earning interest automatically the next day after you add DAI to your Nexo Wallet. If you want to increase the amount of interest you earn by up to 2% you can opt to receive your interest in NEXO.

Is buying DAI taxable?

Buying and owning stablecoins is not taxable. However, selling or exchanging DAI must be reported on your taxes, even if you had no gain or loss. You can avoid taxable events while doing more than simply HODLing your DAI with the Nexo Card. It allows you to spend on everyday purchases while using your crypto as security for repayment, instead of selling it.

How does Nexo protect my DAI?

The security of the assets in your Nexo Account is guaranteed by our industry-renowned custodians and the leading authorities in compliance and includes:

  • $775M insurance from our custody partners via Lloyd’s of London and Marsh & Arch.

  • The finest custody solutions in the blockchain space, provided by SOC 2 Type 2 certified Bakkt, Ledger Vault, and other partners.

  • Military-grade 256-bit encryption and fraud monitoring mechanisms, guaranteeing the safety of your funds.

  • ISO/IEC 27001:2013 accredited information security management systems.

You can learn more about our security and insurance here.

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Ready to Start?

Buy, earn, swap and borrow against your DAI instantly and securely on Nexo.