Preferred Payment Method
Buy Dai with your local currency with NO KYC* required for smooth user experience.
*NO KYC is required up to 300 €.
The Dai cryptocurrency (DAI) is an ERC20 token with its price stabilized relative to the value of the US dollar. It was created and is managed by Maker, the creators of a decentralized platform running on the Ethereum blockchain. Demonstrating decentralized governance, DAI is governed through smart contracts in the Maker Protocol by MKR holders. For price stabilization, it uses a dynamic system of collateralized debt positions (CDPs), autonomous feedback mechanisms, and appropriately incentivized external actors.
Dai is the core of the Maker DAO lending system generated through the Maker platform with leveraged Ethereum assets. Once created, DAI can be used as a stable Ethereum token. The new generation of stablecoins creates the components needed for a robust, decentralized-margin trading platform.