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    Buy Dai
    Buy Dai
    The easiest way to get Dai? Buy it. Exchange a local currency for Dai, or trade another crypto-asset for it.
    Buy with Fiat Currency
    Many exchanges support both Dai and fiat trading. Consider some of the popular services listed below.
    Note: Make sure to check for any geographic restrictions. Users from restricted regions can research and explore alternative venues that might not be listed here.
    Changelly
    • A simple way to buy Dai with fiat.
    • Payment Methods: Credit Card, Debit cards, Bank Transfer, Apple Pay.
    • Supported Countries
    • US exchange with price information from Bloomberg Terminal.
    • Payment Methods: Bank Transfer, Credit Card
    • Supported Countries
    • A simple way to buy Dai with fiat.
    • Payment Methods: Debit cards, Bank Account, Apple Pay.
    • Small purchases do not require KYC.
    • Supported Countries
    Buy with Cryptocurrency
    There are more choices when trading from other crypto-assets. Acquire Dai on either centralized exchanges, decentralized exchanges, or peer-to-peer marketplaces.

    Centralized Exchanges

    If managing an Ethereum wallet or keeping it secure is a hassle, consider trading on a centralized exchange. They also tend to be more liquid, and some keep detailed trade records to simplify accounting later on.
    • US and International options.
    • ETH/DAI, BTC/DAI. USDT/DAI, and USD/DAI pairs
    • Unsupported Countries: Bittrex and Bittrex International serve most countries.
    Kraken
    • Hong Kong based centralized exchange.
    • ETH/Dai, BTC/Dai. USDT/Dai, and MKR/Dai pairs.
    • Supported Countries

    Decentralized Exchanges & DEX Aggregators

    A great way to obtain Dai is with a Decentralized Exchange (DEX). By design, DEXs are non-custodial, not bound by geographic restrictions, and don't involve trusting third-parties. They can trade straight from their Web3 wallet (e.g., MetaMask) while retaining full control of their assets.
    DEXs offer numerous benefits, but there are trade-offs.
    Trade-Offs:
    • Privacy: Trades happen on-chain and, therefore, are pseudo-public. In some regards, a public link between transactions and addresses reduces privacy. However, it may help third-party software keep track of trades for tax and documentation purposes.
    • Slippage: For large orders there is a risk of receiving a different trade execution price than expected, this is called slippage. To reduce this risk, a DEX Aggregator can be used to split up a large order across multiple DEXs.
    • Flagship platform by MakerDAO.
    • Limit and market orders.
    • Access to core Maker features.
    • Simple UI, similar to Uniswap.
    • Minimal fee (0.3%)
    • Ideal for small to medium sized orders.
    • Watch for slippage.
    • Simple UI
    • Minimal fee (0.3%)
    • Ideal for small to medium sized orders.
    • Watch for slippage.
    • DEX aggregator
    • Splits orders among multiple DEXes and attempts to get the best price.
    • Works like other DEXs.
    • Choose which DEXs to spread orders across using toggle switches.

    Peer-to-Peer Marketplaces

    Peer-to-peer markets fill the gaps in regions that lack access to suitable exchanges or have restrictions on cryptocurrency trading. These marketplaces act as fiat on-and-off-ramps, enabling users to later trade on DEXs that offer more liquidity and fairer pricing.
    A peer-to-peer marketplace, to buy and sell Ethereum over various payment rails. It uses escrow to handle transactions.
    A peer-to-peer marketplace to buy and sell BTC. Convert BTC to ETH or any other currency on an exchange, like Binance.
    An open-source, peer-to-peer application for buying and selling cryptocurrencies in exchange for national currencies. No registration required.