Buy DAI.
Purchase DAI in a few taps. Buy with a credit, debit card or bank transfer.
Purchase DAI in a few taps. Buy with a credit, debit card or bank transfer.
Dai (DAI) is a decentralized, collateral-backed stablecoin designed to maintain a 1:1 peg with the U.S. dollar. Unlike centralized stablecoins that rely on fiat reserves held by custodians, Dai is generated through smart contracts on the Ethereum blockchain. This model offers greater transparency and resilience by removing the need for traditional intermediaries.
Dai is issued by the Maker Protocol and governed by MakerDAO, a decentralized autonomous organization composed of MKR token holders. Users generate Dai by locking up collateral assets such as ETH, WBTC, or other approved tokens in Maker Vaults. These positions ensure that every DAI in circulation is fully backed by overcollateralized assets, maintaining the stablecoin’s value regardless of market volatility.
What sets Dai apart is its decentralized nature. It operates entirely on-chain, with governance decisions — such as collateral types, risk parameters, and system upgrades — voted on by the MakerDAO community.
Dai is priced to mirror the U.S. dollar and trades close to $1.00. The current market capitalization is $3,625,932,915.00. DAI reached its all-time high of $1.22 on March 13, 2020. There are 3,626,746,219.44 DAI tokens in circulation, from a total supply of 3,626,291,119.91, with a maximum supply of .
You can buy Dai using your credit or debit card directly on Nexo, or explore additional payment options for access. Proceed to the Nexo Exchange to buy DAI.
Swap assets for DAI with fixed price execution on Nexo’s crypto exchange.
Borrow funds from 2.9% interest without selling any of your DAI.
Spend your funds on Credit and Debit Mode from a single card and earn interest on your spendable balance.
Make free DAI transfers to your family or friends as long as they have a Nexo account.
You can buy DAI directly with a credit or debit card, as well as cards connected to your Apple Pay or Google Pay.
To learn more about how to buy DAI via card, visit our dedicated Help Center article.
You can top up funds from your local bank via a bank transfer. EUR and GBP transfers arrive quickly, while USD wires generally take up to 2 business days to be reflected in your account.
Once your funds arrive, simply go to the Exchange tab inside the Nexo app and swap them for the amount of DAI you want.
To start receiving crypto cashback on DAI purchases, your account balance needs to be above $5,000 worth of digital assets. The specific amount you receive depends on your Loyalty Tier.
To get the maximum crypto cashback amount, maintain an account balance above $5,000 worth of digital assets and join the Platinum Loyalty Tier by holding at least 10% of NEXO Tokens against the rest of your portfolio.
To find out the exact reward rates for each tier, visit our Help Center.
We use multiple custodians including Ledger Vault, Fireblocks, and others, to diversify our custodial infrastructure. Along with that we offer:
You can learn more about our fundamentals here.
