Home / Buy Crypto / Dai

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Dai

Sign up to buy DAI. Start with just £10.

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Buy
Dai

Millions choose Kraken to buy Dai. Start with just $10.

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How to buy Dai in the UK

Learn how to buy Dai on Kraken’s crypto platform. Create your free account and connect a funding method to buy over cryptocurrencies including DAI. Kraken makes it quick and easy to get started.

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Step 1: Sign up - Provide your email address and country of residence to get started with our secure verification process.

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Step 2: Choose a payment method - Send a bank wire, make an ACH purchase, use a credit/debit card or connect several other payment methods.

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Step 3: Click "Buy Crypto" - Select “Buy crypto” on either Kraken’s desktop and mobile app to start your purchase.

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Step 4: Choose from 300+ assets - Buy Dai or select from hundreds of other popular cryptocurrencies available on Kraken today (geo restrictions apply).

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Step 5: Enter the cash amount - Input the amount you want to spend using your local currency before previewing how much DAI you will receive.

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Step 6: Complete your order - Confirm the asset price, purchase amount and fees to instantly receive Dai in your Kraken account.

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Kraken

In the past 24 hours, Kraken clients bought 1,825,351 DAI worth £1,364,745.

Why buy Dai with Kraken in the UK?

Kraken offers a safe and easy way to get started with crypto in the UK. Use our flexible payment methods to buy Dai with a credit card, debit card, bank transfer, and more.

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About Dai

Dai is a collateral-backed stablecoin pegged to the US Dollar. Dai (DAI) is the first decentralized stablecoin built on top of the Ethereum blockchain. Because the price of Dai is pegged to the US Dollar, it experiences relatively little market volatility. As a result, it is most often used as a method of payment or hedging mechanism. Every Dai is backed by a surplus of collateral that is escrowed into publicly reviewable Ethereum smart contracts.

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Swap Dai for other assets

After you buy Dai, you can trade it for fiat currencies and other cryptocurrencies. Kraken offers over 200 Dai trading pairs so you can move in and out of the market with ease.

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Crypto Asset General Risks

  • Investing in crypto assets is risky and each token can have its own set of risks. Below is a list of risks that generally apply to all crypto assets:
  • Volatility: The performance of crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.
  • Lack of protections: Crypto asset investments are unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will assist or protect you in the event something goes wrong with your crypto asset investments.
  • Liquidity: Some crypto asset markets may suffer for low liquidity which could prevent you buying or selling your crypto assets at the price you want or expect.
  • Complexity: Specific crypto assets may carry with them specific complex risks that are hard to understand. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.


If you want to learn more about specific risks related to Dai, please visit our crypto asset statements page.

Learn more about Dai

  1. How does Dai work?


  2. Where can I buy Dai?


  3. How much does 1 Dai cost?


  4. Can I buy $100 worth of Dai?


  5. Is it safe to buy Dai?


  6. Is Dai available to buy and sell in my country?


  7. Is Dai a good investment?


  8. Can I purchase Dai using my local currency?


  9. How much is Dai transaction fee?


  10. What is the minimum amount of Dai I can buy?


  11. How to buy Dai with PayPal?


  12. How to buy Dai with a debit card?


  13. How to buy Dai with a credit card?


  14. How to buy Dai with other cryptocurrencies?


  15. Can I transfer Dai from Kraken to my crypto wallet?


  16. Is it safe to keep Dai on Kraken?


  17. What is the current circulating supply of Dai?


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Kraken lets you trade hundreds of cryptocurrencies beyond Dai. Check out some of the top trading pairs on Kraken today.

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Payward Ltd (trading as Kraken) is registered as a cryptoasset firm with the Financial Conduct Authority (FRN: 928768) registered office at 6th Floor, One London Wall, London, United Kingdom, EC2Y 5EB. Cryptoasset services offered by Payward Ltd are unregulated and not covered by the Financial Services Compensation Scheme as well as the FCA’s consumer protection regulations. Note the value of cryptoassets can go down as well as up, gains may be subject to Capital Gains Tax and there may be extra charges when paying via credit card from your provider.