How to sell Dai
Create your free Kraken account
Verify your details to get started
Send DAI to your Kraken account
Deposit DAI in your secure Kraken account
Sell Dai instantly
Enjoy ultra-fast DAI transactions & withdraws
In the past 24 hours, Kraken clients traded 1,815,138 DAI worth $1,814,180.
Why sell Dai with Kraken?
Kraken offers a safe and easy way to sell digital currency. Enjoy market rate trades with low transaction fees and withdrawal fees.
Instant transactions & withdrawals
Flexible withdrawal options
Take advantage of our flexible payment options to sell Dai using a variety of convenient methods including wire transfer, bank transfers and cash withdrawals.
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.
Can I sell Dai for USD?
Yes, you can buy and sell Dai using USD on Kraken. We support a diverse network of payment processors around the world that make it easy to sell Dai.
How do I convert Dai to cash?
Select USD, EUR or your preferred cash in the tool above to see how much cash you will receive when selling your Dai. Once you convert your Dai to cash, our funding options make it easy to withdraw cash to your bank account.
Is cashing out Dai taxable?
Each country handles cryptocurrency taxes differently. We recommend that you speak with a local professional tax advisor before making any digital asset sale or reporting your crypto taxes.
How much is Dai worth right now in USD?
At the current Dai price, one DAI is worth $0.999472. Kraken makes it easy to sell Dai for USD in minutes.
How do I get my money after selling Dai?
After you sell your Dai using Kraken, you can use our flexible funding options to withdraw your cash to your bank account in as little as 0-5 business days.
Can I buy and sell Dai instantly?
Yes, it only takes a few moments to buy and sell Dai after you connect your funding method.
Learn more about Dai
What are the fees for selling Dai?
Which cryptocurrencies can I sell on Kraken?
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