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dai

Sell
Dai

Cash out of Dai with flexible funding options

dai

Sell
Dai

Cash out of Dai with flexible funding options

Kraken App QR Code

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How to sell Dai

1

Create your free Kraken account

Verify your details to get started

2

Send DAI to your Kraken account

Deposit DAI in your secure Kraken account

3

Sell Dai instantly

Enjoy ultra-fast DAI transactions & withdraws

dai
Kraken

In the past 24 hours, Kraken clients traded 625,071 DAI worth $624,912.

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.

Transactions are instant

Instant transactions & withdrawals

Flexible funding options

Flexible withdrawal options

Kraken level security

World-class
security

Take advantage of our flexible payment options to sell Dai using a variety of convenient methods including wire transfer, bank transfers and cash withdrawals.

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.

What can you do with Dai?

Before you sell your Dai, learn more about the different ways you can put your Dai to work with Kraken.


Stake

Dai rewards

See if you can earn rewards

Trade for NFTs

Trade Dai for NFTs

Collect & trade NFTs

Trade futures

Dai wallet

Securely manage your DAI with Kraken Wallet

Swap Dai for other assets

Explore the most popular Dai trading pairs on Kraken before you swap Dai for cash, stablecoins or other digital assets.


Dai FAQ


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 $0.999746. 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 sell or buy Dai after you connect your funding method.

Learn more about Dai


  1. What are the fees for selling Dai?


  2. Which cryptocurrencies can I sell on Kraken?


  3. What is a Dai ATM?


  4. Where can I sell Dai?


  5. Should I sell Dai now?


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