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The safest way to sell your Dai

Cash out in minutes with Australia’s most trusted exchange.

Buy Sell

Dai Price

1 DAI / 1 .38300 AUD

−1.26%

You sell

Dai Dai

You receive

Aud Australian Dollar

Receive with

Sell

There are multiple ways to sell on our exchange

Market sell

Sell immediately at the current price.
Limit sell

Sell at a price you set.
OTC sell

Contact us if you're selling a large stash.

How do I cash out Dai?

It only takes a few steps to sell DAI safely and withdraw your funds:

1

Create your account

Sign up in less than 5 minutes. Upload your ID so we can verify your identity.
2
Transfer from anywhere to sell here
- If you have Dai in another wallet or exchange, transfer them here to sell
- If you want to accept payment in Dai, get it sent here and convert to cash
3

Confirm and withdraw

Once sold, you can transfer the cash straight to your bank.

Statistics

Low fees

Fee free-deposits available. Trading fees from NaN% down to 0%
Voted #1

Voted Australia's Best Cryptocurrency Exchange of the Year 2019 - 2021
24/7 support

Fast, world-class support

Why is Independent Reserve the best exchange to sell Dai?

Check out the features that we’ve added to make trading easier for you.

Trade now or later

Sell now, or wait for the price to move into your direction. Multiple ways to sell gives you more control of your profits.
Easy withdrawal options

Withdraw directly to your Australia bank account within a day. This gives you access to your funds as fast as possible.
Easy-to-use trading interface

Customise our charts to suit your personal style. We use real language, not finance speak, so when you click ‘sell’, you know what to expect.
Excellent customer support

You can always get in touch with our 24/7 support team, available when you need them. All account related questions are confidential.
We’re registered and compliant

We are serious about customer accounts. Our focus on compliance means you can rest easy knowing your funds are safe.
Streamline tax time

Use our KPMG tax estimator to work out your obligations to the ATO. Convenient to use and will take the stress during tax time.

What is Dai?

Dai (DAI) is a decentralised stablecoin that is created and governed by MakerDAO(MKR). Dai is pegged to the US dollar on a 1:1 ratio. Unlike other USD stablecoins like USDT and USDC whose value is directly backed by USD, Dai is backed by crypto collateral like Ethereum that is publicly viewable on the Ethereum blockchain.

Australia's trusted crypto exchange

Nick Addison

ConsenSys

As someone who has integrated to over 20 crypto exchanges via their APIs, I can say Independent Reserve has the best API documentation by far.
Their customer support is also excellent which is something most exchanges sadly lack these days.
Lucas Cullen

Blockchain developer

I organise and host blockchain meetups and conferences and am always hearing very positive things when it comes to Independent Reserve which is why I always recommend them.
They are by far the most trusted exchange in Australia for consumer trading as well as institutional investment, and offer a great 'open order book' unlike most other Australia exchanges.
Claire Wivell Plater

Managing Director, The Fold Legal Pty Ltd

I find Independent Reserve to be one of the easiest, smoothest cryptocurrency exchanges that I use.
The client onboarding process was simple, it is easy to deposit funds and I particularly like the transparency of market depth and speed of execution.