Sell Dai in Australia (DAI)

Quickly and securely, exchange your Dai for dollars.
Established in 2013, Independent Reserve is Australia’s trusted cryptocurrency exchange.
DAI: AUD 1.52000
Aud
Aud
Dai
Dai
Payment method
Buy Dai with PayPalBuy Dai with VISABuy Dai with MasterCardBuy Dai with Bank transferBuy Dai with PayIDBuy Dai with SWIFT
DAI: AUD 1.50200
Dai
Dai
Aud
Aud
Receive with
Sell Dai with Bank transferSell Dai with PayIDSell Dai with SWIFT

There are multiple ways to sell

Market sell

Sell Dai immediately at the current price.

Limit sell

Sell at a price you set on our order book.

OTC sell

Use our OTC desk to make large block trades and to reduce price slippage.

Auto & API sell

Automated selling of your digital assets using AutoTrader. Alternatively, trade via the API.

Trusted by global partners

  • KPMG
  • Bloomberg
  • Iress
  • Fireblocks
  • BGL
  • PayPal

Your trusted cryptocurrency exchange

  • Made for you

    Create a personal, SMSF or business account. Access the award-winning platform 24/7 using the website or mobile app.

    Made for you
  • Instant deposits and withdrawals

    Access the cryptocurrency market 24/7. Instant AUD deposits and withdrawals to and from your bank account.

  • Low fees

    Trading fees start at 0.5% and go down to 0.02%. Free EFT bank withdrawals. Low fees apply to instant, crypto and SWIFT withdrawals.

  • Multi-currency trading

    Buy and sell Dai and other popular cryptocurrencies with AUD, NZD, or USD.

Sell Dai on the go

Buy, sell and track your cryptocurrency portfolio, anywhere and anytime with the Independent Reserve app.

Independent Reserve crypto exchange mobile app

Awards & Recognition

  • Blockchain Australia Digital Exchange of The Year
  • Deloitte Technology Fast 50 2019 Australia Winner
  • Financial Review Lists 2018 100 Fast
  • Financial Review Most Innovative Companies
  • Financial Times High-Growth Companies Asia-Pacific 2020

Join over 300,000 happy customers

5 stars out of 5

Protecting your assets is our top priority

No commingling of customer funds: we keep client assets completely separate from our own.

1:1 reserves

We maintain a full 1:1 reserve of all client fiat and crypto assets.

We hold the vast majority of crypto assets in secure offline cold storage, protected in underground vaults with maximum security.

Audited

Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to undertake an annual audit of our financial statements in accordance with Australian Accounting Standards. This includes verification of all fiat and crypto balances held in custody on behalf of clients.

Segregated funds

We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal you can.

We keep your assets safe. That is our promise.

Sole custodian

Independent Reserve is the sole custodian of all crypto assets held on our platform. Custody is managed in Australia and we do not use any third party custodians.

We adhere to industry best practices and never lend, trade or reinvest your assets.

Dai price

Live Dai (DAI) to AUD price chart.

Loading...Building chart...

Most traded

View all
  • Ripple | XRP
    Aud0.76763
    +2.11%
    Sell
  • Bitcoin | BTC
    Aud99,579.94
    −0.8%
    Sell
  • Ethereum | ETH
    Aud5,215.49
    −2.88%
    Sell
  • Tether USD | USDT
    Aud1.51459
    −0.02%
    Sell
  • Solana | SOL
    Aud209.4589
    −5.33%
    Sell

What is Dai (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.

Get started today

Register, deposit and trade in 5 minutes.

Create your account