The safest way to sell your DaiCash out in minutes with Australia’s most trusted exchange.
There are multiple ways to sell on our exchange
Market sellSell immediately at the current price.
Limit sellSell at a price you set.
OTC sellContact us if you're selling a large stash.
How do I cash out Dai?
- 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
Low feesFee free-deposits available. Trading fees from NaN% down to 0%
Voted #1Voted Australia’s Best Digital Currency Exchange
24/7 supportFast, world-class support
Why is Independent Reserve the best exchange to sell Dai?
Trade now or later
Easy withdrawal options
Easy-to-use trading interface
Excellent customer support
We’re registered and compliant
Streamline 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.
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.
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.
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.