Sell Dai

Register in minutes and securely convert Dai (DAI) to AUD, USD, NZD or SGD.

Dai Price

1 DAI / USD 0 .98295
+0.08%
Dai Dai
Usd US Dollar
  • 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 sell 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
    Sell and withdraw
    Once sold, you can transfer the cash straight to your bank.

Statistics

  • Low fees

    Fee free-deposits available. Trading fees from 0.5% down to 0.02%
  • Voted #1

    Voted Australia’s Best Digital Currency Exchange
  • 24/7 support

    Fast, world-class support
  • Trade now or later

    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

    Easy withdrawal options

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

    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

    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’re registered and compliant

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

How we treat client assets

No commingling of customer funds: We keep client assets completely separate from our own.
1:1 reserves

1:1 reserves

We keep 1-to-1 reserves 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

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

Segregated funds

We maintain complete segregation of our customers’ crypto and fiat assets. We ensure that your funds are kept safe so that when you need to make a withdrawal, you can. That is our promise.

Sole custodian

Sole custodian

Independent Reserve is a 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.

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.

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