Dai DAI DAI·Dai ·Stablecoin

Dai (DAI) — rate and purchase with USDT

Live Dai rate, exchange calculator and working directions: buy the decentralised stablecoin DAI on the Ethereum network with USDT TRC-20, ERC-20 or Polygon.

↓ What is Dai?
TickerDAI
Asset typeStablecoin
NetworkEthereum (ERC-20)

Buy or sell Dai

DAI exchange calculator

What is Dai?

Dai (DAI) is a decentralised stablecoin pegged to the US dollar. It was created by the MakerDAO protocol, with the first version launched in 2017. Unlike USDT and USDC, DAI is not backed by a company with a bank account: coins are minted by smart contracts against other crypto collateral, and all the rules are openly written on the Ethereum blockchain.

DAI is widely used in decentralised finance (DeFi): for loans, interest-bearing deposits, payments and as the “stable” part of a crypto portfolio.

How does Dai hold its 1 dollar peg?

To mint DAI, a user locks collateral in a smart contract worth more than the DAI issued (over-collateralisation). If the collateral value falls, the position is liquidated automatically. On top of that, the protocol manages rates and reserves to keep the DAI price close to 1 dollar.

How is DAI different from USDT and USDC?

USDT and USDC are centralised stablecoins issued by Tether and Circle, with reserves held in dollars and bonds. DAI is decentralised: its collateral is visible on-chain and rules change by community vote. To a user all three are “digital dollars”, but with different trust models.

Which network does Cryptabar use for DAI?

Cryptabar pays out DAI on the Ethereum network (ERC-20 standard). Enter the address of a wallet that supports ERC-20 tokens — it starts with 0x. To move DAI on later you will need a little ETH in the wallet for network fees.

How to buy Dai?

You can buy DAI with USDT TRC-20, USDT ERC-20 or USDT Polygon. Choose a direction, enter the amount and your ERC-20 wallet address — the rate and payout are shown before you create the order, and DAI is sent automatically.

What to check before exchanging DAI?

Make sure the address belongs to a wallet on the Ethereum network, not another network with the same address format (BNB Smart Chain, Polygon, Arbitrum). Check the address in full. Before paying, check the rate, minimum amount and reserve in the calculator above.

How to exchange Dai on Cryptabar?

1 Choose a direction

Choose what you pay for DAI with: USDT TRC-20, USDT ERC-20 or USDT Polygon. The full list of current directions is in the directions block above.

2 Enter the amount

Enter the amount in the calculator — the rate, amount to receive, minimum and reserve are shown right away, before you create an order.

3 Add your details

If you receive DAI, enter your Ethereum (ERC-20) wallet address (starts with 0x). If you send DAI, enter where to receive the payout: a wallet address or a card number.

4 Create an order

Check the details and create the order. No sign-up required. Send the funds to the address in the order — the rate is locked once payment is received.

5 Receive your funds

Automatic crypto directions complete in 1–5 minutes on average after network confirmations; hryvnia payouts usually take 5–30 minutes during working hours.

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FAQ

How do I buy Dai with USDT?
Choose USDT TRC-20 → DAI (or USDT ERC-20 → DAI, USDT Polygon → DAI), enter the amount and your ERC-20 wallet address, create the order and send USDT to the address it shows. DAI is sent automatically.
Can I sell DAI on Cryptabar?
At the moment the site only offers buying DAI with USDT. The current list of directions is always shown in the directions block above and on the rates page.
Is the DAI rate stable?
DAI is pegged to the dollar and over-collateralised with crypto assets, so its price usually stays close to 1 dollar. The rate to hryvnia moves with the dollar rate in Ukraine.
Who issues DAI?
DAI is issued not by a company but by the decentralised MakerDAO protocol (part of the Sky ecosystem since 2024) through smart contracts on Ethereum.
How long does a DAI exchange take?
Automatic DAI directions complete in 1–5 minutes on average once the Ethereum network has the required confirmations. Hryvnia payouts are processed by an operator, usually within 5–30 minutes during working hours: Mon–Fri 9:00–22:00, Sat 10:00–21:00 (Kyiv time).
What is the minimum DAI exchange amount?
Minimum and maximum amounts depend on the direction and are shown in the calculator above and on the exchange page. Typically the minimum is around 55 USDT equivalent.
Do I need an account to exchange DAI?
No. You can create an order without signing up — just enter the amount and your details. Incoming crypto goes through an AML check: if funds carry a high risk, the service will ask for more information or return them to the same wallet.

Exchange DAI at the current rate

Buy Dai with USDT TRC-20, ERC-20 or Polygon at the current rate — DAI is sent to your ERC-20 wallet automatically. Fees are already included in the rate.

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