How to buy the popular DAI token
Against the backdrop of the growing popularity of the DAI stablecoin, many members of the crypto community are raising the question of buying it. How to buy a popular DAI token and where to store it, we will consider in this article.
Where could I buy
In fact, DAI is now one of the most sought-after stables in the world. The number of users is constantly increasing.
As of March 2022, the daily trading volume exceeds 190,000,000 USD. Its popularity favors an increase in the number of trading platforms that support trading operations with it. In this regard, finding where to buy it is not difficult.
First, the token is sold on centralized exchanges. For example, Binance, Kraken, Coinbase, Huobi, Poloniex, Kucoin, Gate.io, Bitfinex, EXMO and others. On exchanges, DAI purchases are available on trading terminals using cryptocurrency. In addition, you can buy a token using bank cards directly or through payment system providers, such as, for example, Simplex.
Secondly, stablecoin can be bought on DEX exchanges and exchangers, for example, Uniswap, SpookySwap, Balancer, Sushiswap, Curve Finance and others.
Thirdly, DAI is also bought through cryptocurrency analysis and exchange services, such as BestChange and private exchangers that place their offers on it. For example, at present, among the popular exchangers offering this direction of exchange, one can note ExchangeKey, Baksman, ProstoCash and others.
You can see the most up-to-date combined information on prices and the possibility of buying DAI on various trading platforms on the Coinmarketcap service on the stablecoin page .
Where to store
First of all, it should be noted that we do not recommend storing your crypto assets on the exchange. Therefore, after buying a stablecoin, you should withdraw it to your wallet for further storage.
Since the main DAI network is the Ethereum blockchain, a popular application for transactions with it is the Metamask browser extension. It allows you to send a stablecoin for storage on the Ethereum network and, if necessary, transfer it to another address on this network.
Similarly, you can use multi-currency crypto wallets Safepal, Atomic wallet, Trust Wallet, MyEtherWallet, Ledger and others. By the way, DAI works not only on the Ethereum network, but also on other blockchains. Therefore, the possibilities of using a stablecoin are so great.