Crypto exchanges serve as platforms where users can buy, sell, and convert various cryptocurrencies. Below is a curated list of exchanges supporting Multi-Collateral Dai (DAI), enabling trading with cryptocurrencies (including stablecoins) and fiat currencies.
👉 Discover the best DAI trading platforms
DAI Trading Pairs by 24-Hour Volume
Multi-Collateral Dai is available on 91 exchanges with 296 trading pairs. The most active pair is DAI/USDT on Binance, boasting a 24-hour volume of $8.47M. Trade DAI against fiat currencies like USD, EUR, JPY, or stablecoins (USDT, USDC, EURS).
Popular Exchanges for DAI Trading
- Binance
- HTX (Huobi)
- KuCoin
- Kraken
Tip: Research fees, security, and liquidity before selecting an exchange.
DAI Market Overview
| Metric | Value |
|---|---|
| 24h Trading Volume | $59.03M |
| Volume Rank | #163 |
| Supported Exchanges | 91 |
| Trading Pairs | 296 |
| Average Price | $0.999498 |
| Price Change (24h) | Data unavailable |
Market Distribution:
- Stablecoins (85%)
- Fiat (5%)
- Ethereum (4%)
- Bitcoin (4%)
- Others (2%)
DAI’s 24-hour volume decreased slightly recently. The current average price is $0.999498, reflecting a stablecoin’s peg consistency.
DAI Trading Volume Insights
- 24h Volume: $59.03M (#163 globally).
- Trends: Volume dipped marginally over the past day.
Where to Trade DAI with Fiat
23 exchanges support DAI/fiat trading. Top platforms:
- Kraken (Best for DAI/USD)
- Binance (Wide fiat support)
DAI Stablecoin Exchanges
232 exchanges offer DAI/stablecoin pairs. Leading options:
- Binance (Highest liquidity for DAI/USDT, DAI/USDC)
FAQ: Multi-Collateral Dai Exchanges
1. Which exchange has the lowest fees for DAI trading?
Binance and Kraken offer competitive fees, but check for deposit/withdrawal costs.
2. Can I buy DAI with PayPal?
Indirectly via platforms like Paxos or through third-party services (e.g., LocalBitcoins).
3. Is DAI available on decentralized exchanges (DEXs)?
Yes! Uniswap and SushiSwap support DAI/ETH pairs.
4. How does DAI maintain its $1 peg?
Through collateralized debt positions (CDPs) and algorithmic adjustments.
5. What’s the best wallet for storing DAI?
Use MetaMask (for DeFi) or hardware wallets like Ledger for security.
6. Which countries restrict DAI trading?
Some jurisdictions regulate stablecoins; verify local laws before trading.
Note: Always verify exchange reputations and update pricing data before transactions.