{"id":1024,"date":"2021-07-09T07:10:21","date_gmt":"2021-07-09T07:10:21","guid":{"rendered":"https:\/\/deficoins.io\/?page_id=1024"},"modified":"2022-05-24T01:54:11","modified_gmt":"2022-05-24T01:54:11","slug":"how-to-buy-dai","status":"publish","type":"page","link":"https:\/\/deficoins.io\/how-to-buy-dai","title":{"rendered":"How to Buy DAI: Invest in DAI Tokens Today"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">DAI is a decentralized stablecoin that strives to sustain its value in correlation with the US dollar. Developed by a Decentralized Autonomous Organization, it was built to serve as a global means of exchange to encourage economic liberty and a window of cryptocurrency opportunities around the world.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Maker provides a smart contract platform on Ethereum that operates to ensure DAI\u2019s stability by leveraging Collateralized Debt Positions (CDPs). In this guide, we will walk you through the process of how to buy DAI conveniently and safely.\u00a0<\/span><\/p>\n<div id=\"toc_container\" class=\"no_bullets\"><p class=\"toc_title\">Contents<\/p><ul class=\"toc_list\"><li><a href=\"#How_to_Buy_DAIQuickfire_Walkthrough_to_Buy_DAI_Tokens_in_Less_Than_10_Minutes\"><span class=\"toc_number toc_depth_1\">1<\/span> How to Buy DAI\u2014Quickfire Walkthrough to Buy DAI Tokens in Less Than 10 Minutes<\/a><\/li><li><a href=\"#How_to_Buy_DAI_OnlineFull_Step-by-Step_Walkthrough\"><span class=\"toc_number toc_depth_1\">2<\/span> How to Buy DAI Online\u2014Full Step-by-Step Walkthrough<\/a><ul><li><a href=\"#Step_1_Get_the_Trust_Wallet\"><span class=\"toc_number toc_depth_2\">2.1<\/span> Step 1: Get the Trust Wallet<\/a><\/li><li><a href=\"#Step_2_Fund_Your_Trust_Wallet\"><span class=\"toc_number toc_depth_2\">2.2<\/span> Step 2: Fund Your Trust Wallet\u00a0<\/a><\/li><li><a href=\"#Transfer_Crypto_from_an_External_Wallet\"><span class=\"toc_number toc_depth_2\">2.3<\/span> Transfer Crypto from an External Wallet<\/a><\/li><li><a href=\"#Add_Funds_With_a_DebitCredit_Card\"><span class=\"toc_number toc_depth_2\">2.4<\/span> Add Funds With a Debit\/Credit Card\u00a0<\/a><\/li><li><a href=\"#Step_3_How_to_Buy_DAI_via_Pancakeswap\"><span class=\"toc_number toc_depth_2\">2.5<\/span> Step 3: How to Buy DAI via Pancakeswap<\/a><\/li><li><a href=\"#Step_4_How_to_Sell_DAI\"><span class=\"toc_number toc_depth_2\">2.6<\/span> Step 4: How to Sell DAI<\/a><\/li><\/ul><\/li><li><a href=\"#Where_to_Buy_DAI_Online\"><span class=\"toc_number toc_depth_1\">3<\/span> Where to Buy DAI Online<\/a><ul><li><a href=\"#Pancakeswap_Buy_DAI_With_a_Decentralized_Exchange\"><span class=\"toc_number toc_depth_2\">3.1<\/span> Pancakeswap \u2014 Buy DAI With a Decentralized Exchange<\/a><\/li><\/ul><\/li><li><a href=\"#Ways_to_Buy_DAI\"><span class=\"toc_number toc_depth_1\">4<\/span> Ways to Buy DAI?<\/a><ul><li><a href=\"#Buy_DAI_With_DebitCredit_Card\"><span class=\"toc_number toc_depth_2\">4.1<\/span> Buy DAI With Debit\/Credit Card\u00a0<\/a><\/li><li><a href=\"#Buy_DAI_with_Crypto\"><span class=\"toc_number toc_depth_2\">4.2<\/span> Buy DAI with Crypto<\/a><\/li><\/ul><\/li><li><a href=\"#Should_I_Buy_DAI\"><span class=\"toc_number toc_depth_1\">5<\/span> Should I Buy DAI?<\/a><ul><li><a href=\"#Sizable_Growth_Since_2017_Launch\"><span class=\"toc_number toc_depth_2\">5.1<\/span> Sizable Growth Since 2017 Launch<\/a><\/li><li><a href=\"#DAI_Price_Prediction\"><span class=\"toc_number toc_depth_2\">5.2<\/span> DAI Price Prediction\u00a0<\/a><\/li><li><a href=\"#Risks_of_Buying_DAI\"><span class=\"toc_number toc_depth_2\">5.3<\/span> Risks of Buying DAI<\/a><\/li><\/ul><\/li><li><a href=\"#Best_DAI_Wallets\"><span class=\"toc_number toc_depth_1\">6<\/span> Best DAI Wallets<\/a><ul><li><a href=\"#Trust_WalletBest_DAI_Wallet_for_Convenience\"><span class=\"toc_number toc_depth_2\">6.1<\/span> Trust Wallet\u2014Best DAI Wallet for Convenience<\/a><\/li><li><a href=\"#Ledger_NanoBest_DAI_Wallet_for_Security\"><span class=\"toc_number toc_depth_2\">6.2<\/span> Ledger Nano\u2014Best DAI Wallet for Security<\/a><\/li><li><a href=\"#Coinomi_WalletBest_DAI_Wallet_for_Quality_Experience\"><span class=\"toc_number toc_depth_2\">6.3<\/span> Coinomi Wallet\u2014Best DAI Wallet for Quality Experience<\/a><\/li><\/ul><\/li><li><a href=\"#How_to_Buy_DAIBottom_Line\"><span class=\"toc_number toc_depth_1\">7<\/span> How to Buy DAI\u2014Bottom Line<\/a><\/li><li><a href=\"#Buy_DAI_Now_via_Pancakeswap\"><span class=\"toc_number toc_depth_1\">8<\/span> Buy DAI Now via Pancakeswap<\/a><\/li><li><a href=\"#FAQs\"><span class=\"toc_number toc_depth_1\">9<\/span> FAQs<\/a><\/li><li><a href=\"#How_much_is_DAI\"><span class=\"toc_number toc_depth_1\">10<\/span> How much is DAI?<\/a><\/li><li><a href=\"#Is_DAI_a_good_buy\"><span class=\"toc_number toc_depth_1\">11<\/span> Is DAI a good buy?<\/a><\/li><li><a href=\"#What_is_the_minimum_DAI_tokens_you_can_buy\"><span class=\"toc_number toc_depth_1\">12<\/span> What is the minimum DAI tokens you can buy?<\/a><\/li><li><a href=\"#What_is_the_DAI_all-time_high\"><span class=\"toc_number toc_depth_1\">13<\/span> What is the DAI all-time high?<\/a><\/li><li><a href=\"#How_do_you_buy_DAI_tokens_using_a_debit_card\"><span class=\"toc_number toc_depth_1\">14<\/span> How do you buy DAI tokens using a debit card?<\/a><\/li><li><a href=\"#How_many_DAI_tokens_are_there\"><span class=\"toc_number toc_depth_1\">15<\/span> How many DAI tokens are there?<\/a><\/li><\/ul><\/div>\n<h2><span id=\"How_to_Buy_DAIQuickfire_Walkthrough_to_Buy_DAI_Tokens_in_Less_Than_10_Minutes\"><b>How to Buy DAI\u2014Quickfire Walkthrough to Buy DAI Tokens in Less Than 10 Minutes<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The suitable way to buy DAI is through a decentralized exchange like Pancakeswap. Following this procedure means you do not have to go through a third-party to buy DAI.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The quick steps below will show you how to buy DAI tokens within 10 minutes.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Step 1: Download Trust Wallet: <\/b><span style=\"font-weight: 400;\">This app gives you the fastest way to access Pancakeswap. It is supported by Binance and can be downloaded on your iOS or Android device.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Step 2:<\/b> <b>Search for DAI: <\/b><span style=\"font-weight: 400;\">You can locate the box on the top-right side of the app. Type in \u2018DAI,\u2019 and click on the search icon to proceed.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Step 3:<\/b> <b>Add Funds to Trust Wallet: <\/b><span style=\"font-weight: 400;\">You need to deposit money into your account to proceed with buying DAI. You can do this by transferring digital tokens from an external wallet. Alternatively, you can use a debit\/credit card from within the app to purchase crypto.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Step 4:<\/b> <b>Connect to Pancakeswap: <\/b><span style=\"font-weight: 400;\">You\u2019ll find \u201cDApps&#8221;at the bottom of the app. Click on it, and after that, select \u2018Pancakeswap\u2019. Next, click on the \u2018Connect\u2019 icon.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Step 5:<\/b> <b>Buy DAI: <\/b><span style=\"font-weight: 400;\">Proceed by clicking on the \u2018Exchange\u2019 icon. You will see a drop-down box beneath the \u2018From\u2019 tab. Click on it and select the cryptocurrency with which you intend to exchange DAI. Beneath the \u2018To\u2019 tab, click on \u2018DAI\u2019 amongst other cryptocurrencies on the drop-down box. Lastly, input the number of DAI tokens you intend to buy and click on the \u2018Swap\u2019 button to validate your trade.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Upon completion, the DAI tokens you have purchased will reflect in your Trust Wallet. Until you decide to cash out, you can retain them there. Trust Wallet will allow you to withdraw your tokens should you wish to.\u00a0<\/span><\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/deficoins.io\/buy-token\" class=\"su-button su-button-style-3d\" style=\"color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px\" target=\"_self\"><span style=\"color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none\"> Buy DAI Now<\/span><\/a><\/div>\n<p><i>Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.\u00a0<\/i><\/p>\n<h2><span id=\"How_to_Buy_DAI_OnlineFull_Step-by-Step_Walkthrough\"><b>How to Buy DAI Online\u2014Full Step-by-Step Walkthrough<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you are new to how cryptocurrency exchanges work, you might find the above quick guide a bit daunting. By implication, the quickfire walkthrough might not be comprehensive enough if you\u2019re buying DAI through Pancakeswap for the first time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Not to worry, the steps below will offer you a thorough understanding on how to buy DAI.\u00a0<\/span><\/p>\n<h3><span id=\"Step_1_Get_the_Trust_Wallet\"><b>Step 1: Get the Trust Wallet<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Trust Wallet is the best option for newbies to store cryptocurrency, as well as experienced traders. As stated earlier, Trust Wallet is supported by Binance and in use by millions of cryptocurrency investors.\u00a0 <\/span><span style=\"font-weight: 400;\">To access the Trust Wallet, download the app via Google Play or the Apple Store. <\/span><\/p>\n<p><img  decoding=\"async\" class=\"aligncenter wp-image-990 size-full\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-05-06.13.08.png\" alt=\"\" width=\"975\" height=\"508\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-05-06.13.08.png 975w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-05-06.13.08-300x156.png 300w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-05-06.13.08-768x400.png 768w\" sizes=\"(max-width: 975px) 100vw, 975px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Once you install it, set up your account immediately. You will be required to supply the necessary details that will become your login credentials. It is best to create a strong, yet memorable PIN to prevent your account from being hacked.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019ll also be required to note down a 12-word passphrase to keep your access intact in case you forget your login credentials.<\/span><\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/deficoins.io\/buy-token\" class=\"su-button su-button-style-3d\" style=\"color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px\" target=\"_self\"><span style=\"color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none\"> Buy DAI Now<\/span><\/a><\/div>\n<p><i>Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.<\/i><\/p>\n<h3><span id=\"Step_2_Fund_Your_Trust_Wallet\"><b>Step 2: Fund Your Trust Wallet\u00a0<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">After completing the initial setup process, you will be required to fund your Trust Wallet. This will allow you to buy DAI with ease. There are two options to fund your Trust Wallet:<\/span><\/p>\n<h3><span id=\"Transfer_Crypto_from_an_External_Wallet\"><b>Transfer Crypto from an External Wallet<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If you have digital currency tokens in another wallet, you can initiate a transfer into your Trust Wallet.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To transfer, click on the \u2018Receive\u2019 button and choose the cryptocurrency you want to use.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Next, the unique wallet address for the specific token will be shown to you.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Copy the unique wallet address and move to your external wallet.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Paste the copied address, choose the number of coins you want to transfer, and confirm your transaction.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In about 10-20 minutes, the coins should appear in your Trust Wallet.\u00a0<\/span><\/p>\n<h3><span id=\"Add_Funds_With_a_DebitCredit_Card\"><b>Add Funds With a Debit\/Credit Card\u00a0<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">It might be the case that you do not have any cryptocurrency at hand if you are just learning how to buy DAI for the first time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You do not have to worry about that because Trust Wallet will let you add funds to your account through a debit\/credit card.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To add funds through your debit\/credit card, click on the \u2018Buy\u2019 button which is right at the top of the Trust Wallet app.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You will be given a list of coins that can be purchased with your debit\/credit card.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The best coin to go with is Binance Coin (BNB). You can also go for Bitcoin or Ethereum.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Because you\u2019re using fiat money (government-issued currency) to purchase crypto, you will be required to undergo a quick KYC (Know Your Customer) process.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The KYC process will need you to supply your personal information and send a copy of your government-issued ID.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The next thing to do is to type in your debit\/credit card details, the amount of crypto you intend on buying and proceed with the transaction.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Once completed, the coins should appear in your Trust Wallet immediately\u00a0<\/span><\/p>\n<h3><span id=\"Step_3_How_to_Buy_DAI_via_Pancakeswap\"><b>Step 3: How to Buy DAI via Pancakeswap<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">On getting to this stage, you should have digital tokens in your Trust Wallet already. Now, you can go ahead to buy DAI by finishing a direct swap.\u00a0<\/span><\/p>\n<p><img  decoding=\"async\" class=\"aligncenter wp-image-1032 size-full\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-07-14.23.05.png\" alt=\"\" width=\"485\" height=\"540\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-07-14.23.05.png 485w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-07-14.23.05-269x300.png 269w\" sizes=\"(max-width: 485px) 100vw, 485px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">First, you have to click on the \u2018DEX\u2019 button and make sure the \u2018Swap\u2019 tab is chosen.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Next is the \u2018You Pay\u2019 tab where you will choose the digital currency you intend to use to pay for your DAI tokens.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Note that the digital currency to choose will be the one you transferred in or purchased with your debit\/credit card in Step 2.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Also, you will need to select the number of coins to be swapped into DAI.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Beside the \u2018You Get\u2019 button, select DAI from the displayed list.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The number of tokens you input under the \u2018You Pay\u2019 tab will determine how many DAI tokens you get. Lastly, click the \u2018Swap\u2019 button to purchase DAI.\u00a0<\/span><\/p>\n<h3><span id=\"Step_4_How_to_Sell_DAI\"><b>Step 4: How to Sell DAI<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">As with many investors, your primary aim for buying DAI is to realize financial gain. So, sometime in the future, you will want to sell your DAI tokens.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To do this, there are two alternatives up for consideration. The one you choose will depend on what your final action plan is.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">For instance, if you plan to sell DAI into a different virtual currency, you can again use Pancakeswap to facilitate the process.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">This process is merely a reverse of the purchase procedure, so it\u2019s essentially the same thing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To learn how to sell DAI into fiat money, you will need to make use of a third-party exchange.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">To get this done, you might think about making use of the main Binance platform. To do this, transfer the coins into Binance and trade them into fiat currency. Then, you can proceed to request a withdrawal via bank account.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, note that you will be required to undergo a KYC process with Binance to withdraw your money. This is owing to existing anti-money laundering regulations.\u00a0<\/span><\/p>\n<h2><span id=\"Where_to_Buy_DAI_Online\"><b>Where to Buy DAI Online<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Decentralized Finance (DeFi) is a fast growing industry. Being a decentralized stable coin, DAI remains vital to the DeFi architecture. So, you can expect that there are numerous options when it comes to buying DAI.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Irrespective, as we have explained earlier, Pancakeswap is arguably the best platform for buying DAI.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here\u2019s why:<\/span><\/p>\n<h3><span id=\"Pancakeswap_Buy_DAI_With_a_Decentralized_Exchange\"><b>Pancakeswap \u2014 Buy DAI With a Decentralized Exchange<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\"><img  decoding=\"async\" class=\"size-medium wp-image-998 alignright\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-300x46.png\" alt=\"\" width=\"300\" height=\"46\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-300x46.png 300w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-1024x158.png 1024w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-768x119.png 768w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-1536x238.png 1536w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-2048x317.png 2048w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of the benefits of using Pancakeswap is its offering of decentralized exchange services. In short, you can purchase DAI without going through a centralized body. All you need to do is to swap the digital currency of your choice into DAI tokens and you\u2019re good to go.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To get started, you first have to get a cryptocurrency wallet that works with the Pancakeswap network. There are diverse available options but Trust Wallet is the best. Some of the other options include TokenPocket, Metamask, SafePay Wallet and MathWallet.<\/span><\/p>\n<p><img  decoding=\"async\" class=\"aligncenter wp-image-999 size-full\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-05-07.11.14.png\" alt=\"\" width=\"1338\" height=\"605\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-05-07.11.14.png 1338w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-05-07.11.14-300x136.png 300w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-05-07.11.14-1024x463.png 1024w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-05-07.11.14-768x347.png 768w\" sizes=\"(max-width: 1338px) 100vw, 1338px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">After connecting to the wallet of your choice, you can add funds to purchase DAI. The quickest way is to transfer digital coins from another wallet. Another way is to use your debit\/credit card\u2014that is if you chose Trust Wallet\u2014which gives you the chance to buy a cryptocurrency with fiat money and swap into Pancakeswap.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Note that when you use a debit\/credit card, you will be required to upload a copy of your government-issued ID. Asides DAI, Pancakeswap supports a number of other digital tokens. They include Bitcoin, Ethereum, Chainlink, and other DeFi coin.\u00a0<\/span><span style=\"font-weight: 400;\">Another notable fact about Pancakeswap is that you can earn interest if your digital tokens are idle. This is because having your tokens with the exchange provides it with liquidity, making you eligible for staking rewards.\u00a0<\/span><\/p>\n<p><b>Pros:<\/b><br \/>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Exchange digital currencies in a decentralized manner<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> No requirement to use a third party when buying and selling cryptocurrency<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Supports a sizable number of digital tokens<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Allows you to earn interest on your idle crypto funds<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Sufficient levels of liquidity &#8211; even on smaller tokens<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Prediction and lottery games<div class=\"su-list\" style=\"margin-left:0px\"><\/div><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><\/div><\/span><br \/>\n<b>Cons:<\/b><br \/>\n<span style=\"font-weight: 400;\"><div class=\"su-list\" style=\"margin-left:0px\"><\/span><\/p>\n<ul>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Might appear daunting at first glance for newbies<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Does not support fiat payments directly<\/li>\n<\/ul>\n<\/div>\n<div class=\"su-button-center\"><a href=\"https:\/\/deficoins.io\/buy-token\" class=\"su-button su-button-style-3d\" style=\"color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px\" target=\"_self\"><span style=\"color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none\"> Buy DAI Now<\/span><\/a><\/div>\n<p><i>Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.\u00a0<\/i><\/p>\n<h2><span id=\"Ways_to_Buy_DAI\"><b>Ways to Buy DAI?<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There are a number of ways to buy DAI. The method you choose depends on a few factors. These include your desired payment method, and whether you prefer a centralized or decentralized exchange.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For clarity, below we talk about the best ways to buy DAI in 2021.<\/span><\/p>\n<h3><span id=\"Buy_DAI_With_DebitCredit_Card\"><b>Buy DAI With Debit\/Credit Card\u00a0<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If you\u2019re using a debit card to buy DAI, you will first have to get a cryptocurrency in high demand like Bitcoin or Ethereum. Once received, you then have to swap the cryptocurrency into DAI through the Pancakeswap DEX.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Depending on your choice, you can purchase cryptocurrency through Trust Wallet with a debit\/credit card directly.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">After completing the purchase, you can proceed to link your Trust Wallet to Pancakeswap.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Then, all you need to do is swap the cryptocurrency bought with your debit\/credit card into DAI.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Do note, regardless of the platform you use in purchasing DAI, you will have to undergo a KYC process. As stated earlier, what this means is that you will need to upload a copy of your government-issued ID. The implication is that you will not be in a position to purchase DAI anonymously.\u00a0<\/span><\/p>\n<h3><span id=\"Buy_DAI_with_Crypto\"><b>Buy DAI with Crypto<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If you have crypto already, you can simply swap it into DAI through the Pancakeswap DEX. This way, you do not need to go through a KYC process.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, you need to link Pancakeswap to a supported wallet. Again, Trust Wallet is arguably the best choice here. You can transfer your desired cryptocurrency into your Trust Wallet, link to the Pancakeswap DEX, and finalize the swap.\u00a0<\/span><\/p>\n<h2><span id=\"Should_I_Buy_DAI\"><b>Should I Buy DAI?<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">At this point, if you have some reservations about buying DAI, this is a good thing. In such instances, it is best for you to take a look at the market and perform some research. This will allow you to check through the pros and cons of DAI, and consequently make an informed decision.\u00a0<\/span><\/p>\n<p><img  decoding=\"async\" class=\"aligncenter wp-image-1034 size-full\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-07-14.27.14.png\" alt=\"\" width=\"1283\" height=\"330\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-07-14.27.14.png 1283w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-07-14.27.14-300x77.png 300w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-07-14.27.14-1024x263.png 1024w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-07-14.27.14-768x198.png 768w\" sizes=\"(max-width: 1283px) 100vw, 1283px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">To help you through, here are some of the factors to put into consideration when thinking of how to buy DAI.\u00a0<\/span><\/p>\n<h3><span id=\"Sizable_Growth_Since_2017_Launch\"><b>Sizable Growth Since 2017 Launch<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">As of today - 6th July 2021, DAI is ranked number 23 in terms of market capitalization. It was introduced in 2017 and has a circulating supply of over 5 billion DAI. It is also one of the top interest-paying tokens.\u00a0<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">In 2020, resulting from the exceptional market volatility since the pandemic began; DAI had a deflationary deleveraging twist that meant it had to be exchanged for about $1.11 before it eventually went back to its $1.00.\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">DAI has mostly been around the $1.00 market price since launch. <\/span><\/li>\n<li><span style=\"font-weight: 400;\">But it did reach an all-time high of $1.14 on 18th September 2020. <\/span><\/li>\n<li><span style=\"font-weight: 400;\">This means those who had bought it at $1 would have enjoyed a 14% increase. <\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Currently, its valuation is at over $5 billion, and its market dominance as of the time of writing is at 0.38%.\u00a0<\/span><\/p>\n<h3><span id=\"DAI_Price_Prediction\"><b>DAI Price Prediction\u00a0<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">As with other digital currencies, DAI is quite unpredictable. This implies that the value of your DAI investment depends on market speculation and Fear of Missing out (FOMO). With this, it is difficult to make a DAI price prediction.<\/span><\/p>\n<p><img  decoding=\"async\" class=\"aligncenter wp-image-1033 size-full\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-07-14.25.50.png\" alt=\"\" width=\"900\" height=\"540\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-07-14.25.50.png 900w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-07-14.25.50-300x180.png 300w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-07-14.25.50-768x461.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Most definitely, you will come across many so-called experts online making wild assertions concerning the price of DAI. What you need to know is that these assertions rarely have the backing of tangible data. Essentially, regard opinions of price predictions with extreme caution.<\/span><\/p>\n<h3><span id=\"Risks_of_Buying_DAI\"><b>Risks of Buying DAI<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">There is no cryptocurrency investment without risks. You have to carefully consider the risks involved before you go ahead and buy DAI. The major risk is that the value of DAI tokens drops in the open marketplace. If this happens and you decide to withdraw, you will be getting less back than you invested.\u00a0\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is very crucial to think about taking a prudent approach to DAI by keeping your stakes moderate.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You might consider taking a dollar-cost averaging strategy that ensures you buy DAI in little but consistent amounts.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You can also diversify your DAI investment by purchasing other Defi coin.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Above all, ensure you perform significant personal research before buying DAI.<\/span><\/p>\n<h2><span id=\"Best_DAI_Wallets\"><b>Best DAI Wallets<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">After obtaining DAI tokens, you have to consider how to keep your digital assets secure and safe. To get this done, you need to choose a suitable wallet for that purpose.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also, as mentioned earlier, DAI stablecoin is a top interest-paying token which is why you need to ensure your tokens are kept safe.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Below are a set of the best DAI wallets currently in the market.\u00a0<\/span><\/p>\n<h3><span id=\"Trust_WalletBest_DAI_Wallet_for_Convenience\"><b>Trust Wallet\u2014Best DAI Wallet for Convenience<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">With Trust Wallet, you can store numerous digital assets on diverse chains securely\u2014including DAI.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, if you want to deposit your DAI in a lending treaty or station them in liquidity pools, you are just a click away with Trust Wallet. Likewise, you can link your Trust Wallet to the Pancakeswap DEX for low-cost operation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Backed up by Binance, it can be downloaded on your iOS and Android device for free. Also, its convenience for buying DAI is unmatched.\u00a0<\/span><\/p>\n<h3><span id=\"Ledger_NanoBest_DAI_Wallet_for_Security\"><b>Ledger Nano\u2014Best DAI Wallet for Security<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To ensure long-term security of your DAI, Ledger Nano is your best choice. This wallet is credible because it remains offline at all times and you have to physically enter your pin on the device to transfer funds. It is the best option if you\u2019re buying a large number of DAI tokens.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the wallet is misplaced, stolen or damaged, your DAI token can be gotten back remotely.\u00a0<\/span><\/p>\n<h3><span id=\"Coinomi_WalletBest_DAI_Wallet_for_Quality_Experience\"><b>Coinomi Wallet\u2014Best DAI Wallet for Quality Experience<\/b><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Coinomi is a non-custodial HD wallet that has incorporated exchanges which enable you to swap DAI tokens into a different cryptocurrency of your choice.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The wallet comes with different features that make it a worthy experience for users.\u00a0<\/span><\/p>\n<h2><span id=\"How_to_Buy_DAIBottom_Line\"><b>How to Buy DAI\u2014Bottom Line<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">This enlightening guide has outlined out the step-by-step approach to buying DAI from within your comfort zone. Finally, we emphasize that the best way to do so is to use a decentralized exchange like Pancakeswap.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That way, you will be able to buy DAI tokens without using a centralized intermediary. Additionally, you will be able to run through the entire DAI purchase process in just a few minutes.\u00a0<\/span><\/p>\n<h2 style=\"text-align: center;\"><span id=\"Buy_DAI_Now_via_Pancakeswap\">Buy DAI Now via Pancakeswap<\/span><\/h2><p><span style=\"font-weight: 400;\"><img  decoding=\"async\" class=\"size-medium wp-image-998 aligncenter\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-300x46.png\" alt=\"\" width=\"300\" height=\"46\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-300x46.png 300w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-1024x158.png 1024w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-768x119.png 768w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-1536x238.png 1536w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-2048x317.png 2048w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/span><\/p><div class=\"su-button-center\"><a href=\"https:\/\/deficoins.io\/buy-token\" class=\"su-button su-button-style-3d\" style=\"color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px\" target=\"_self\"><span style=\"color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none\"> Buy DAI Now<\/span><\/a><\/div>\n<p><i>Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.<\/i><\/p><h2><span id=\"FAQs\"><b>FAQs<\/b><\/span><\/h2>\n\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"How_much_is_DAI\">How much is DAI?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tThe value of DAI differs throughout the day, just like any other digital token. As at 6th of July 2021, the price of DAI is at $1 per token.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"Is_DAI_a_good_buy\">Is DAI a good buy?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tDAI is one of the prominent stablecoins in the DeFi coin arena. It was built to be utilized as a global means of exchange to encourage economic liberty and a window of opportunities around the world. However, as is the case with other digital tokens, there are bullish and bearish moments. Therefore, it is best to consider the risks before buying.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"What_is_the_minimum_DAI_tokens_you_can_buy\">What is the minimum DAI tokens you can buy?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tSince DAI is a digital asset with millions of tokens in circulation, you can buy as little or as much as you want. For instance, as DAI is priced at $1, you can invest as low as $20 and as high as $1, 000. For $20 worth, you\u2019ll get 20 tokens. For $1,000 worth, you\u2019ll get 1,000 tokens in your portfolio..\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"What_is_the_DAI_all-time_high\">What is the DAI all-time high?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tOn September 18, 2020, DAI reached an all-time high of $1.14.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"How_do_you_buy_DAI_tokens_using_a_debit_card\">How do you buy DAI tokens using a debit card?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tWe would actually suggest purchasing DAI through a DEX such as Pancakeswap. If, however, you do not have any crypto assets to hand, you can purchase some through Trust Wallet using a debit\/credit card. After purchasing, connect with Pancakeswap, and proceed to buy DAI.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"How_many_DAI_tokens_are_there\">How many DAI tokens are there?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tAs of July 2021, DAI has a circulating supply of over 5 billion tokens and there\u2019s no cap on the maximum supply. The rate at which DAI is supplied is dynamic and influenced by the available collateral size.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\n<script type=\"application\/ld+json\">\n\t{\n\t\t\"@context\": \"https:\/\/schema.org\",\n\t\t\"@type\": \"FAQPage\",\n\t\t\"mainEntity\": [\n\t\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How much is DAI?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"The value of DAI differs throughout the day, just like any other digital token. As at 6th of July 2021, the price of DAI is at $1 per token.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Is DAI a good buy?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"DAI is one of the prominent stablecoins in the DeFi coin arena. It was built to be utilized as a global means of exchange to encourage economic liberty and a window of opportunities around the world. However, as is the case with other digital tokens, there are bullish and bearish moments. Therefore, it is best to consider the risks before buying.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What is the minimum DAI tokens you can buy?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Since DAI is a digital asset with millions of tokens in circulation, you can buy as little or as much as you want. For instance, as DAI is priced at $1, you can invest as low as $20 and as high as $1, 000. For $20 worth, you\u2019ll get 20 tokens. For $1,000 worth, you\u2019ll get 1,000 tokens in your portfolio..\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What is the DAI all-time high?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"On September 18, 2020, DAI reached an all-time high of $1.14.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How do you buy DAI tokens using a debit card?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"We would actually suggest purchasing DAI through a DEX such as Pancakeswap. If, however, you do not have any crypto assets to hand, you can purchase some through Trust Wallet using a debit\/credit card. After purchasing, connect with Pancakeswap, and proceed to buy DAI.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How many DAI tokens are there?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"As of July 2021, DAI has a circulating supply of over 5 billion tokens and there\u2019s no cap on the maximum supply. The rate at which DAI is supplied is dynamic and influenced by the available collateral size.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t\t\t\t]\n\t}\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>DAI is a decentralized stablecoin that strives to sustain its value in correlation with the US dollar. Developed by a Decentralized Autonomous Organization, it was built to serve as a global means of exchange to encourage economic liberty and a window of cryptocurrency opportunities around the world.\u00a0 Maker provides a smart contract platform on Ethereum that operates to ensure DAI\u2019s stability by leveraging Collateralized Debt Positions (CDPs). In this guide, we will walk you through the process of how to buy DAI conveniently and safely.\u00a0 Contents1 How to Buy DAI\u2014Quickfire Walkthrough to Buy DAI Tokens in Less Than 10 Minutes2 <\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Buy DAI Token Full Guide | Buy DAI Tokens Now!<\/title>\n<meta name=\"description\" content=\"Looking to buy DAI tokens from the comfort of your home? 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