Sell Dai (DAI) Australia
on Australia's most trusted exchange
Already have an account? Log on to instantly sell Dai
Sell Dai in minutes
- 01Create and verify your account
- 02Deposit Dai to your Independent Reserve wallet
- 03Click ‘Trade’ in the navigation menu and make sure ‘DAI’ is selected in the dropdown.
- 04Enter the Dai amount you would like to sell.
- 05Preview your sell order and then confirm your Dai sell order.
Ways to sell Dai
Market SellPlace an order to sell Dai at current Market Price. These orders are executed immediately.
Limit SellPlace an order to sell Dai at no less than the price you specify. These orders will not be executed until the market price rises to the price you specified.
OTC SellSell large quantities of Dai through our VIP over-the-counter service desk.
Start selling today
Create accountRegister now, quickly and easily with FastTrack to start trading sooner.
Deposit fundsDeposit funds using EFT and SWIFT. Instant deposits with POLi or PayID/Osko. AUD, USD and NZD accepted.
Start tradingYou can be trading in 5 minutes, with FastTrack and instant deposits.
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.
You can buy, sell and trade Dai (DAI) in AUD, USD and NZD with Singapore’s most trusted cryptocurrency exchange now.
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Singapore’s best Dai exchange
As someone who has integrated to over 20 crypto exchanges via their APIs, I can say Independent Reserve has the best API documentation by far.
Their customer support is also excellent which is something most exchanges sadly lack these days.
I organise and host blockchain meetups and conferences and am always hearing very positive things when it comes to Independent Reserve which is why I always recommend them.
They are by far the most trusted exchange in Australia for consumer trading as well as institutional investment, and offer a great 'open order book' unlike most other Australia exchanges.
I find Independent Reserve to be one of the easiest, smoothest cryptocurrency exchanges that I use.
The client onboarding process was simple, it is easy to deposit funds and I particularly like the transparency of market depth and speed of execution.