-
Bitcoin
$96,512.3819
1.42% -
Ethereum
$1,822.5851
0.22% -
Tether USDt
$1.0002
0.01% -
XRP
$2.2107
0.10% -
BNB
$597.6096
-0.64% -
Solana
$149.3062
-1.02% -
USDC
$0.9999
-0.03% -
Dogecoin
$0.1802
2.27% -
Cardano
$0.7032
0.98% -
TRON
$0.2455
-1.25% -
Sui
$3.4569
-1.25% -
Chainlink
$14.6780
-1.13% -
Avalanche
$21.2976
-0.17% -
Stellar
$0.2753
0.69% -
UNUS SED LEO
$8.9585
0.10% -
Toncoin
$3.2028
1.56% -
Shiba Inu
$0.0...01345
0.57% -
Hedera
$0.1874
1.91% -
Bitcoin Cash
$372.6966
1.98% -
Hyperliquid
$20.2612
1.39% -
Litecoin
$88.5890
3.65% -
Polkadot
$4.2170
1.91% -
Dai
$1.0000
0.00% -
Monero
$278.6281
0.76% -
Bitget Token
$4.3876
0.69% -
Ethena USDe
$1.0006
0.05% -
Pi
$0.5947
-2.82% -
Pepe
$0.0...08716
-1.90% -
Aptos
$5.5097
1.70% -
Uniswap
$5.3003
0.18%
How to buy Dai on mobile phones? Nanny-level entry guide to buying Dai on exchange APP
Follow this step-by-step guide to effortlessly purchase Dai (DAI) on mobile phones via reputable exchanges like Binance, Coinbase, or Crypto.com.
Oct 03, 2024 at 06:30 am

Step-by-Step Guide to Purchasing Dai on Mobile Phones
1. Download a Supported Exchange App
- Binance: World's largest cryptocurrency exchange
- Coinbase: User-friendly exchange with beginner-oriented features
- Crypto.com: Well-rounded exchange offering a variety of digital assets
2. Create an Account and Verify Your Identity
- Provide personal information such as name, address, and email
- Upload a government-issued ID for KYC (Know Your Customer) compliance
3. Fund Your Account
- Send cryptocurrency from an external wallet or use a debit/credit card
4. Locate the Dai (DAI) Market
- In the exchange app, search for "DAI" or "DAI/USD"
5. Place a Buy Order
- Enter the amount of Dai you wish to purchase
- Select a market or limit order type
- Review the order details and confirm
6. Complete the Transaction
- Confirm the final DAI price and fees
- Your Dai will be credited to your exchange wallet after the transaction is processed
7. Withdraw Your Dai (Optional)
- If desired, you can withdraw your Dai to an external wallet
- Select "Withdraw" from your account dashboard and follow the instructions
Tips:
- Consider fees and exchange rates when choosing an exchange
- Use a secure password and enable two-factor authentication (2FA)
- Store your Dai in a reputable digital wallet for enhanced security
- Monitor market trends to make informed trading decisions
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- The Movement Labs Whirlwind Intensifies, Causing Notable Losses for MOVE Token Holders
- 2025-05-02 16:35:12
- The Filecoin F3 Upgrade, Has Been Activated on the Filecoin Mainnet and Propelled the Network Forward
- 2025-05-02 16:35:12
- What Will Be Ripple's Next Move After Circle Deal Failure?
- 2025-05-02 16:30:12
- Movement Labs Suspends Co-founder Rushi Manche Over Market-Making Scandal
- 2025-05-02 16:30:12
- Pudgy Penguins [PENGU] has rallied by 137% in a fortnight, flipping its market structure decisively bullish in the process.
- 2025-05-02 16:25:12
- TRUMP Token Surges 85% as It Promises a Dinner with the Former President
- 2025-05-02 16:25:12
Related knowledge

Is USDC suitable for daily consumption and payment
Mar 14,2025 at 11:31pm
Key Points:USDC's suitability for daily consumption hinges on its acceptance by merchants and its transaction fees.Volatility is a major consideration; while USDC aims for a 1:1 USD peg, fluctuations can occur.Transaction speeds and fees compared to traditional payment methods are crucial factors.Security and regulatory compliance of USDC and associated...

What are the future development trends and prospects of USDC
Mar 14,2025 at 08:06pm
Key Points:Regulatory Clarity: Increased regulatory scrutiny and potential for clearer guidelines will significantly impact USDC's future.Competition: The rise of other stablecoins and the development of decentralized alternatives pose a competitive threat.Adoption and Integration: Wider adoption by businesses and integration into DeFi protocols will be...

What is the competitive position of USDC in the stablecoin market
Mar 10,2025 at 12:42pm
Key Points:USDC's market dominance stems from its strong regulatory compliance and backing by Coinbase and Circle.Competition comes from other large-cap stablecoins like Tether (USDT) and Binance USD (BUSD), each with its own strengths and weaknesses.Algorithmic stablecoins pose a different type of threat, though their inherent volatility remains a majo...

Does USDC support smart contract functions
Mar 12,2025 at 09:55am
Key Points:USDC, unlike some other stablecoins, does not directly support smart contract functionality on all networks.Its functionality varies depending on the blockchain it's deployed on.Ethereum-based USDC does have smart contract capabilities, while others may not.Understanding the specific blockchain is crucial to determine USDC's smart contract co...

Is USDC suitable for long-term holding
Mar 16,2025 at 05:20pm
Key Points:USDC's stability is tied to the US dollar, making it less volatile than other cryptocurrencies. However, this stability is dependent on the issuer's solvency and regulatory environment.Long-term holding of USDC involves considerations beyond simple price appreciation, such as potential regulatory changes and the risks associated with centrali...

Does USDC support multi-chain issuance and what blockchains are supported
Mar 10,2025 at 01:40pm
Key Points:USDC, unlike some other stablecoins, does support multi-chain issuance.This means USDC tokens can exist and be used on multiple different blockchain networks.The specific blockchains supported by USDC are constantly evolving, so checking the official Circle website is crucial for the most up-to-date information.Understanding the implications ...

Is USDC suitable for daily consumption and payment
Mar 14,2025 at 11:31pm
Key Points:USDC's suitability for daily consumption hinges on its acceptance by merchants and its transaction fees.Volatility is a major consideration; while USDC aims for a 1:1 USD peg, fluctuations can occur.Transaction speeds and fees compared to traditional payment methods are crucial factors.Security and regulatory compliance of USDC and associated...

What are the future development trends and prospects of USDC
Mar 14,2025 at 08:06pm
Key Points:Regulatory Clarity: Increased regulatory scrutiny and potential for clearer guidelines will significantly impact USDC's future.Competition: The rise of other stablecoins and the development of decentralized alternatives pose a competitive threat.Adoption and Integration: Wider adoption by businesses and integration into DeFi protocols will be...

What is the competitive position of USDC in the stablecoin market
Mar 10,2025 at 12:42pm
Key Points:USDC's market dominance stems from its strong regulatory compliance and backing by Coinbase and Circle.Competition comes from other large-cap stablecoins like Tether (USDT) and Binance USD (BUSD), each with its own strengths and weaknesses.Algorithmic stablecoins pose a different type of threat, though their inherent volatility remains a majo...

Does USDC support smart contract functions
Mar 12,2025 at 09:55am
Key Points:USDC, unlike some other stablecoins, does not directly support smart contract functionality on all networks.Its functionality varies depending on the blockchain it's deployed on.Ethereum-based USDC does have smart contract capabilities, while others may not.Understanding the specific blockchain is crucial to determine USDC's smart contract co...

Is USDC suitable for long-term holding
Mar 16,2025 at 05:20pm
Key Points:USDC's stability is tied to the US dollar, making it less volatile than other cryptocurrencies. However, this stability is dependent on the issuer's solvency and regulatory environment.Long-term holding of USDC involves considerations beyond simple price appreciation, such as potential regulatory changes and the risks associated with centrali...

Does USDC support multi-chain issuance and what blockchains are supported
Mar 10,2025 at 01:40pm
Key Points:USDC, unlike some other stablecoins, does support multi-chain issuance.This means USDC tokens can exist and be used on multiple different blockchain networks.The specific blockchains supported by USDC are constantly evolving, so checking the official Circle website is crucial for the most up-to-date information.Understanding the implications ...
See all articles
