Manage Your DAI Holdings with Arctic Wallet
Hold, track, and buy DAI securely with Arctic Wallet—the premier non-custodial crypto wallet for managing your DAI assets. Available across desktop and mobile devices, Arctic provides a seamless experience for all your DAI transactions.
Current DAI Balance
DAI (DAI)
427.284197 DAI ($427.31)
Exchange DAI Without Hassle
Swap DAI quickly and effortlessly using Arctic's in-app exchange feature:
- Navigate to the Exchange tab and select DAI as the currency to send.
- Choose the crypto asset you wish to receive.
- Select either a Best Rate or Fixed Rate option.
- Click "Exchange" to complete the transaction.
Example Exchange Rate:
1 USDT = 0.99993961 DAI
Buy and Sell DAI with a Bank Card
Easily purchase or cash out DAI using your debit or credit card:
- Select DAI for buying or selling.
- Choose your card's fiat currency.
- Enter card details securely.
- Receive DAI in your wallet or fiat in your bank account.
Example Conversion:
1 DAI = 1.00 USD
DAI Price Overview
Current Price: $1.001 DAI
24H Change: 0.02%
Circulating Supply: $3.61B
Market Cap: $3.61B
24H Volume: $42,161,970.73
What Is DAI?
DAI is a decentralized stablecoin pegged to the US Dollar, developed by MakerDAO on the Ethereum blockchain. Unlike traditional stablecoins, DAI maintains its value through smart contracts and algorithmic adjustments, eliminating the need for centralized backing.
Key Features of DAI:
- Decentralized & Trustless: No reliance on banks or governments.
- Stable Value: Pegged 1:1 to the US Dollar via MakerDAO's collateralized debt positions (CDPs).
- Highly Liquid: Ranked among the top stablecoins by market cap and trading volume.
👉 Learn more about DAI's advantages
Frequently Asked Questions (FAQs)
1. How Secure Is Arctic Wallet for Storing DAI?
Arctic Wallet is a non-custodial solution, meaning you retain full control of your private keys. All transactions are encrypted and require user authorization.
2. Can I Earn Interest on DAI in Arctic Wallet?
While Arctic currently focuses on storage and exchange, you can transfer DAI to DeFi platforms like MakerDAO or Compound to earn yield.
3. What Fees Apply When Exchanging DAI?
Arctic Wallet offers competitive rates with transparent fees. The exact cost depends on network conditions and the chosen exchange rate (Best or Fixed).
4. Is DAI Really Decentralized?
Yes! DAI’s stability is maintained through Ethereum smart contracts and overcollateralization, avoiding centralized reserves.
5. Which Cards Support DAI Purchases?
Most Visa and Mastercard debit/credit cards are compatible. Some regional restrictions may apply.
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