Buy Maker Dai (DAI) in Australia - CoinJar
buy Maker Dai (DAI)

Maker Dai price chart

The reference rate shown below is indicative only. Actual buy/sell rates depend on market liquidity and fees at the time of quotation. This Maker Dai price chart tracks the price of Maker Dai against AUD over time. Learn more

What is Maker Dai

Dai is collateral-backed money whose value is entirely stored on the Ethereum blockchain. Dai keeps its value stable through a framework of aligned financial incentives, a basket of ERC-20 tokens, that have been staked by their owners.

The Dai is governed by MakerDAO (a decentralised autonomous organisation) and uses the The Maker Protocol (Multi-Collateral Dai (MCD) system), that through Ethereum smart contracts is able to lock away ERC-20 tokens and replace them with an equivalent amount of Dai, thus providing the collateral debt position (CDP). Dai functions in a similar way to other cryptocurrencies, meaning it can be sent to others, used as payments for goods and services, be held as a hedge against market volatility, and much more.

Maker Dai price calculator

You can buy Maker Dai using Australian dollar (AUD). Use the price calculator below for more information.

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CoinJar Exchange is the fastest digital currency exchange in Australia, supporting high-frequency execution for traders of all levels. Our OTC trading desk is also available for larger trades needing privacy and flexible settlement.
  • Data insights
    Powerful data features include live orderbook, market depth and price charts.
  • Low fees
    Taker fees from 0.10% and maker fees as low as 0%.
  • Multiple markets
  • Safe, secure & trusted
    We store at least 90% of digital funds in an offline, wallet backed by high-level encryption.
  • Auction windows
    Take advantage of the three daily auction windows to get a fairer price.
  • Trading desk (OTC)
    For orders above $50,000 with competitive rates and flexible settlement. Learn more.

How to buy Maker Dai with CoinJar

Start your digital currency portfolio with CoinJar by following these simple steps.
Create account

Open your account and verify your identity

Deposit funds

Deposit AUD into your CoinJar via credit/debit card, PayID, BPAY® or Blueshyft

Start buying & selling

You're done! Now you're all set to buy and sell digital currency!

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