Dai Dai DAI ☆ Watch

R16.27
$0.9999
24h: +0.00%   7d: +0.00%
Buy DAI
75-day price trend
Market cap
R74.66B
$4.59B
24h volume
R3.22B
$197.92M
Circulating supply
4,588,907,747 DAI
Category
Stablecoin
DAI → ZAR
1 DAI = R16.27 0.5 DAI = R8.1345 0.1 DAI = R1.6269

About Dai

Dai (DAI) is a decentralised stablecoin that aims to hold a steady value of one US dollar, but unlike Tether or USDC it is not backed by a company holding cash reserves. Instead it is created by the MakerDAO/Sky protocol and backed by crypto and other assets locked in smart contracts, with mechanisms that keep its price near a dollar. This makes Dai a 'digital dollar' native to decentralised finance, widely used for lending, borrowing and trading. Its risks are technical and tied to its collateral and the protocol behind it. For South Africans it carries US-dollar exchange-rate exposure.

How to buy Dai in South Africa

Buy DAI with rands on a FICA-registered local exchange. Our partner VALR lets you sign up, verify, deposit rands and buy in minutes.

Buy DAI

Compare crypto exchanges in South Africa

Fees, supported coins, rand deposits and security vary a lot between platforms. Compare FICA-registered South African exchanges before you buy DAI.

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⚠️ Crypto is highly volatile and you can lose your capital. Only invest what you can afford to lose — this is general information, not financial advice.

Frequently asked questions

How do I buy Dai in South Africa?

You can buy DAI on a registered South African crypto exchange such as VALR — sign up, complete FICA verification, deposit rands, and place a buy order. Crypto is volatile and high-risk, so only invest what you can afford to lose.

What is the Dai price in rand today?

Dai (DAI) is currently about R16.27 (around $0.9999). Prices move constantly — this page reflects our latest synced data.

How is the Dai rand price calculated?

We take the DAI dollar price and convert it to rands at the latest USD/ZAR exchange rate, so the figure reflects both the coin's market price and the current rand exchange rate.

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Rand price converted from the US-dollar market price at the latest USD/ZAR rate. High-risk asset — not financial advice. Rateweb may earn a commission from VALR sign-ups, at no cost to you. Last updated 19 minutes ago.