Buying guideUpdated on How to Buy xDAI (xDAI): Step-by-Step Guide
To buy xDAI on Picnic, you create an account, add funds with Pix and convert your balance into xDAI in the app. The quote and the fees are shown on screen before you confirm, and the asset stays in a wallet you control.
- Fund with Pix
- Self-custody with a passkey
- Fees shown before you confirm
How much xDAI can you buy?
You don't have to buy a whole unit. Here is what each amount is worth at today's reference price, before fees.
- With $1010xDAI
- With $5050.003xDAI
- With $100100xDAI
- With $500500.03xDAI
How to buy xDAI on Picnic, step by step
Four steps, from signing up to xDAI in your wallet.
Create your account
Download the app or open it in your browser. Your wallet is created at sign-up and protected by your device's biometrics (a passkey), with no seed phrase to write down.
Add funds with Pix
Top up in Brazilian reais with Pix, straight from the app. The balance shows up in a few minutes.
Search for xDAI
In the investments tab, look for xDAI or xDAI and enter how much you want to buy.
Review and confirm
Check the quote and the fees shown on screen, then confirm. Your xDAI balance appears in your wallet, under your control.
What is xDAI?
xDAI is a stablecoin on the Gnosis Chain, pegged 1:1 to the US Dollar. It offers fast and low-cost transactions, making it ideal for everyday payments and microtransactions. xDAI is created by locking DAI tokens on the Ethereum mainnet and is used for transaction fees and smart contracts on the Gnosis Chain. It provides interoperability with Ethereum and other networks, enhancing its utility in the decentralized ecosystem. While xDAI cannot be directly purchased, it can be obtained through bridging DAI or using exchanges. You can find xDAI and other cryptocurrencies on the Picnic platform.
xDAI is a stablecoin that operates on the Gnosis Chain, an Ethereum-based sidechain. It maintains a 1:1 ratio with the US Dollar, offering users a stable digital currency for transactions and smart contract interactions. xDAI is created by locking DAI tokens on the Ethereum mainnet through a bridge, which then mints an equivalent amount of xDAI on the Gnosis Chain. One of the main advantages of xDAI is its ability to facilitate fast and low-cost transactions. It's particularly useful for everyday payments and microtransactions due to its stability and predictable fees. The Gnosis Chain uses a dual-token model, with xDAI serving as the transactional currency while GNO is used for staking and governance purposes. xDAI offers seamless interoperability between the Gnosis Chain and other Ethereum-based networks, enhancing its flexibility within the decentralized ecosystem. While users cannot directly purchase xDAI, they can obtain it by bridging DAI from the Ethereum mainnet or through various exchanges and gateways. For those interested in exploring xDAI and other cryptocurrencies, Picnic offers a platform where users can buy and trade a variety of digital assets.
Why buy xDAI on Picnic?
You stay in control
The wallet is yours, in self-custody, created at sign-up and protected by a passkey. Picnic is not an exchange: your assets stay under your control.
Fund with Pix
Add Brazilian reais and buy xDAI in minutes, with no international wire.
Fees on screen
The quote and the fees are shown before you confirm the purchase, with no surprises.
Buy it, then spend it
The same account comes with an international Visa card, accepted in 180+ countries, with no annual fee and no IOF.
Frequently asked questions
Does Picnic charge fees to buy xDAI?
Fees depend on the network used to buy xDAI. On some networks the transaction is free, and on the others the fee is always shown on screen before you confirm. No hidden costs: what you see is what you pay.
Is it safe to buy xDAI on Picnic?
On Picnic your wallet is in self-custody: you keep control of your assets without relying on an intermediary exchange. Picnic has operated globally since 2021, and the infrastructure behind the product was recognized with a grant from the Ethereum Foundation. As with any digital asset, the price of xDAI can move, so invest thoughtfully.
Can I buy just a fraction of xDAI?
Yes. You choose the amount to spend and receive the matching quantity of xDAI, even if it is a fraction of one unit.
Do I need to understand crypto to buy xDAI?
No. Picnic is built to be simple even for beginners: fund with Pix, search for xDAI and confirm in a few taps. Your wallet is created automatically and the technical side stays behind the scenes.
How long until xDAI reaches my wallet?
After you add funds with Pix and confirm the purchase, your xDAI balance usually shows up in your wallet within a few minutes. Exact timing can vary by network.
Can I spend my balance after buying?
Yes. The same account that holds your assets comes with an international Visa card, accepted in 180+ countries, with no annual fee and no IOF. So you can spend your balance day to day, at home or abroad.
Can I buy other assets besides xDAI?
Yes. Picnic lists more than 3,000 digital assets. Just search for the one you want and follow the same steps, all in one account.
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Ready to buy xDAI?
Create your account, fund with Pix and have xDAI in your wallet in minutes.
Buy xDAIThis content is for information only and is not investment advice. Digital assets are volatile and you may lose part of the amount invested.