Buying guideUpdated on How to Buy Dai (DAI): Step-by-Step Guide
To buy Dai on Picnic, you create an account, add funds with Pix and convert your balance into DAI 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 DAI 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 $1010.026DAI
- With $5050.13DAI
- With $100100.26DAI
- With $500501.3DAI
How to buy Dai on Picnic, step by step
Four steps, from signing up to DAI 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 Dai
In the investments tab, look for Dai or DAI and enter how much you want to buy.
Review and confirm
Check the quote and the fees shown on screen, then confirm. Your DAI balance appears in your wallet, under your control.
What is Dai?
DAI is a stablecoin designed to maintain a value close to the US dollar. It operates on the Ethereum blockchain and is backed by a variety of digital assets. Users can generate DAI by depositing supported cryptocurrencies as collateral in smart contracts. DAI's stability is maintained through mechanisms like over-collateralization and decentralized governance. It serves as a stable store of value and is widely used in decentralized finance applications for lending, borrowing, and trading. You can buy DAI and other cryptocurrencies on the Picnic platform.
DAI: A Stable Digital Currency for Everyday Use DAI is a digital currency designed to maintain a stable value, always aiming to be worth $1 USD. Unlike other cryptocurrencies that can fluctuate wildly in price, DAI provides a reliable option for those seeking stability in the digital world. This makes it an excellent choice for everyday transactions, savings, and as a safe haven during market turbulence. What sets DAI apart is its unique backing system. Instead of being supported by traditional bank reserves, DAI is backed by other digital assets. This process involves users locking up their digital assets as collateral in smart contracts, which then allows them to generate DAI. This system ensures that there's always more than enough value supporting each DAI token, providing users with confidence in its stability. DAI has found widespread use in the world of decentralized finance (DeFi), where it serves as a cornerstone for many applications. From lending and borrowing to trading and earning interest, DAI offers a stable foundation for financial activities without the need for traditional banks or intermediaries. If you're interested in exploring the world of stable digital currencies, you can buy DAI on the Picnic platform, along with many other cryptocurrencies.
Why buy Dai 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 DAI 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 Dai?
Fees depend on the network used to buy DAI. 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 Dai 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 DAI can move, so invest thoughtfully.
Can I buy just a fraction of DAI?
Yes. You choose the amount to spend and receive the matching quantity of DAI, even if it is a fraction of one unit.
Do I need to understand crypto to buy Dai?
No. Picnic is built to be simple even for beginners: fund with Pix, search for Dai and confirm in a few taps. Your wallet is created automatically and the technical side stays behind the scenes.
How long until DAI reaches my wallet?
After you add funds with Pix and confirm the purchase, your DAI 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 Dai?
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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This content is for information only and is not investment advice. Digital assets are volatile and you may lose part of the amount invested.