Sell DAI (DAI) in Australia

Trading with Elbaite means you and your assets remain safe,
with complete peace of mind whilst you focus on what matters.

Award Winning Australian Exchange, Since 2017

Sell DAI

You Sell:
You Receive:
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Current Price / Rate:
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How to Sell DAI in Australia

1. Create Account

Simply create your Personal, SMSF, Company or Trust account

2. Choose Feature

If you want to sell on platform, you can deposit your crypto, or if you want self-custody - use the marketplace.

3. Receive AUD

If you sold your crypto by depositing your crypto, you can now withdraw your AUD. If you used the marketplace, you will receive your AUD directly.

DAI

DAI

DAI (DAI) to AUD Live Price

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What is DAI (DAI)?

Dai is a decentralised stablecoin that aims to stay as close to one US dollar as possible. Unlike other stablecoins that are backed by a central authority, Dai is issued through smart contracts on the Ethereum blockchain and maintained by the MakerDAO protocol.

This means no single company controls Dai — instead, it’s governed by decentralised community voting. Dai maintains its price through over-collateralisation, where users lock up other crypto assets to generate DAI tokens.

Because of its transparency, decentralised control, and consistent value, Dai is widely used in DeFi, trading, and payments. It's a practical choice for people who want the benefits of a stable digital currency without relying on a centralised issuer.

How we protect your DAI

Since our inception, we have made security our top priority.

1:1 Backed Asset Reserves

Your funds are always available. Every asset you hold on Elbaite is fully backed, with no lending or rehypothecation.

Multi Factor Authentication

Add an extra layer of protection with multi factor authentication, ensuring your account is secure.

Segregated On-Chain Wallets

Your assets are stored in verifiable individual wallets, never mixed with others, so you stay in full control of your funds.

Industry Leading Encryption

Every transaction and account is protected with advanced encryption to keep your data and assets secure.

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Buying Bitcoin in Australia

Get started in minutes, Buy crypto and invest for generations, with Elbaite - Australian crypto exchange.

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Catherine L

"very helpful customer service centre, easy and simple webpage to use"

Maria C

"Really impressed with Elbaite. Easy to navigate and trades are quick and secure. Loving it so far"

Daniel N

"Trading with Elbaite has been a great experience. The platform is user-friendly and transactions are processed quickly. I highly recommend Elbaite for anyone interested in a reliable and safe cryptocurrency trading platform."

Stefania

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Governance
& Compliance

Our legal & compliance team regularly work with regulators to advise on the cryptocurrency industry, ensuring that Australia has the best policies in place to support investor protection, innovation and industry growth.

We believe in the future of cryptocurrency here in Australia and want to ensure the right policies are in place to support a thriving industry.

Regulated by AUSTRAC

Elbaite Pty Ltd is officially registered with AUSTRAC and operates under strict compliance guidelines.

Elbaite Pty Ltd ACN: 623 185 875
AUSTRAC: DCE 100593224-001