To buy Dai (DAI) on Zengo, start by downloading the app and setting up your secure wallet. Once your wallet is ready, select Dai (DAI) as the cryptocurrency you wish to purchase. Next, choose your preferred payment method from the available options: Apple Pay (note that Apple Gift Cards are not accepted), credit/debit cards (Mastercard, Visa, or Maestro), or bank transfers (SEPA for transactions within Europe and SWIFT for international transactions). Android users can also utilize Google Pay. Payments are processed through our trusted partners, Banxa and Moonpay, so you’ll need to select one for the processing.

Finally, review your purchase details and confirm the transaction to complete your Dai (DAI) purchase.

With Zengo, purchasing Dai (DAI) is both fast and straightforward. After your payment is processed, you can usually expect your Dai (DAI) to appear in your wallet within minutes, ensuring a quick and seamless buying experience.

Zengo enforces identity verification to maintain high security and compliance standards before you can buy Dai (DAI). This verification process is vital for safeguarding the integrity and legitimacy of your transactions, ensuring a secure environment for every user.

Zengo works with purchasing partners who are regulated and compliant and follow the AML and KYC rules. You must be at least 18 years old and provide a valid ID to verify your identity and age before you can buy Dai (DAI) or any other crypto assets.

Zengo is a self-custodial wallet for cryptocurrency that is free to use. However, you will have to pay a fee when you buy, sell, or trade cryptocurrency. These fees include

• Network fees (not paid to Zengo)
• Exchange fees
• Service fees (paid only to the providers).

Zengo does not apply any hidden fees or markups on the exchange rate. The fee amount may vary depending on the payment method, currency, and operator. Before you confirm your payment, Zengo provides you with a clear breakdown of all applicable fees.

Note: Zengo Pro users benefit from reduced service fees.

Please note: Zengo fees may vary by country. For specifics, visit the Zengo Fees webpage

Like other cryptocurrencies, investing in Dai (DAI) carries market risks. Prices can be volatile, so it is important to research thoroughly and comprehend these risks before investing.

Buying Dai (DAI) on Zengo is both secure and efficient. The platform leverages advanced facial recognition technology to ensure secure logins. For the protection of your Dai (DAI) assets, Zengo employs state-of-the-art security features, including threshold signatures, Multi-Party Computation (MPC) security, and three-factor authentication (3FA). In addition, Zengo’s Web3 Firewall enhances your security by blocking online threats and alerting you to any suspicious activity. This comprehensive security approach ensures a safe and reliable purchasing experience for your cryptocurrency investments.

Zengo supports Dai (DAI) purchases in over 188 countries worldwide. However, there are a few countries where the app or certain features may not be available due to local regulations. Here is a list of supported countries for Zengo.

You can also sell or swap Dai (DAI) on Zengo. 

To sell Dai (DAI), you can choose the sell option on the app and enter the amount of Dai (DAI) you want to sell. You will see the exchange rate and the fees before you confirm the transaction. You will receive the fiat money in your bank account or your preferred payment method.

To swap Dai (DAI), you can choose the swap option on the app and select the crypto asset you want to swap with Dai (DAI) or any other asset. You will see the exchange rate and the fees before you confirm the transaction. You will receive the swapped crypto asset in your Zengo wallet.