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ETH to DAI – Swap Ethereum to DAI

Ether for DAI whenever you want without making any mistakes with the revolutionary Web3-ready Zengo wallet app.

Ethereum (ETH) is a decentralized and open-source blockchain that supports smart contracts. Ether (ETH) is the native cryptocurrency of the platform, which is used to pay transaction fees or gas fees. Ethereum is the second biggest cryptocurrency by market capitalization and was founded by Vitalik Buterin in 2013. As the Ethereum network supports smart contracts, many decentralized finance and other applications are built on its solid foundation. 

DAI, formerly known as Sai or (SAI) is an ERC-20 token on the Ethereum blockchain whose value is kept close to one United States Dollar (USD) through the use of smart contracts and decentralized finance. For this reason, DAI is referred to as a “stablecoin.” It isn’t as volatile as many other cryptocurrencies, and its counterpart, MKR, acts as the governance token of the makerDAO decentralized organization based on Ethereum that allows users to lend and borrow cryptocurrencies without any third-party intermediaries or middlemen.

How to Trade Ether for DAI With Zengo?

To trade Ethereum for DAI or the other way around, you will first need to download and install the Zengo mobile app from the Google Play or Apple App Store and finish the onboarding process. 

Once you’ve set up your Zengo wallet app accordingly, simply follow the steps below to begin swapping Ether for DAI tokens.

Step 1

Open the Zengo wallet app and tap the “Actions” button located in the main menu.

Step 2

Tap on the “Trade” button.

Step 3

Select Ethereum and DAI from the trade window and specify the number of tokens you wish to swap for one another.

Step 4

Tap on the “Confirm” button and wait for Zengo to send you a notification telling you that the Ethereum to DAI swap is complete.

Why Zengo is the Best Non-Custodial Crypto Wallet to Swap Ethereum for DAI

Zengo makes swapping Ether for DAI safe and as easy as possible with minimal room for human error. Swap Ethereum for DAI wherever you are, whenever you want, just like thousands of other satisfied Zengo users. Our key features are:

Endless Possibilities

With the fully Web3-ready Zengo wallet, you can buy, sell, send, receive, trade, and swap cryptocurrencies like Bitcoin, Ethereum, Dogecoin, Shiba Inu, and Polygon. Apart from cryptocurrencies, Zengo also allows its users to view and manage their NFT portfolio and connect directly with NFT marketplaces, such as OpenSea. Additionally, Zengo provides a Web3 gateway to Metaverse gaming, Daaps, and decentralized finance via WalletConnect.

Safety and Security

The next-gen Zengo wallet app is the safest and most secure non-custodial wallet app available today since it utilizes the latest MPC technology to safeguard your digital assets with biometrical 3-factor authentication. With Zengo, you can forget about storing complicated seed phrases or printed QR codes in weird places. Simply make use of technology and log in to the app with facial ID instead to manage your crypto portfolio.

Accessibility and Control

The Zengo wallet is both Web3-ready and non-custodial. This means that with Zengo, you are in total control of your private keys and digital assets. On top of that, the app was designed to be very intuitive and user-friendly, which removes any room for error when attempting to send, receive, or swap cryptocurrencies. With Zengo, you can be sure that your digital assets are safe and accessible at any given time.

Fair Fees

Zengo allows you to trade a broad range of digital assets across multiple blockchains at low, competitive trading fees. Added to this, Zengo does not charge you any transaction fees to send or receive crypto. On top of that, it allows you to choose how much transaction fees you want to pay. The more you pay, the faster the transactions will be processed. Feel free to check out our complete fee overview

Effortless Recoverability

Zengo guarantees the safety of your crypto and NFT holdings. If, for whatever reason, you lose your mobile device, simply reinstall the Zengo app and use the built-in biometric recovery feature to regain full access to your digital asset holdings.

24/7 Live Customer Support

If you are unsure how to swap Ethereum for DAI or have any other questions about the Zengo wallet app, you can contact our professional 24/7 available support staff by either live chat or email. For regular, more general questions, feel free to check out our extensive Online Help Center instead. 


Investing in cryptocurrencies can be fun, exciting, and profitable. However, the cryptocurrency markets are still primarily unregulated, and the majority of digital assets are highly volatile. Zengo safeguards your cryptocurrency portfolio and provides you with access to Web3, Dapps, and NFT Marketplaces, but it doesn’t provide any financial advice, nor does it recommend you to buy, sell, stake, or trade any specific digital asset. We advise you to always do your own research before investing in any cryptocurrency. 

FAQs About Swapping ETH to DAI

Zengo makes sure swapping ETH to DAI is as safe and easy as can be for its users. However, if you still require additional information about swapping Ethereum for DAI, we recommend checking out the FAQ section below. 

There are a number of differences between the two coins. Many cryptocurrency traders label ETH, or Ethereum, as long-term storage of value. It is also as volatile as most other cryptocurrencies. Additionally, Ether serves as a token that facilitates the Ethereum network. DAI, on the other hand, is a so-called “stablecoin” whose value is pegged to one United States Dollar and, therefore, isn’t that volatile. Additionally, the platform has another token called MKR. MKR is also an Ethereum-based token, but it is not a stablecoin. MKR acts as the governance token of the MakerDAO decentralized exchange, ensuring the safety and stability of the DAI-USD peg. 

This means that you trade your Ether (ETH) tokens for DAI or the other way around in the Zengo wallet app using its in-app swapping feature. 

Yes, if you want to start trading Ether or DAI or vice versa, you will definitely need a safe and secure cryptocurrency wallet like Zengo. The Zengo wallet allows you to swap Ethereum for DAI and the other way around whenever you want after downloading and installing the app. Additionally, Zengo also enables users to swap Bitcoin, Tether, Shiba Inu, and many other cryptocurrencies like Voyager, Alpha Finance, and The Sandbox at low and competitive fees.

Yes, there are minimum trading amounts between Ethereum and DAI within the Zengo wallet app. However, these minimum trading amounts vary based on current market conditions. We recommend logging in to the app to check out the latest minimum trading requirements between Ethereum and DAI before trying to swap one token for another.

For more information about Zengo’s minimum trading amounts, fees, and limits, click here.

With Zengo, you can trade your Ether and DAI tokens for Bitcoin, Shiba Inu, Dogecoin, Tezos, USD Coin, Tether, Polygon, Alpha Finance, The Sandbox, Decentraland, and many other digital assets. Simply log into the Zengo wallet app to check out the available options yourself. 

Yes, it is certainly possible to send Ethereum and DAI tokens to other crypto wallets from Zengo. To do this, simply launch the Zengo app, navigate to the “Actions” screen, tap on “Send,” then choose how many Ether or DAI tokens you want to send, then follow the on-screen instructions to paste the recipient address, then confirm your request to finalize the transaction. 

You know whether your Ethereum to DAI trade has been completed when the status of the trade changes from “Trade Pending” to “Trade Received” within the transaction history of the Zengo wallet app. 

Yes, of course! Why wouldn’t you want to store your Ethereum and DAI tokens in the safest and most secure digital asset wallet available on the market today that enables you access to Web3, decentralized finance, Daaps, and NFT marketplaces? Additionally, Zengo guarantees that only you can access the private keys to your digital asset holdings via its biometric facial recognition 3FA system.

Yes, you can definitely buy Ethereum and DAI tokens with Zengo. To purchase either of the two tokens, simply login to the app and tap the “Actions” button from within the main menu, followed by the “Buy” button. Now, specify the amount of Ether or DAI tokens you want to buy and confirm to finalize the transaction. Through Zengo, you can also purchase other cryptocurrencies with fiat currencies, such as Bitcoin, Dogecoin, Polygon, and Tezos. Available payment methods for our fiat onramp include Visa, MasterCard, Apple Pay, and Bank Wire Transfers.

For more information about how to buy crypto with Zengo, click here.

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