Buy DAI in Kiribati/

Where & how to buy DAI (DAI) in Kiribati

Updated on: 2024/12/12 20:42:11（UTC+0）

Coin rating

4.6

Bitget is legally accessible in Kiribati. You can buy DAI in Kiribati through Bitget.

Simple 3-step guide to buying DAI today in Kiribati

Create your free Bitget account

Provide your email address and place of residence.

Select a funding method

Fund your account using your preferred payment method.

Complete your DAI purchase

Buy DAI with as little as $5.

Step 1: Create a free account on the Bitget website or the app

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.

You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 2: Place an order for DAI using a payment method of your choice:

Buy DAI with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the Buy tab.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your DAI order.
How to buy crypto with credit/debit card
Buy DAI with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into DAI is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your DAI order.
How to buy crypto via third-party gateway
Buy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your DAI order.
Buy DAI with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your DAI order.

P2P trading

With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.

How to buy crypto on Bitget P2P

Step 3: Monitor DAI in your Bitget spot wallet

If you've chosen to purchase DAI on Bitget, your DAI will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.

Check your assets

Bitget: Where the world trades DAI

Fast

Our efficient matching engine delivers a fast, smooth trading experience, making Bitget a top choice for reliability and speed.

Top security guarantee

Bitget uses proof of reserves, a protection fund, and third-party custody mechanism to safeguard users' assets, earning the trust of millions worldwide.

Ultimate trading experience

Trading cryptocurrencies on Bitget is seamless, with ample liquidity ensuring stress-free transactions. Our platform empowers users to manage their finances confidently.

24/7 user support

Bitget's 24/7 customer service provides prompt and professional support, resolving issues quickly for an exceptional user experience.

Alternative methods to buy DAI in Kiribati

In addition to purchasing DAI directly, there are numerous other ways to obtain DAI.

Buy DAI with crypto on Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to DAI. Just choose your available crypto assets, specify the amount for the DAI swap, confirm, and check DAI instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.

Bitget Convert preview

Swap on-chain assets to DAI with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to DAI anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.

Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for DAI.

How to buy DAI for free

Using real money to buy DAI is not the only way to obtainDAI. If you have the time to allocate, you can get DAI for free.

Learn how to earn DAI for free through the Learn2Earn promotion
Earn free DAI by inviting friends to join Bitget's Assist2Earn promotion
Receive free DAI airdrops by joining On-going challenges and promotions

All crypto airdrops and rewards can be converted to DAI through Bitget Convert, Bitget Swap, or Spot Trading.

Note: Want to keep tabs on coin prices? Visit our Coin prices directory or DAI Price Page and bookmark them to stay updated!

Buy DAI

DAI / USDTCurrent price:

$0.9900

0.00

+0.06%24H

The live DAI price today is $0.9900 USD with a 24-hour trading volume of $1729249.04 USD. We update our DAI to USD price in realtime. DAI is 0.06% in the last 24 hours.

Are you planning to buy DAI?

See if other users are buying DAI:

Yes

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Buy DAI in a different country

You can easily buy DAI (DAI) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying DAI in your preferred location:

kiribati

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A welcome pack of 6200 USDT for new Bitgetters!

What can you do with DAI in Kiribati?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.

Store/Hold DAI

Many users hold on to their DAI with the expectation of it increasing in value. You can store your DAI safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

Trade DAI

You can trade DAI for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for DAI trading to meet your needs.

Send DAI

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy DAI online and send to anyone and anywhere with their DAI address.

Spend DAI

You can also buy goods and services with your DAI. More and more vendors and retailers accept DAI every day.

Earn DAI (DAI)

Earn passive income by staking or lending DAI (DAI) through services like On-chain Earn, PoolX, and Launchpool on Bitget.

DAI (DAI) futures

Bitget, a world-leading cryptocurrency futures exchange, offers a variety of trading strategies to adapt to different market conditions. With 24/7 trading, ample liquidity, fast matching, and an excellent user experience, it provides unparalleled convenience for investors.

Market stats to assist in determining optimal times for purchasing DAI

Maybe you just need to know more about it. Let us briefly guide you through the most interesting DAI facts from our Bitget Academy articles. Learn why people buy DAI today!

What is MakerDAO Stablecoin (DAI)?

MakerDAO is one of the backbone projects of Decentralized Finance (DeFi), first introduced in 2015 after the launch of Ethereum’s first mainnet. It took the developer team two years to build the architecture that enables the creation of DAI Stablecoin. DAI Stablecoin is not just another stablecoin. DAI is governed by the first well-respected Decentralized Autonomous Organization (DAO), which in turn assures its decentralized nature and unbiasedness.

MakerDAO also laid the foundation for lending and borrowing activities on the Ethereum blockchain. The idea behind DAI Stablecoin and MakerDAO is to reduce involvement of financial middlemen and facilitate access to loans.

Backed By Cryptocurrencies

Even though DAI Stablecoin’s value is pegged to the US-Dollar at the 1:1 ratio, its design does not require physical reserve like USDT or USDC. MakerDAO allows borrowers to generate DAI, i.e. borrow stable digital money, upon depositing collaterals. According to MakerDAO’s Oasis app, the four types of collaterals supported include Ethereum (ETH), Wrapped Bitcoin (WBTC), ETH-Staked ETH Liquidity Pair on Curve v1 (CRVV1ETHSTETH), Wrapped stETH (WSTETH) and more than 10 other cryptocurrencies.

Algorithmic Stablecoin

DAI Stablecoin is the only stablecoin able to maintain its US1.00 valuation throughout the course of its existence. The smart contract design of MakerDAO decides which collaterals to be accepted, the corresponding collateral ratio, and the burn (destroying) of DAI when loans are repaid, hence the control of DAI circulating supply and its value.

Secured Lending

Default risk is the major concern of lenders. The key element in DAI Stablecoin design is the overcollateralization, meaning the ratio between collaterals and the amount of DAI to be issued must always be higher than 100%. That requirement directly targets the volatility of cryptocurrencies’ value, hence maintaining the peg between DAI and USD as well as ensuring the value of lenders’ assets.

How MakerDAO Stablecoin (DAI) Works

1. Taking out a loan:

Here is the DAI issuance process, simplified: Borrower deposits collateral, activating the minting of new DAI Stablecoins. When borrower returns the original amount of DAI (please note here that due to potential arbitraging activities, borrower may have earned more DAI than the original amount and will obviously have the right to keep the difference), collaterals will be returned to the borrower and the returned DAI will be destroyed to avoid excessive circulating tokens.

2. Liquidation:

In the case that borrower is unable to pay back the loan (in DAI) or the collateralization ratio falls below the required level, liquidation will take place. The overcollateralization rule says that the ratio between collateral and DAI must always be higher than 100%, for example 175% for wBTC. That means if you deposit US$175 in Bitcoin, you’ll receive a loan of US$100 in DAI, and the remaining US$75 is reserved for the extreme cases mentioned above. Anyone may trigger the liquidation function on the contract in order to protect the system from an impaired loan, and receive a percentage of the balance as a reward.

How Many DAI Tokens Are in Circulation?

According to CoinGecko, the current amount of DAI in circulation is 6,475,887,830 DAI (as of September 23, 2022). What is worth noting here is the maximum supply is also 6,475,887,830 DAI - that is, there is no fixed supply of DAI but DAI issuance and burn will depend on the lending activities. The excessive amount of DAI can be deliberately traded on centralized and decentralized exchanges.

How to Buy MakerDAO Stablecoin (DAI)

Consider selling or investing in MakerDAO Stablecoin (DAI)? It only takes 2 minutes to create an account on Bitget and start trading DAI.

Check out the available DAI trading pairs on Bitget!

Spot market

MegaSwap market

MakerDAO (DAI) Resources

Whitepaper

Official MakerDAO Website

Buy DAI in Kiribati with Bitget

How to safely store your DAI

After purchasing your DAI, you have several options for managing it. You can store it in your personal crypto wallet or keep it in your Bitget account. Some investors choose to hold onto their DAI for long-term growth. For enhanced security and risk management of your DAI assets, consider using Bitget Wallet, known for its top-tier protection supported by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors.

Here's how you can manage your DAI on Bitget:

1. Storing your DAI:

Sign up and transfer DAI to your Bitget account.
Alternatively, use Bitget Wallet as a self-custody solution for your DAI.

2. Trading and earning:

Trade DAI for other cryptocurrencies or stake DAI on Bitget Earn to earn passive income.

How to withdraw DAI with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your DAI or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.

When it comes to withdrawing the DAI you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.

An island country in Oceania in the Central Pacific Ocean, Kiribati consists of a whopping 32 atolls. 119,000 people inhabit the country but more than half reside on the Tarawa atoll itself, which also serves as the country’s capital. GDP comes in at US$255 million a year, but a large part of its income comes from abroad through things like fishing licenses, development assistance, and workers’ remittances.

Tourism here mainly revolves around resorts and relaxation, with pristine beaches and clear waters surrounding all its 33 smaller islands. You can engage in activities like scuba diving, swimming by the beaches, bird watching, socializing with the friendly locals, fishing, or even playing golf on Ambo Island.

The official currency of Kiribati is the Australian Dollar (AUD), and with direct support from Bitget, you can purchase cryptos in just a matter of minutes, no matter where you are in the country, from the Gilbert Islands to the Phoenix Islands or the Line Islands. Our exchange offers a series of secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.

FAQ

Can I buy US$1 worth of DAI?

In theory, DAI can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.

Can I buy US$10 of DAI?

Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.

Where else can I buy DAI?

If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.

Where is the best place to buy DAI?

The best place to buy DAI is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.

Should I buy DAI right now?

You should make a decision on purchasing or investing in DAI or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.

Cryptocurrency investment activities, including actions done to buy DAI online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy DAI instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your DAI purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.