How to buy/sell DAI (DAI) on Huobi Cryptocurrency exchange?

DAI (DAI)

Dai is the largest decentralized stablecoin on Ethereum, developed and managed by MakerDAO, the infrastructure of decentralized finance (DeFi).

How to buy DAI (DAI) on Huobi?

Follow the easy 4 steps below to buy DAI (DAI) on Huobi.

1. Register a Huobi Global account
   Provide an email address, create a username, and choose a secure password.
2. Verify your account
   After registering and verifying, all you need to do to buy Bitcoin is to provide your name, date of birth, country/region and phone number. For verification information, see the verification documentation.
3. Deposit in fiat currency or cryptocurrency
   To deposit cryptocurrency, you only need to check the encrypted address on Huobi Global and send funds to that address. There are many ways to use fiat currency to fund your account for transactions, including credit cards, cash, and other cryptocurrencies.
4. Start buying Bitcoin on Huobi
   Once your fiat currency or cryptocurrency is in your account, you can start buying Bitcoin. Through your Huobi Global account, you can get trading charts, 24-hour global customer support, and DAI (DAI) derivatives trading.

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What is DAI (DAI)?

Dai is the largest decentralized stablecoin on Ethereum, developed by MakerDAO and is the infrastructure for decentralized finance (DeFi).

Dai is issued by the full mortgage of the assets on the chain, and it is pegged at 1:1 with the US dollar, 1 Dai = 1 US dollar.

Individuals and businesses can obtain safe-haven assets and liquidity by exchanging Dai or borrowing Dai by mortgage.

Dai has already been applied in mortgage loans, margin transactions, international transfers, and supply chain finance.

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