What you can do with Dai in Coinomi
Hold DAI with your keys on your device. Send and receive it and swap it for other coins inside the wallet.
- Hold it yourselfYour Dai keys are created and kept on your device. One recovery phrase restores your whole wallet, and there is no Coinomi account to create.
- Send and receiveCoinomi adds no fee to send or receive DAI. The network you send on charges its own fee, paid in that network's coin, and Coinomi warns you about an unusual fee before you confirm.
- SwapCompare quotes from several providers and swap DAI for other coins without leaving the wallet, wherever a provider supports the pair.
- Buy and sellBuy and sell crypto by card or bank transfer through BTC Direct, Simplex and Onramper, where available. Providers set their own fees and checks.
Swap Dai
Trade Dai for other coins, or other coins for Dai, straight from the wallet where you hold the keys.
- Swap DAI
Compare quotes from several providers and trade DAI for other assets.
Swap Dai
Popular swaps
Providers set their own fees and checks, shown before you confirm.
Where Dai lives
In Coinomi, Dai is supported on:
The same token can exist on several networks. Send and receive on the same network, and check it before you send.
About Dai
Dai is a stablecoin designed to track the US dollar. It is created by smart contracts (the Maker, now Sky, protocol), not by a company holding dollars in a bank.
Dai wallet questions
Is Coinomi a self-custody Dai wallet?
Yes. Coinomi creates and stores your Dai keys on your device, and there is no Coinomi account to create. Only you can move your DAI. That also means Coinomi can't recover a lost recovery phrase for you.
What does it cost to hold or send Dai?
Coinomi is free to download, and it adds no fee to send or receive DAI. The network you send on charges its own fee, paid in that network's coin. Swap and buy providers set their own fees.
How do I buy or swap Dai?
Open Coinomi and choose swap to trade another coin for DAI, wherever a provider supports the pair. You can also buy crypto by card or bank transfer where available. Providers set their own fees and checks.
Which devices does the Dai wallet work on?
iPhone and iPad, Android, Macs with Apple silicon, Windows and Linux. The same recovery phrase opens your wallet on each of them.
How do I restore my Dai wallet?
Install Coinomi, choose to restore a wallet, and enter your recovery phrase. One phrase restores every coin in the wallet, and Coinomi can scan for the coins and accounts you used before. Keep the phrase offline and private.
Can I swap Dai for another coin?
Yes, wherever a provider supports the pair. Open Coinomi, choose swap, and compare quotes from several providers to trade DAI for another coin. Providers set their own fees and checks, shown before you confirm.
