Simple 3-step guide to buying DAI today in France
Create your free Bitget account
Select a funding method
Complete your DAI purchase
Step 1: Create a free account on the Bitget website or the app
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 websiteSelect 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 websiteFor 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 cardBuy 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 gatewayBuy 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 SEPA 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
Bitget: Where the world trades DAI
Alternative methods to buy DAI in France
Buy DAI with crypto on Bitget Convert
Swap on-chain assets to DAI with Bitget Swap
How to buy 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
Buy DAI
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What can you do with DAI in France?
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)
DAI (DAI) futures
Market stats to assist in determining optimal times for purchasing DAI
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
Buy DAI in France with Bitget
How to safely store your DAI
- Sign up and transfer DAI to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your DAI.
How to withdraw DAI with Bitget's hassle-free withdrawal process
France is part of the European Union, and its currency is the Euro (EUR). France is a medium-sized country on a global scale with a surface area of 551,000 square kilometers. The capital of France is Paris, and the country has about 70 million inhabitants. It is one of the oldest countries in the world. The country's language is French, but the accents vary depending on the region. Bitget app and website are available in French to give you access to all the cryptocurrencies you need.
Tourism is part of French culture. French landscapes are exceptional. The main monuments are the Eiffel Tower, the Louvre, the Arc de Triomphe, and the Palace of Versailles. France has wanted to become a "Start-up Nation" since 2017 and has invested heavily in green technologies in particular.
A majority of French people choose to live in cities, three-quarters of them. Metropolitan France has a 75% urban population living on 18.4% of the territory. If France's cities are privileged, one of them is superior to the others and is the bridgehead of the State: Paris. Paris dominates, and one out of five city dwellers is a Parisian. No matter where you are in France, Paris, Marseille, Lyon, Toulouse, Nice, Bordeaux, or Lille, you can buy DAI(DAI) with EUR on Bitget platform within minutes. Bitget offers 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.