A Dai wallet enables you to store, send, receive and use DAI cryptocurrency. It's a digital account for managing your Dai and interacting with decentralized applications (dApps) on the Dai network.
- Download & install Kraken Wallet
- Backup your Secret Recovery Phrase & store it in a secure location
- Deposit Dai in your wallet
Enter the recipient's Dai address and the amount of DAI you want to send, then confirm the transaction.
A Dai address is a unique identifier used to receive, store and send DAI. It is a string of alphanumeric characters that represents a destination or recipient for Dai transactions on the blockchain.
Write down your Secret Recovery Phrase and store in a secure location when you create your Dai wallet. To restore your Dai wallet, import the Secret Recovery Phrase into Kraken Wallet.
Yes, Kraken Wallet lets you set up a free Dai wallet. Kraken Wallet is free to use, and available on both iOS and Android supported devices.
Kraken Wallet currently supports Bitcoin, Ethereum mainnet, Polygon, Arbitrum, Optimism, Solana, Dogecoin and Base.
