CDAI is a reward token that the Compound Finance protocol issues to every user who deposits DAI coins into its lending platform at a ratio of 50 CDAI per DAI. The coin is an ERC-20 token, so users can move and use it anywhere within the Ethereum blockchain. Compound Finance didn't design it to be a stablecoin. Instead, its primary purpose is to appreciate users and enable them to gain interest without worrying about losing their tokens' values.
It’s easy to buy CDAI in Australia by joining a trusted trading platform like Coinstash. Simply create your account and verify your personal details. Then, deposit some funds and purchase CDAI. It’s as simple as that!
Coinstash is one of the highest-rated crypto platforms in Australia. Since 2017, we’ve been a one-stop crypto solution for thousands of customers.
People love our great customer support, easy-to-use interface, industry-leading security, and other innovative features. We’re also an AUSTRAC registered exchange so that you can trade with confidence.
Ready to start trading Compound Dai (CDAI)? Create your Coinstash account in minutes!
The cDAI price is $0.0297676 AUD, representing a -18.51% from the day prior.
The best place to buy cDAI (CDAI) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell cDAI (CDAI) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
The trading volume of cDAI (CDAI) is $1.5K AUD in the last 24hrs, representing a -18.51% from the day prior.
cDAI (CDAI) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of cDAI (CDAI) is $41.7M AUD.
Yes - With Coinstash you can convert your cDAI (CDAI) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of cDAI (CDAI) is 1.1B.
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling cDAI (CDAI) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.