Credit / Debit Card
Fee
Variable Fees
Processing Time
Usually within 1 minute, up to 48 hours
Minimum Purchase Amount
Starting from approx. 10–15 USD
Supported Regions
Subject to region, fiat currency, issuing bank, and payment channel support
Buy Multichain Bridged DAI (Moonriver) (DAI) in Brazil
Learn how to buy Multichain Bridged DAI (Moonriver) (DAI) on LBank, including payment methods such as credit cards, debit cards, Apple Pay, and bank transfers, as well as the purchase process, preparations, and FAQs.
Step 1
Download the LBank App
Please download the LBank App and register to get started
Step 2
Fund your account
Deposit using your preferred payment method.
Step 3
Choose your cryptocurrency
Select the crypto you want to buy from over 3,000,000 cryptocurrencies available on LBank Exchange or Wallet.
Purchase Decision Overview
Bank Transfer / Local Transfer
Fee
Variable Fees
Processing Time
Depends on the payment method; some local channels may be faster
Minimum Purchase Amount
Starting from approx. 1–10 USD
Supported Regions
Subject to local payment channel support
Three Simple Steps to Buy DAI on LBank
How to Buy DAI on LBank: Payment Methods Overview
Explore the available payment methods for buying DAI on LBank, including credit card, debit card, bank transfer, Apple Pay, Google Pay, PayPal, and P2P, to quickly choose the most suitable way to buy DAI.
Credit / Debit Card
Processing Time: Usually within 1 minute; up to 48 hours
Use a Visa/Mastercard that supports international online transactions and ensure 3D Secure is enabled; if it fails, try a different card or try again later
Common Reasons for Failure: The issuing bank declined the cryptocurrency transaction; insufficient balance; 3D Secure verification failed; risk control interception; or region/card network not supported
Bank Transfer / Local Transfer
Processing Time: Instant or 1–3 Business Days
Verify the receiving account, reference code, and transfer network, and use a bank account consistent with your identity verification
Common Reasons for Failure: Incorrect receiving information or reference code; name mismatch; bank processing delay; or unsupported transfer network
What Do You Need to Prepare Before Buying Multichain Bridged DAI (Moonriver) (DAI) on LBank?
Check the preparations required before buying Multichain Bridged DAI (Moonriver) (DAI) on LBank, including account registration, identity verification (KYC), payment methods, regional availability, and pre-purchase precautions to help you smoothly complete the BTC purchase process.
Suitable for
Users who want to quickly buy DAI with fiat
Before You Buy: Checklist
Register and log in to your account
Complete required KYC
Prepare payment method
Confirm regional availability，Check limits / fees / processing time
User Path
Buy Crypto
How to Buy Multichain Bridged DAI (Moonriver) on LBank – Step-by-Step Guide
Before you begin, decide how you’d like to pay:
Pay with fiat
If you're new to crypto, using fiat currency (such as USD, EUR, etc.) is the easiest way to buy Multichain Bridged DAI (Moonriver). LBank supports various payment methods, including debit cards, credit cards, bank transfers, and other local payment options where available. You may need to fund your LBank account before making a purchase.
Pay with other cryptocurrencies
If you already hold other cryptocurrencies, you can trade them for Multichain Bridged DAI (Moonriver) on LBank. Please make sure that LBank supports the trading pair you need (e.g., Bitcoin (BTC)). LBank offers a wide range of trading pairs, allowing you to conveniently convert your existing crypto into Multichain Bridged DAI (Moonriver).
LBank supports multiple payment methods
You can use the following payment methods to purchase Multichain Bridged DAI (Moonriver) on LBank:
Mobile app guide
1
Open the LBank mobile app and tap “Buy Crypto”
2
Select “Buy”
3
Choose , enter the fiat currency you want to use, input the amount, then tap “Buy” or “Confirm”
Desktop guide
1
Log in to LBank on your desktop browser and click the “One-Click Buy” option.
2
Under the “One-Click Buy” tab:
(a). Choose the fiat currency you want to use
(b). Select the Multichain Bridged DAI (Moonriver) you want to purchase
(c). Enter an amount or use quick-select options (e.g., 100, 200, 500, max)
(d). Choose your payment method
(e). Click “Confirm” or “Buy now”
P2P Trading
Merchant | Price | Amount ｜ Limit | Payment Method | Action |
|---|---|---|---|---|
LO Loyalty_Trader 1035 min | 100% | 0.918 USD | 7763.29 USDT 500.000 - 7100.000USD | Bank Transfer | |
AM AMG_Trading 1108 min | 100% | 0.918 USD | 5278.52 USDT 200.000 - 4845.681USD | Bank Transfer | |
ET ETZ_Trader 1033 min | 95.45% | 0.954 USD | 5485.81 USDT 400.000 - 5009.000USD | Bank Transfer |
What is Multichain Bridged DAI (Moonriver) (DAI)?
Multichain Bridged DAI on the Moonriver network is a digital asset that represents a wrapped version of the DAI stablecoin. It was created to allow users to move DAI from other blockchain networks into the Moonriver ecosystem, which is a parachain on the Kusama network. This bridging process was facilitated by the Multichain Router Protocol, formerly known as Anyswap. The primary purpose of this token was to provide liquidity and enable decentralized finance activities on Moonriver. By bridging DAI, users could participate in lending, borrowing, and yield farming within Moonriver-based applications. The technical mechanism relied on a lock and mint system where the original DAI was held in a smart contract on the source chain while an equivalent amount of bridged DAI was minted on Moonriver. Security for these transactions was managed through Multi-Party Computation technology. This approach intended to decentralize the management of the private keys required to authorize cross-chain transfers, spreading control across multiple nodes rather than a single entity. The project faced significant challenges following a major security incident in mid-2023. The Multichain protocol experienced unauthorized withdrawals and the loss of access to its core infrastructure. This event impacted several bridges, including those connected to the Moonriver network. As a result of the compromise of the underlying assets that backed the bridged tokens, the protocol effectively ceased operations. Currently, the Multichain protocol is widely regarded as defunct. The official website and services associated with the bridge have been reported as offline or non-functional. Consequently, the bridged version of DAI on Moonriver no longer functions as a stable representation of the original asset because the bridge mechanism that maintained its value and redeemability is no longer active. Users are generally advised to exercise caution as the project lacks active development, and the infrastructure supporting the token is no longer operational. Learn more
Is Multichain Bridged DAI (Moonriver) (DAI) a good investment?
Whether Multichain Bridged DAI (Moonriver) (DAI) is a good investment depends on your personal financial situation and risk tolerance. Cryptocurrency investments are speculative and can be highly volatile.
Before investing in Multichain Bridged DAI (Moonriver) (DAI) or any cryptocurrency, consider the following:
Your financial goals
Are you seeking short-term gains or long-term growth?
Your risk tolerance
How much potential loss are you comfortable with?
Diversification
Don’t put all your eggs in one basket. Spread your investments across different types of assets.
Your goals and time horizon
Cryptocurrencies are best suited for long-term investors. Disclaimer: This is not financial advice. Please do thorough research before making any investment decisions.
Fees, limits, and processing time for buying DAI on LBank
Compare fees, transaction limits, and estimated processing times across different payment methods. Actual fees and availability may vary by region, fiat currency, payment method, and third-party providers. Please refer to the order page for final details.
ROI calculator
If I invest, how much profit will I make?
Invest
$
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DAIDate
2026-06-06
You will earn $-- in profit, with an ROI of --
What can you do with Multichain Bridged DAI (Moonriver) (DAI)?
Investment
Buy and hold Multichain Bridged DAI (Moonriver) (DAI), expecting its value to increase over time.
Trade
Actively trade Multichain Bridged DAI (Moonriver) (DAI) on LBank to profit from price fluctuations.
Pay
Use Multichain Bridged DAI (Moonriver) (DAI) to pay for goods and services where accepted.
Why is LBank the best platform to buy Multichain Bridged DAI (Moonriver) (DAI)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Multichain Bridged DAI (Moonriver) (DAI).
Competitive fees
LBank provides competitive trading fees for Multichain Bridged DAI (Moonriver) (DAI).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Multichain Bridged DAI (Moonriver) (DAI).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Multichain Bridged DAI (Moonriver) (DAI) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Multichain Bridged DAI (Moonriver) (DAI) trading, ensuring you can easily buy and sell your crypto assets.
Regulatory compliance
LBank complies with all regulatory requirements in the jurisdictions where it operates to ensure a compliant and secure trading environment
After buying DAI, what is the best way to store it?
After buying DAI, you can choose a storage method based on your usage frequency, holding period, and security needs. If you need to trade at any time, you can store it in your LBank account. If you prioritize self-custody or long-term security, consider using a personal wallet or a hardware wallet.
Store in your LBank account
Suitable for
Users who want to trade or convert at any time
Short-term BTC holders
Features
Ready to use immediately after purchase; easier to use
Ideal for frequent trading, conversions, or using platform features
Security Alert
Please enable 2FA
Please set an anti-phishing code
Only log in through official channels
Transfer to a personal hot wallet
Suitable for
Users who want to manage their own assets
Users who need daily transfers or on-chain usage
Features
More flexible; convenient for daily transfers and management
Better suited for small holdings and everyday use
Security Alert
Do not store seed phrases or private keys in the cloud
Do not save sensitive information via chat tools, email, or screenshots
Stay alert for phishing websites and fake wallet apps
Transfer to a hardware wallet
Suitable for
Long-term BTC holders
High-value holders who prioritize security
Features
Private keys are stored offline, offering enhanced security
Ideal for long-term storage of infrequently moved assets
Security Alert
Securely back up seed phrases offline
Never disclose your recovery phrase to anyone
Assets may be irrecoverable if the seed phrase is lost
Learn more about Multichain Bridged DAI (Moonriver) (DAI)
More
Multichain Bridged DAI (Moonriver) (DAI) FAQ
Standard DAI is a stablecoin pegged to the US Dollar. However, this version on Moonriver is unbacked because the Multichain bridge was exploited, and its collateral held on Ethereum was drained or became inaccessible. Since there is no longer real DAI backing these tokens, they have lost their peg and trade as speculative assets.
The protocol officially ceased operations following a major security breach. The leadership was reportedly detained, and essential access keys to the bridge's servers were lost. Without leadership or functional infrastructure, the bridge is offline and the project is considered abandoned.
No. Because the bridge router is permanently offline, there is no technical way to move these specific bridged tokens back to Ethereum to redeem them for the original underlying asset. They are effectively restricted to the Moonriver network.
You can still trade the token on Moonriver-based decentralized exchanges, but you will only receive the current market value. While some community recovery plans and technical proposals have been discussed among network stakeholders, there is currently no official bailout or guaranteed recovery mechanism for holders of this specific bridged asset.
This is not a traditional arbitrage opportunity. The token represents bad debt from a failed bridge. Purchasing it is a high-risk gamble based on the unlikely possibility of a future legal settlement or recovery plan. Investors should exercise extreme caution as the asset is essentially unbacked.
Security experts recommend two main actions. First, use a wallet security tool to revoke any unlimited spend approvals previously granted to the bridge's smart contracts to prevent further security risks. Second, always verify the smart contract address when viewing the token to avoid scams or fake versions claiming to be recovered assets.
