Multichain Bridged DAI (Moonbeam) (DAI)

How to Buy Multichain Bridged DAI (Moonbeam) (DAI) on LBank

Learn how to buy Multichain Bridged DAI (Moonbeam) (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

Credit / Debit Card

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
Bank Transfer / Local Transfer

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

Register an LBank account

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
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
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 (Moonbeam) (DAI) on LBank?

Check the preparations required before buying Multichain Bridged DAI (Moonbeam) (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 (Moonbeam) 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 (Moonbeam). 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 (Moonbeam) 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 (Moonbeam).

LBank supports multiple payment methods

You can use the following payment methods to purchase Multichain Bridged DAI (Moonbeam) on LBank:

Debit card
Credit / Debit Card
PayPal
Apple Pay
Google Pay

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 (Moonbeam) 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
860 min | 100%
0.918 USD
6754.38 USDT
500.000 - 6200.520USD
Bank Transfer
AM
AMG_Trading
438 min | 100%
0.927 USD
4011.53 USDT
187.200 - 3718.688USD
Bank Transfer
ON
ONLY-MALAYSAN-MYR
415 min | 100%
1.000 USD
3969.14 USDT
10.000 - 3000.000USD
Bank Transfer

What is Multichain Bridged DAI (Moonbeam) (DAI)?

Multichain Bridged DAI (Moonbeam)(dai) is a token within the decentralized finance (DeFi) ecosystem. Its core purpose is to allow users to move DAI, which is a stablecoin, between various blockchain networks. This bridging mechanism is crucial for enabling interoperability and providing liquidity across different blockchain environments. Essentially, it functions by establishing a connection between blockchains, thereby facilitating the transfer of DAI tokens from one chain to another. This expanded accessibility allows DAI to be utilized in a broader range of DeFi applications across these connected networks. The "Moonbeam" designation signifies that this particular bridged version of DAI is active on the Moonbeam network. Moonbeam itself is a smart contract platform that is part of the Polkadot ecosystem. It is designed to be compatible with Ethereum, which simplifies the process for developers who wish to deploy existing Ethereum-based smart contracts and decentralized applications onto the Polkadot network. Moonbeam's overall goal is to support the creation of applications that can interact seamlessly across multiple blockchains. Learn more

Is Multichain Bridged DAI (Moonbeam) (DAI) a good investment?

Whether Multichain Bridged DAI (Moonbeam) (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 (Moonbeam) (DAI) or any cryptocurrency, consider the following:

Your financial goals
Your financial goals
Are you seeking short-term gains or long-term growth?
Your risk tolerance
Your risk tolerance
How much potential loss are you comfortable with?
Diversification
Diversification
Don’t put all your eggs in one basket. Spread your investments across different types of assets.
Your goals and time horizon
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
$
Enter
DAI
Date
2026-06-12
You will earn $-- in profit, with an ROI of --

What can you do with Multichain Bridged DAI (Moonbeam) (DAI)?

Investment
Buy and hold Multichain Bridged DAI (Moonbeam) (DAI), expecting its value to increase over time.
Investment
Trade
Actively trade Multichain Bridged DAI (Moonbeam) (DAI) on LBank to profit from price fluctuations.
Trade
Pay
Use Multichain Bridged DAI (Moonbeam) (DAI) to pay for goods and services where accepted.
Pay

Why is LBank the best platform to buy Multichain Bridged DAI (Moonbeam) (DAI)?

User-friendly interface
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Multichain Bridged DAI (Moonbeam) (DAI).
Competitive fees
Competitive fees
LBank provides competitive trading fees for Multichain Bridged DAI (Moonbeam) (DAI).
Secure platform
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
Diverse trading pairs
LBank offers a wide range of trading pairs for Multichain Bridged DAI (Moonbeam) (DAI).
24/7 customer support
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Mobile app
Trade Multichain Bridged DAI (Moonbeam) (DAI) anytime, anywhere using the LBank mobile app.
High liquidity
High liquidity
LBank offers excellent liquidity for Multichain Bridged DAI (Moonbeam) (DAI) trading, ensuring you can easily buy and sell your crypto assets.
Regulatory compliance
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

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

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

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 (Moonbeam) (DAI)

More

Multichain Bridged DAI (Moonbeam) (DAI) FAQ

Multichain Bridged DAI (Moonbeam) refers to DAI, a decentralized stablecoin pegged to the US dollar, that has been transferred from its native Ethereum blockchain to the Moonbeam network via the Multichain cross-chain bridging protocol. Its purpose was to enable DAI's use within the Moonbeam ecosystem, facilitating DeFi activities and transactions. While DAI is designed to maintain a stable value, its bridged version on Moonbeam now faces significant challenges due to events affecting the Multichain bridge.
The Multichain exploit in July 2023 severely impacted Multichain Bridged DAI on Moonbeam. Unauthorized withdrawals drained significant liquidity from various Multichain-controlled assets across multiple chains, including Moonbeam. For bridged DAI, this meant the underlying collateral backing the bridged tokens was compromised or stolen. Consequently, the mechanism designed to allow users to redeem bridged DAI for native DAI was broken, leading to a de-pegging event and effectively stranding the bridged tokens on the Moonbeam network without their intended backing or a reliable way to exit the ecosystem.
Yes, there are significant ongoing issues. Following the Multichain exploit, the bridge ceased to function, meaning users cannot bridge assets, including Multichain Bridged DAI, off the Moonbeam network. Funds intended for bridging via Multichain remain stuck. Crucially, Multichain Bridged DAI (Moonbeam) has lost its peg to the US dollar due to the lack of underlying backing and the inability to redeem it for native DAI. This situation renders the token largely illiquid and difficult to utilize or exchange for its intended value.
Addressing the losses and de-pegging of Multichain Bridged DAI (Moonbeam) is highly complex and remains largely unresolved. The Multichain team has reportedly ceased operations, and access to their remaining funds is unclear. While some communities and projects affected by Multichain have explored independent recovery efforts or proposals for compensation, a comprehensive and official resolution for all affected assets, including Multichain Bridged DAI on Moonbeam, has not been implemented. Users are advised to stay informed through official Moonbeam and community channels, but direct restitution is uncertain.
Due to the Multichain exploit and the resulting de-pegging and liquidity issues, buying or selling Multichain Bridged DAI (Moonbeam) is exceptionally challenging and comes with significant risks. Traditional decentralized exchanges on Moonbeam that previously facilitated its trading now likely suffer from extremely low liquidity or may have removed relevant pools. Any potential trades would occur at a substantial discount to native DAI, reflecting its impaired status. Centralized platforms like LBank would typically only list tokens with robust liquidity and operational bridges, which this token currently lacks. Users are strongly advised against attempting to acquire or trade this asset.
The trading viability of Multichain Bridged DAI (Moonbeam) is severely compromised, with extremely low to negligible liquidity. Following the Multichain exploit, the token has largely lost its functional utility as a stablecoin and its ability to be reliably swapped or redeemed. This means there are very few active buyers or sellers, and any available liquidity is insufficient for efficient trading. Consequently, the token trades at a significant discount, reflecting its de-pegged state and the high risk associated with holding or attempting to transact with it.

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