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  3. Mexican Peso (MXN) to Dai (DAI)

Convert
Mexican Peso (MXN) to Dai (DAI) Instantly

MXN MXN
DAI DAI
Buy Dai (DAI)

Purchase Dai (DAI) with Mexican Peso (MXN) easily at Switchere and benefit from fast, secure transactions.

About
Dai (DAI)

DAI (DAI) stands as a pioneering decentralized stablecoin soft-pegged to the US Dollar, operating on the Ethereum blockchain as an ERC-20 token. Its primary purpose is to provide a censorship-resistant and transparent digital asset that maintains a stable value, offering a crucial building block for the decentralized finance (DeFi) ecosystem. Governed by the MakerDAO community through the MKR governance token, DAI's stability is achieved through a sophisticated system of over-collateralization. Users generate DAI by locking up approved crypto assets, such as ETH or WBTC, into smart contracts known as Maker Vaults (formerly Collateralized Debt Positions or CDPs). This process ensures that every DAI in circulation is backed by a greater value of collateral, mitigating volatility risks.

The core technology relies on Ethereum's smart contract capabilities to manage these Vaults, automate liquidations if collateral value drops below a certain threshold, and maintain the peg through various stability mechanisms, including Stability Fees and the Dai Savings Rate (DSR). The DSR allows DAI holders to earn yield on their holdings directly on-chain. DAI's utility token function is primarily as a stable medium of exchange, a unit of account, and a store of value within countless DeFi applications, including lending protocols, decentralized exchanges, and yield farming strategies. As one of the most widely integrated crypto-backed stablecoins, DAI is a foundational element of Web3 infrastructure, enabling peer-to-peer transactions and complex financial instruments without reliance on traditional intermediaries.

Dai (DAI)

How to Buy Dai (DAI)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose MXN to DAI Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your Dai Wallet Address

    Provide your DAI wallet address and proceed with the payment.

  3. 03

    Receive Your Dai

    Complete the payment, and your DAI will be sent to your wallet.

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BNT
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BLUR
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BONE
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CTSI
MXN
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CELR
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CELO
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CEL
MXN
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LINK
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CHZ
MXN
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CHR
MXN
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C98
MXN
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COMP
MXN
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CFX
MXN
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PEOPLE
MXN
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CVX
MXN
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ATOM
MXN
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CTC
MXN
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CRV
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DAI
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DASH
MXN
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MANA
MXN
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DENT
MXN
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DGB
MXN
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DYDX
MXN
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XEC
MXN
to
EOS
MXN
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ETC
MXN
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ENS
MXN
to
ETHW
MXN
to
FET
MXN
to
FIL
MXN
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FLOKI
MXN
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GALA
MXN
to
GNO
MXN
to
ONE
MXN
to
HBAR
MXN
to
HOT
MXN
to
HOOK
MXN
to
ICX
MXN
to
ILV
MXN
to
IMX
MXN
to
INJ
MXN
to
ICP
MXN
to
IOST
MXN
to
IOTX
MXN
to
JASMY
MXN
to
JST
MXN
to
KAVA
MXN
to
KCS
MXN
to
KSM
MXN
to
KNC
MXN
to
LDO
MXN
to
LQTY
MXN
to
LPT
MXN
to
LOOKS
MXN
to
LRC
MXN
to
LUNA
MXN
to
MKR
MXN
to
MASK
MXN
to
EGLD
MXN
to
ALICE
MXN
to
NEAR
MXN
to
XEM
MXN
to
NEXO
MXN
to
NOT
MXN
to
NMR
MXN
to
OKB
MXN
to
OMG
MXN
to
ONT
MXN
to
EDU
MXN
to
OP
MXN
to
OGN
MXN
to
CAKE
MXN
to
PAXG
MXN
to
PENDLE
MXN
to
DOT
MXN
to
MATIC
MXN
to
QTUM
MXN
to
QNT
MXN
to
RDNT
MXN
to
XRD
MXN
to
RVN
MXN
to
REN
MXN
to
RSR
MXN
to
RLC
MXN
to
RPL
MXN
to
SFP
MXN
to
SHIB
MXN
to
SKL
MXN
to
SXP
MXN
to
STND
MXN
to
STG
MXN
to
XLM
MXN
to
GMTBSC
MXN
to
STORJ
MXN
to
STMX
MXN
to
SUSHI
MXN
to
SNX
MXN
to
USDTPOL
MXN
to
USDTAVAC
MXN
to
USDTBEP20
MXN
to
USDT20
MXN
to
USDTSOL
MXN
to
USDTNEAR
MXN
to
USDTXTZ
MXN
to
USDTTRC20
MXN
to
USDTTON
MXN
to
XTZ
MXN
to
GRT
MXN
to
SAND
MXN
to
TFUEL
MXN
to
THETA
MXN
to
RUNE
MXN
to
TONCOIN
MXN
to
TUSDBSC
MXN
to
TUSDTRX
MXN
to
TWT
MXN
to
UOS
MXN
to
UMA
MXN
to
UNI
MXN
to
USDCPOL
MXN
to
USDCSOL
MXN
to
USDCOP
MXN
to
USDCBSC
MXN
to
USDCAVAC
MXN
to
USDCARB
MXN
to
USDC
MXN
to
VET
MXN
to
VRA
MXN
to
WAXP
MXN
to
WOO
MXN
to
WLD
MXN
to
WBTC
MXN
to
WMINIMA
MXN
to
XDC
MXN
to
YFI
MXN
to
YGG
MXN
to
ZIL

Frequently asked questions

  • What does the MXN/DAI trading pair represent in the digital asset market?

    The MXN/DAI pair represents a direct fiat on-ramp allowing users to exchange Mexican Pesos (MXN) for Dai (DAI), a decentralized stablecoin built on the Ethereum blockchain. This transaction facilitates entry into the DeFi ecosystem by converting fiat currency into an ERC-20 token that is soft-pegged to the US Dollar, managed by the Maker protocol's smart contracts.

  • What are the common methods for purchasing DAI with MXN in Mexico?

    Common methods include using a local cryptocurrency exchange that supports MXN deposits via SPEI transfers or cash payments at OXXO. Another option is peer-to-peer (P2P) platforms. Most centralized platforms will require KYC/AML compliance before you can link a Mexican bank account to purchase this digital asset.

  • What are the advantages of converting MXN to the DAI stablecoin?

    Converting MXN to DAI provides a hedge against local currency volatility by holding a digital asset soft-pegged to the USD. As an ERC-20 token, DAI grants immediate access to the broader Ethereum decentralized finance (DeFi) ecosystem, including lending, borrowing, and yield farming, all governed by the MakerDAO community.

  • Are there specific fees to consider when converting Mexican Pesos to DAI?

    Yes. You should consider several potential fees: deposit fees for adding MXN to an exchange (e.g., via SPEI or OXXO), the platform's trading fee for the MXN/DAI transaction, and withdrawal fees. If you move DAI to a personal digital wallet, you will also incur Ethereum network gas fees, as DAI is an ERC-20 token.

  • How can I ensure the security of my DAI after purchasing with MXN?

    For maximum security, transfer your DAI from the cryptocurrency exchange to a non-custodial digital wallet where you control the private keys. A hardware wallet is the most secure option. Be aware of smart contract risks inherent to any DeFi protocol and verify the authenticity of the platforms you use for the MXN to DAI fiat gateway transaction.
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