USDT to DAI: Exchange Tether (ERC20) for Dai Without KYC

Looking to exchange Tether (ERC20) (USDT) to Dai (DAI) securely? At GhostSwap, the best Tether (ERC20) to Dai exchange platform, we make it easy with no KYC required, allowing you to convert USDT to DAI quickly and hassle-free

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USDT (ERC20)
USDT (ERC20)
DAI
DAI


⚠️ Enter the exact wallet you are sending from. Your funds must be sent from this address.

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Tether Ethereum Chain Logo
USDT (ERC20)
Tether (USDT) on Ethereum
Price:
$0.9994
24h Change:
0.02%
Market Cap:
$182.84B
Volume (24h):
$55.02B
Circulating Supply:
182.94B USDT (ERC20)
Dai Logo
DAI
Dai
Price:
$1.00
24h Change:
0.02%
Market Cap:
$4.54B
Volume (24h):
$12.99M
Circulating Supply:
4.54B DAI

Data by CoinGecko

USDT (ERC20) to DAI Exchange Rate

1 USDT (ERC20) = 0.999428 DAI

The 1 Tether (USDT) on Ethereum to Dai reference rate at market prices, before fees. The exact amount, minimum and maximum are shown in the exchange box before you send.

Live market rate

Going the other way? Swap DAI to USDT

Other ways to get Dai (DAI)

BTC to DAIETH to DAIUSDT TRC20 to DAIUSDC to DAISOL to DAILTC to DAIXMR to DAIZEC to DAIBNB to DAIXRP to DAIDOGE to DAITRX to DAI

More USDT swaps

USDT to XMRUSDT to BTCUSDT to ZECUSDT to LEOUSDT to BOMEUSDT to CROUSDT to PAXGUSDT to XLMUSDT to IMXUSDT to LTCUSDT to DASHUSDT to DEGEN

USDT to DAI Live Price Chart

USDT (ERC20)/DAI

Loading chart...

Reference market prices, updated live

USDT20

What is Tether (USDT) on Ethereum?

Tether on Ethereum (USDT ERC-20) is the most widely used stablecoin in cryptocurrency, pegged 1:1 to the US Dollar. USDT provides a stable store of value within the volatile crypto market, making it essential for traders who want to lock in profits or park funds without converting to fiat. As an ERC-20 token on Ethereum, USDT benefits from the broadest DeFi ecosystem support and the most exchange integrations of any stablecoin network. Note that Ethereum gas fees apply to ERC-20 USDT transfers.

DAI

What is Dai?

Dai (DAI) is a decentralized stablecoin maintained at a 1:1 peg with the US Dollar through the MakerDAO protocol on Ethereum. Unlike centralized stablecoins (USDT, USDC), Dai is not backed by bank deposits — instead, it's generated by locking up crypto collateral in Maker Vaults. This makes Dai censorship-resistant and truly decentralized, with no single entity able to freeze or blacklist tokens. DAI is widely used across DeFi for lending, borrowing, and as a stable medium of exchange.

USDT20 → DAI

Why Swap USDT for DAI?

Converting Tether (USDT) on Ethereum to Dai on GhostSwap gets you DAI without signing up for a centralized exchange or completing KYC verification. Your USDT (ERC20) converts to DAI directly, with no identity requirements.

Get Dai without an exchange account

Get Dai without creating exchange accounts or submitting ID documents.

About Dai

Unlike a dollar-pegged stablecoin, its price moves with the market.

Typical swap time

Most swaps are paid out within 10–25 minutes, with no exchange deposit queue and no withdrawal hold.

No sign-up or verification

GhostSwap processes your swap with just a wallet address. No accounts and no KYC.

Exchange USDT (ERC20) for DAI on GhostSwap. network fees vary based on blockchain congestion.

USDT20

Convert Tether (USDT) on Ethereum to Dai

USDT (ERC20)DAI at market price
25USDT (ERC20)24.9857DAI
50USDT (ERC20)49.9714DAI
100USDT (ERC20)99.9428DAI
250USDT (ERC20)249.8570DAI
500USDT (ERC20)499.7140DAI
1,000USDT (ERC20)999.4280DAI
5,000USDT (ERC20)4,997.14DAI
10,000USDT (ERC20)9,994.28DAI

At market prices of $0.999428 per USDT (ERC20) and $1.0000 per DAI (21 Oct 2026), 500 USDT (ERC20) is worth about 499.7140 DAI. Your exact amount, after network fees, is shown in the exchange box before you send.

DAI

Convert Dai to Tether (USDT) on Ethereum

DAIUSDT (ERC20) at market price
25DAI25.0143USDT (ERC20)
50DAI50.0286USDT (ERC20)
100DAI100.0572USDT (ERC20)
250DAI250.1431USDT (ERC20)
500DAI500.2862USDT (ERC20)
1,000DAI1,000.57USDT (ERC20)
5,000DAI5,002.86USDT (ERC20)
10,000DAI10,005.72USDT (ERC20)

Going the other way, 500 DAI is worth about 500.2862 USDT (ERC20) at the same prices.

How to Exchange Tether (ERC20) to Dai

Line Vector
Select Crypto Currency

Select USDT and DAI

Choose Tether (ERC20) in the “You Send” field, enter the amount, and select Dai in the “You Get” field.

Select Wallet Address
Line Vector

Enter Dai Address

Provide your Dai wallet address for receiving DAI.

Sent Crypto Currency
Line Vector

Send Tether (ERC20)

Send your USDT to the address provided to initiate the exchange.

Receive Crypto

Receive Dai

Once the exchange is complete, receive DAI in your wallet.

Popular swap pairs

Explore the most popular crypto exchange pairs, including BTC to ETH, ETH to XRP, and DOGE to USDT.

BTC
to
ETH
ETH
to
BTC
BTC
to
SOL
ETH
to
SOL
BTC
to
XMR
ETH
to
XMR
SOL
to
XMR
XMR
to
USDT
USDT
to
XMR
XMR
to
BTC
BTC
to
ZEC
ETH
to
ZEC
SOL
to
ZEC
ZEC
to
USDT
USDT
to
ZEC
ZEC
to
BTC
ETH
to
XRP
BTC
to
DOGE
DOGE
to
USDT
BTC
to
LTC
SHIB
to
PEPE
PEPE
to
USDT
SHIB
to
USDT
BONK
to
USDT
WIF
to
USDT
POPCAT
to
USDT
DOGE
to
SHIB

USDT to DAI: questions and answers

Everything you need to know about exchanging USDT (ERC20) to DAI on GhostSwap.

How long does it take to swap USDT to DAI on GhostSwap?
When you exchange Tether (ERC20) to Dai on GhostSwap, the process typically takes 2–5 minutes for your USDT to confirm on the Ethereum (ERC-20) network. Once confirmed, your Dai is sent to your wallet and arrives within 5–30 minutes depending on network congestion. Most USDT to DAI swaps are paid out within 10–25 minutes after you send; network congestion can occasionally add time, and the status page shows each step.
Do I need KYC or an account to exchange USDT to DAI?
No. GhostSwap is a non-custodial, no-KYC exchange. You can convert Tether (ERC20) to Dai without creating an account, uploading ID documents, or providing any personal information. Just enter your Dai wallet address, send your USDT, and receive your DAI, that's it.
What are the fees for converting Tether (ERC20) to Dai?
GhostSwap charges a small service fee that's already included in the exchange rate you see, there are no hidden fees. On top of that, USDT on Ethereum requires ETH gas fees. The swap box shows the estimated amount of DAI after fees before you send. The rate floats, so the final amount can differ slightly if the market moves before your deposit confirms.
What wallet should I use to receive DAI?
To receive Dai from your swap, we recommend using Trust Wallet, Exodus, or any wallet that supports Dai. Make sure your wallet supports the Dai network before starting the exchange. Double-check your DAI address before confirming, cryptocurrency transactions cannot be reversed.
Can I track my USDT to DAI swap?
Yes. After initiating your swap, GhostSwap provides a transaction status page where you can monitor progress in real-time. You can also track your USDT payment on Etherscan (https://etherscan.io) and your incoming DAI on the relevant blockchain explorer.
Is it safe to exchange USDT for DAI on GhostSwap?
Yes. GhostSwap is a non-custodial exchange, which means we never hold your funds or private keys. Your Tether (ERC20) is converted and sent directly to your Dai wallet address. Standard swaps need no account, email or ID, and all swaps run over encrypted connections.
Why swap USDT to DAI?
Converting Tether (ERC20) to Dai moves dollar-pegged funds into Dai. Unlike a stablecoin, its price moves with the market. GhostSwap needs no account on a centralized exchange and no KYC.
What happens if my USDT to DAI exchange fails?
In the rare case of a failed exchange, your USDT is refunded to the address you entered as the sender address. If something looks stuck, contact support with your swap ID from the status page. Most problems are caused by sending a different amount than shown or using an address on the wrong network.

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AAVE
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