ALGO to DAI is the standard step out of Algorand into dollar-pegged value. U.CASH compares live offers across instant-exchange partners and shows the best DAI receive amount before you commit. Send ALGO to the deposit address, and the DAI arrives at an Ethereum address (0x…), with no account and no extension required.
Algorand to Dai: FAQ
How does an ALGO to DAI swap work?
Enter your ALGO amount and your DAI address, then confirm. U.CASH finds the partner with the best live offer, gives you an Algorand deposit address, and DAI is sent to your address once the deposit confirms.
Do I need a wallet extension to swap ALGO for DAI?
No. The instant rail only needs the two addresses: an Algorand address (58-character base32) for the deposit and refunds, and an Ethereum address (0x…) to receive the DAI.
How long does a ALGO to DAI exchange take?
Algorand settles with ~3 second finality, so the trade is usually waiting on the payout leg: most instant exchanges complete within ten to thirty minutes, tracked live on the status screen.
Learn more:Algorand on U.CASH · Dai on U.CASH
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