Last updated on April 11th, 2022
DAI is one of the stablecoins that is pegged to the US dollar, and it is a rather versatile currency that can be used on multiple networks.
If you are looking to add DAI to your Metamask wallet, there are actually 6 ways you can do so!
Here’s what you need to know.
Contents
- 1 Can I add DAI to my Metamask wallet?
- 2 How to add DAI to Metamask on the ERC20 network
- 3 How to add DAI to Metamask on the Binance Smart Chain
- 4 How to add DAI to Metamask on the Polygon Network
- 5 How to add DAI to Metamask on the Fantom Network
- 6 How to add DAI to Metamask on the Avalanche Network
- 7 How to add DAI to Metamask on the Harmony ONE Network
- 8 Conclusion
Can I add DAI to my Metamask wallet?
You are able to add DAI to your Metamask wallet on any networks that are compatible with the Ethereum network (e.g. Polygon and Fantom). However, you aren’t able to add DAI to your Metamask wallet using networks that are not compatible with the Ethereum network (e.g. Solana or Terra).
There are many networks that you can add DAI to, which you can view on the DAI page on CoinMarketCap.
You are able to add DAI to networks that are supported by Metamask, which are mainly those which are compatible with the Ethereum network.
However, DAI can exist on other networks, such as Solana and Terra. You will not be able to add these versions of DAI to your Metamask wallet since Metamask does not support them.
How to add DAI to Metamask on the ERC20 network
Here are 3 steps to add DAI to Metamask on the ERC20 network:
- Go to your Metamask wallet and ensure that you are using the Ethereum Mainnet
- Select ‘Import Tokens’, and then search for DAI
- Confirm the addition of DAI to your Metamask wallet
Go to your Metamask wallet and ensure that you are using the Ethereum Mainnet
The first thing you’ll need to do is to ensure that you are using the Ethereum Mainnet on Metamask.
This is the default network for all Metamask wallets. However, you are also able to connect Metamask to other blockchain networks, such as:
As such, do remember to be on the Ethereum Mainnet before moving on to the next step.
Select ‘Import Tokens’, and then search for DAI
Once you’re on the Ethereum Mainnet, the next step will be to select ‘Import Tokens‘.
On the ‘Search‘ tab, you can search and select DAI as the token that you wish to import.
Confirm the addition of DAI to your Metamask wallet
The last step you will need to do is to confirm importing DAI one more time.
Once you’ve successfully imported DAI to your Metamask wallet, you should see it as one of your assets under the Ethereum Mainnet.
This process is similar to adding other tokens, such as RARI or MANA.
How to add DAI to Metamask on the Binance Smart Chain
Here are 4 steps to add DAI to Metamask on the Binance Smart Chain:
- Go to Metamask and ensure that you are using the Binance Smart Chain
- Select ‘Import Tokens’, and then ‘Import Custom Token’
- Copy the Binance Smart Chain contract from CoinMarketCap
- Double check that DAI is detected and select ‘Add Custom Token’
Go to Metamask and ensure that you are using the Binance Smart Chain
The first thing you’ll need to do is to ensure that you are using the Binance Smart Chain on Metamask.
If you have not set up the Binance Smart Chain on your Metamask wallet, you can check out this step-by-step guide here.
Alternatively, you can view this video on how to add any new networks automatically with just one click:
Select ‘Import Tokens’, and then ‘Import Custom Token’
Once you’re on the Binance Smart Chain, the next step will be to select ‘Import Tokens‘.
On the Binance Smart Chain network, you are only able to import custom tokens.
This is different from adding tokens to the Ethereum Mainnet, where you can search for and automatically add tokens like MANA or SAND.
Copy the Binance Smart Chain contract from CoinMarketCap
For the next part, you can go to the DAI page on CoinMarketCap.
I prefer using CoinMarketCap to obtain the contract address, as it is one of the most reliable sites with regards to cryptocurrencies.
It is important that you ensure that the site where you’re obtaining the contract address from is a credible source!
There is a section called ‘Contracts‘, where you’ll see the BSC contract for DAI after clicking on ‘More’.
You can click on the contract and it will be copied to your clipboard.
Double check that DAI is detected and select ‘Add Custom Token’
Once you’ve copied the Contract Address, you can paste it in the ‘Token Contract Address‘ field in Metamask.
If you pasted the correct contract address, DAI should automatically appear as the Token Symbol.
After selecting ‘Add Custom Token‘, you will need to confirm importing DAI one more time.
Once you’ve successfully imported DAI to your Metamask wallet, you should see it as one of your assets under the Binance Smart Chain.
How to add DAI to Metamask on the Polygon Network
Here are 4 steps to add DAI to Metamask on the Polygon Network:
- Go to Metamask and ensure that you are using the Polygon Mainnet
- Select ‘Import Tokens’, and then ‘Import Custom Token’
- Copy the Polygon contract from CoinMarketCap
- Double check that DAI is detected and select ‘Add Custom Token’
And here is each step explained:
Go to Metamask and ensure that you are using the Polygon Mainnet
The first thing you’ll need to do is to ensure that you are using the Polygon Mainnet on Metamask.
If you have not set up the Polygon Mainnet on your Metamask wallet, you can check out this step-by-step guide here.
Select ‘Import Tokens’, and then ‘Import Custom Token’
Once you’re on the Polygon Mainnet, the next step will be to select ‘Import Tokens‘.
On the Polygon network, you are only able to import custom tokens.
Copy the Polygon contract from CoinMarketCap
For the next part, you can go to the DAI page on CoinMarketCap.
There is a section called ‘Contracts‘, where you’ll see the Polygon contract for DAI.
You can click on the contract and it will be copied to your clipboard.
Double check that DAI is detected and select ‘Add Custom Token’
Once you’ve copied the Contract Address, you can paste it in the ‘Token Contract Address‘ field in Metamask.
If you pasted the correct contract address, DAI should automatically appear as the Token Symbol.
After selecting ‘Add Custom Token‘, you will need to confirm importing DAI one more time.
Once you’ve successfully imported DAI to your Metamask wallet, you should see it as one of your assets under the Polygon Mainnet.
This is similar to how you would add KLIMA to Metamask.
How to add DAI to Metamask on the Fantom Network
Here are 4 steps to add DAI to Metamask on the Fantom Network:
- Go to Metamask and ensure that you are using the Fantom Network
- Select ‘Import Tokens’, and then ‘Import Custom Token’
- Copy the Fantom contract from CoinMarketCap
- Double check that DAI is detected and select ‘Add Custom Token’
And here is each step explained:
Go to Metamask and ensure that you are using the Fantom Network
The first thing you’ll need to do is to ensure that you are using the Fantom Network on Metamask.
If you have not set up the Fantom Network on your Metamask wallet, you can check out this step-by-step guide here.
Select ‘Import Tokens’, and then ‘Import Custom Token’
Once you’re on the Fantom Network, the next step will be to select ‘Import Tokens‘.
On the Fantom network, you are only able to import custom tokens.
Copy the Fantom contract from CoinMarketCap
For the next part, you can go to the DAI page on CoinMarketCap.
There is a section called ‘Contracts‘, where you’ll see the Fantom contract for DAI.
You can click on the contract and it will be copied to your clipboard.
Double check that DAI is detected and select ‘Add Custom Token’
Once you’ve copied the Contract Address, you can paste it in the ‘Token Contract Address‘ field in Metamask.
If you pasted the correct contract address, DAI should automatically appear as the Token Symbol.
After selecting ‘Add Custom Token‘, you will need to confirm importing DAI one more time.
Once you’ve successfully imported DAI to your Metamask wallet, you should see it as one of your assets under the Fantom Network.
How to add DAI to Metamask on the Avalanche Network
Here are 4 steps to add DAI to Metamask on the Avalanche Network:
- Go to Metamask and ensure that you are using the Avalanche Network
- Select ‘Import Tokens’, and then ‘Import Custom Token’
- Copy the Avalanche C-Chain contract from CoinMarketCap
- Double check that DAI is detected and select ‘Add Custom Token’
Go to Metamask and ensure that you are using the Avalanche Network
The first thing you’ll need to do is to ensure that you are using the Avalanche Network on Metamask.
If you have not set up the Avalanche Network on your Metamask wallet, you can check out this step-by-step guide here.
Select ‘Import Tokens’, and then ‘Import Custom Token’
Once you’re on the Avalanche Network, the next step will be to select ‘Import Tokens‘.
On the Avalanche network, you are only able to import custom tokens.
Copy the Avalanche C-Chain contract from CoinMarketCap
For the next part, you can go to the DAI page on CoinMarketCap.
There is a section called ‘Contracts‘, where you’ll need to view the Avalanche contract for DAI after clicking on ‘More‘.
You can click on the contract and it will be copied to your clipboard.
Double check that DAI is detected and select ‘Add Custom Token’
Once you’ve copied the Contract Address, you can paste it in the ‘Token Contract Address‘ field in Metamask.
If you pasted the correct contract address, DAI.e should automatically appear as the Token Symbol.
DAI.e is the DAI token that has been migrated to the Avalanche network.
After selecting ‘Add Custom Token‘, you will need to confirm importing DAI.e one more time.
Once you’ve successfully imported DAI to your Metamask wallet, you should see it as one of your assets under the Avalanche Network.
This is similar to how you would add JOE, TIME or MEMO to your Metamask wallet.
How to add DAI to Metamask on the Harmony ONE Network
Here are 4 steps to add DAI to Metamask on the Harmony ONE Network:
- Go to Metamask and ensure that you are using the Harmony Mainnet
- Select ‘Import Tokens’, and then ‘Import Custom Token’
- Copy the Harmony contract from CoinMarketCap
- Double check that DAI is detected and select ‘Add Custom Token’
And here is each step explained:
Go to Metamask and ensure that you are using the Harmony Mainnet
The first thing you’ll need to do is to ensure that you are using the Harmony Mainnet on Metamask.
If you have not set up the Harmony Network on your Metamask wallet, you can check out this step-by-step guide here.
Select ‘Import Tokens’, and then ‘Import Custom Token’
Once you’re on the Harmony Mainnet, the next step will be to select ‘Import Tokens‘.
On the Harmony network, you are only able to import custom tokens.
Copy the Harmony contract from CoinMarketCap
For the next part, you can go to the DAI page on CoinMarketCap.
There is a section called ‘Contracts‘, where you’ll see the Harmony contract for DAI.
You can click on the contract and it will be copied to your clipboard.
Double check that DAI is detected and select ‘Add Custom Token’
Once you’ve copied the Contract Address, you can paste it in the ‘Token Contract Address‘ field in Metamask.
If you pasted the correct contract address, 1DAI should automatically appear as the Token Symbol.
After selecting ‘Add Custom Token‘, you will need to confirm importing DAI one more time.
Once you’ve successfully imported DAI to your Metamask wallet, you should see it as one of your assets under the Harmony Mainnet.
Conclusion
There are quite a few ways for you to add DAI to your Metamask wallet. Depending on which network you intend to use DAI on, the process is rather similar.
You can use the same methods to add ETH and USDC to your Metamask wallet, since you are able to add the same currency under different networks.
Don’t forget to check that the contract address that you’re copying matches the network that you’ve selected!
After adding and receiving your tokens to your Metamask wallet, you can consider using decentralised exchange (DEX) aggregators, including:
Since both platforms are DeFi aggregators, they will ensure that you will get the best rates for any swaps that you make!
If you’re looking to generate tax reports for your crypto trades, you can consider using Koinly, which allows you to track your transactions from 350+ exchanges and 50+ crypto wallets.
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