Crypto

6 Ways You Can Add DAI To Metamask

Add DAI To Metamask

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.

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.

DAI Networks 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:

  1. Go to your Metamask wallet and ensure that you are using the Ethereum Mainnet
  2. Select ‘Import Tokens’, and then search for DAI
  3. 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.

Metamask Select Ethereum Mainnet

This is the default network for all Metamask wallets. However, you are also able to connect Metamask to other blockchain networks, such as:

  1. Polygon
  2. Fantom
  3. Binance Smart Chain
  4. Avalanche

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‘.

Metamask Select Import Token Ethereum

On the ‘Search‘ tab, you can search and select DAI as the token that you wish to import.

Metamask Search For DAI

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.

Metamask Confirm DAI ERC20

Once you’ve successfully imported DAI to your Metamask wallet, you should see it as one of your assets under the Ethereum Mainnet.

Metamask DAI ERC20 Added 1

This process is similar to adding other tokens, such as RARI or MANA.

How To Add DAI To Your Metamask Wal...
How To Add DAI To Your Metamask Wallet
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:

  1. Go to Metamask and ensure that you are using the Binance Smart Chain
  2. Select ‘Import Tokens’, and then ‘Import Custom Token’
  3. Copy the Binance Smart Chain contract from CoinMarketCap
  4. 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.

Metamask Select Binance Smart Chain

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‘.

Metamask Binance Smart Chain Import Token

On the Binance Smart Chain network, you are only able to import custom tokens.

Metamask Avalanche Import Custom Token

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’.

CoinMarketCap DAI Contract BSC

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.

Metamask DAI BSC Autofill

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.

Metamask Confirm Adding DAI BSC

Once you’ve successfully imported DAI to your Metamask wallet, you should see it as one of your assets under the Binance Smart Chain.

Metamask DAI Added BSC

How to add DAI to Metamask on the Polygon Network

Here are 4 steps to add DAI to Metamask on the Polygon Network:

  1. Go to Metamask and ensure that you are using the Polygon Mainnet
  2. Select ‘Import Tokens’, and then ‘Import Custom Token’
  3. Copy the Polygon contract from CoinMarketCap
  4. 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.

Metamask Select Polygon Mainnet

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‘.

Metamask Select Import Token Polygon

On the Polygon network, you are only able to import custom tokens.

Metamask Avalanche Import Custom Token

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.

CoinMarketCap DAI Polygon Contract

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.

Metamask DAI Polygon Add 1

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.

Metamask Add DAI Polygon

Once you’ve successfully imported DAI to your Metamask wallet, you should see it as one of your assets under the Polygon Mainnet.

Metamask DAI Added Polygon

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:

  1. Go to Metamask and ensure that you are using the Fantom Network
  2. Select ‘Import Tokens’, and then ‘Import Custom Token’
  3. Copy the Fantom contract from CoinMarketCap
  4. 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.

Metamask Fantom Network Add

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‘.

Metamask Fantom Import Tokens

On the Fantom network, you are only able to import custom tokens.

Metamask Avalanche Import Custom Token

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.

CoinMarketCap DAI Fantom Contract

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.

Metamask DAI Fantom Autofill

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.

Metamask Confirm DAI Fantom

Once you’ve successfully imported DAI to your Metamask wallet, you should see it as one of your assets under the Fantom Network.

Metamask DAI Fantom Added

How to add DAI to Metamask on the Avalanche Network

Here are 4 steps to add DAI to Metamask on the Avalanche Network:

  1. Go to Metamask and ensure that you are using the Avalanche Network
  2. Select ‘Import Tokens’, and then ‘Import Custom Token’
  3. Copy the Avalanche C-Chain contract from CoinMarketCap
  4. 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.

Metmask Select Avalanche Network

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‘.

Metamask Import Token Avalanche

On the Avalanche network, you are only able to import custom tokens.

Metamask Avalanche Import Custom Token

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‘.

Metamask DAI Avax Contract

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.

Metamask DAI Avax Autofill

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.

Metamask Add DAI Confirm

Once you’ve successfully imported DAI to your Metamask wallet, you should see it as one of your assets under the Avalanche Network.

Metamask Add DAI

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:

  1. Go to Metamask and ensure that you are using the Harmony Mainnet
  2. Select ‘Import Tokens’, and then ‘Import Custom Token’
  3. Copy the Harmony contract from CoinMarketCap
  4. 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.

Metamask Select Harmony Network

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‘.

Metamask Harmony Import Token

On the Harmony network, you are only able to import custom tokens.

Metamask Avalanche Import Custom Token

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.

CoinMarketCap DAI Harmony

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.

Metamask DAI Harmony Autofill

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.

Metamask Add DAI Harmony

Once you’ve successfully imported DAI to your Metamask wallet, you should see it as one of your assets under the Harmony Mainnet.

Metamask DAI Added Harmony
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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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