Buy XDAI with CZK

Buy
XDAI
with CZK
No hidden fees. Buy at true cost
No registration. Simplified process
Fast verification. AI-based algorithm
Protected transactions
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Fair pricing

You always get the amount stated in the You Receive field. No hidden fees or extra charges.

High limits

Up to 5,000 EUR per transaction
or 15,000 EUR per month

How to buy XDAI

How to buy xDai for CZK

There is nothing easier rather than buying xDai for CZK at Utorg. You need to follow the mentioned below guideline to get the work done.

It is necessary to conduct your order in the first place. It means that you need to set up the currency pair (xDai- [валюта]) and enter the amount of cryptocurrency you want to buy or the amount of money you are going to spend. 

After that, you will be asked to provide the service with your actual email address, which is needed to be verified. 

The next stage requires you to complete the payment. Simply enter the required details about your credit or debit card and confirm the transaction. As a result, the money will be reserved for this purchase.

Then, the service will request you to identify yourself. Upload one of your documents (whether it is your ID card or driving license) and complete the liveness check. 

Check out your wallet - xDai tokens are already there.

Wallets to keep xDai safe

To be able to buy this crypto, it is a mandatory step to have your personal xDai wallet where you are going to keep this digital asset. In our contemporary time, there are plenty of options among which you can pick the most suitable wallet type. You can either give your preference to a hardware wallet or use a software wallet.  

Most people use software wallets because these wallets are easy to have and easy to access.

Make a new xDai wallet

It is an extremely easy task to create a new wallet to keep your Dai crypto. The process of creating the new one requires you to follow three elementary actions:

  • Download the xDai wallet to your gadget (it can be TrustWallet or something like this).
  • Launch the downloaded wallet.
  • Follow the instructions to create a new one.

Generally, this process will take a few minutes of your time, and you can keep your xDai tokens there.

Completed your order - what is next?

Bear in mind that purchasing any crypto is a procedure that requires time. As of the nature of the Blockchain, it takes some time (approximately 20 minutes) until xDai coins will be on your crypto wallet. It can also happen that this waiting time can be longer because of the overloaded servers. So, you need to be patient a little bit and just wait.

Is the purchase of xDai secure at Utorg?

Absolutely! Since Utorg is an EU-based licensed fintech company, it already gives you a hint that it is a reliable place to buy xDai for a reasonable price. Additionally, the in-built anti-money laundering system and the mandatory KYC (Know Your Customer) verification add some sort of credibility to the service. And obtaining the valid level 2 РСI DSS certificate shows that Utorg regularly passes the audit by a reputable regulator, ensuring that all the personal data is safe and secure.

Several recommendations to keep your xDai crypto safe

Dealing with Dai crypto or any other token, there are always people who would like to have access to your wallet and spend your digital assets for their purposes. And to avoid this or at least decrease the level of insecurity, it is advisable to take into account the following recommendations:

  • Change your password regularly;
  • Do not share your password with anyone;
  • Do not use any insecure Internet connection.

Step-by-Step guide

01

Things you need to have

Before you step into the decentralized world of crypto and convert your Dai to CZK, you need to make sure that you have the following things:

  1. A downloaded and created xDai wallet.
  2. An actual email address.
  3. A valid Mastercard or Visa credit/debit card.
  4. A copy of your valid ID or driving license.
  5. A web camera.
02

Set up your order

On the main page of the official website, you will see a special order form, which is needed to be filled in. It means that you need to set up a currency pair (on the side of crypto, it is necessary to choose xDai, and on the side of fiat money - CZK).

In addition, it is required to specify the amount of money you want to invest into this purchase or the amount of crypto (xDai) you want to receive. The Dai exchange rate will be displayed under the Buy xDai button. And what is more important, you need to enter a wallet address where your crypto will come.

03

Verify your email address

You will be asked to enter your relevant email address during this stage. Keep in mind that it is highly recommended to enter the right one because a verification code will be sent to this email address. You need to enter this code to verify the reliability of the data provided. And the great news is that there is no need to create a new account because it will be created automatically.

04

Make a payment

To buy your first xDai coin, it is necessary to process a payment. After successfully verifying your email, it is a mandatory step to enter the details of your credit/debit card details. It means that you need to enter your First Name, Last Name, the number of your card (IBAN), as well as the Beneficiary Address. After doing this and confirming the payment (every bank, has almost the same process of confirmation), the required sum for this purchase will be reserved (the pre-authorization of funds).

05

Complete KYC verification

One more mandatory action is KYC verification. To complete the purchasing of your xDai coin, one must pass the KYC verification and get at least Level 1. To do this, you need to upload one of the following documents to the system:

  • A copy of your ID card;
  • A copy of your driving license.

Consequently, you will be asked to go through the liveness check. You need to turn on your web camera and rotate your head a few times. The AI-based software will analyze this information and verify your identity. Thanks to this innovative technology, the verification process will take about a few minutes of your time. Remember that it is a one-time procedure - once you complete it, you can buy xDai without the need to do it again.

06

Check your wallet

When all steps mentioned above are behind and completed, the only thing that remains is to have a little patience. Your crypto will not be instantly credited to your wallet, so you must wait around 15-20 minutes. Take into account that when there are a lot of requests on the server, this awaiting time can be longer.

Frequently asked questions

How long does it take to buy xDai for CZK at Utorg?

The process of buying any xDai coin at Utorg is instant (if you have already signed up on the website). For newcomers, this process may take up to several minutes because there is a need to go through a few mandatory stages. First of all, every new user should create a new account at Utorg. The registration is simple and quick. And secondly, it is required to get KYC verification (to verify the user’s identity). The verification also takes several minutes. In general, the purchasing procedure is fast.

Why do I need to verify my identity before buying xDai for fiat money?

The verification process is a mandatory step, and no single exchange company allows you to buy an xDai token without KYC verification. This measure is compulsory for a few simple reasons: to prevent fraud and decrease the level of money laundering and terrorism financing. That is why this process is inevitable, and it is impossible to buy xDai coins without verification.

Should I pay any fee while purchasing xDai on your website?

No, you should not pay any fee while purchasing xDai on our website. While many other exchange services that give the option to buy this cryptocurrency charge their users an additional amount of money for every transaction they make, Utorg works entirely differently. The service allows users to purchase xDai without applying additional fees. And it is excellent news because you do not need to pay more. However, your bank, may charge you a fixed fee, so pay attention to this moment.

What should I do if my bank rejects the payment?

To buy an xDai token at Utorg, you need to complete payment. However, there are cases when your bank rejects this payment. So, what do you need to do in this case?

First and foremost, checking the balance on your bank account is advisable since there cannot be enough money to process this financial operation. Secondly, it is worth trying to process a payment one more time (maybe there were some technical issues). And finally, you can pay with the help of another credit or debit card. It may help to fix the issue.

How can I convert Dai to CZK?

To buy xDai for fiat money is an easy task. You need to go to the official website of Utorg and go through a few simple but straightforward steps: to conduct a buying order, verify your email address, and buy xDai. That is all that is required from your side. And this process takes a few minutes of your time.

Can I buy xDai without verification of my identity?

Unfortunately, it is impossible to buy xDai without passing the KYC verification process. If you deal with the monthly turnover, it is required to get the KYC Level 1 verification first. While dealing with a more considerable amount of money, there is a need to have higher verification levels.

How much crypto at a time?

We use limits to prevent money laundering and financing of terrorism. Full information is available here. Here is the summary:

  • Within any given 24 hours you can make 12 transactions paid with the same credit or debit card, or alternative payment method;
  • For a single transaction your limit is 7,999 euros or equivalent in the deal amount;
  • For the monthly allowance (meaning any given 30 days, again, not a calendar month), check your verification level specified in your profile. To buy more, move to another level by providing more information about yourself.
Live chat support
Our support team is ready to help you
via email at every step of the way
Live chat support
Our support team is ready to help you
via email at every step of the way