DAEMON Tools Lite actually offers a free version for personal use that includes basic emulation for up to 4 virtual devices.
If you need the advanced features of the "Pro" or "Ultra" versions, the only safe way to activate them is through the official license portal: DAEMON Tools Lite actually offers a free version
DAEMON Tools relies on low-level system drivers to emulate virtual drives. Modified versions can cause frequent Blue Screen of Death (BSOD) errors or permanent driver corruption. DAEMON Tools Lite actually offers a free version