About BIT and DAI
BitDAO is climbing, while Dai is falling this week. The current BIT to DAI conversion rate is 0.5374. Inversely, this means that if you convert 1 DAI you will get 1.86 BIT. The conversion rate of BIT/DAI has decreased by 0.28% in the last hour (DAI/BIT increased by 0.28%). In the last 24 hours, BIT/DAI grew by 0.36%, while DAI/BIT shrunk by the same amount.
The exchange rate of BitDAO is increasing. The current value of 1 BIT is 0.5374 DAI. In other words, to buy 5 BitDAO, it would cost you 2.6872 DAI. Inversely, 1 DAI would allow you to trade for 1.86 BIT while 50 DAI would convert to 93.03 BIT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.97%. Meanwhile, in the last 24 hours, the rate has changed by 0.11%, and that the highest exchange rate of 1 BIT to DAI was 0.5427 DAI and the lowest 24 hour value was 1 BIT for 0.5321 DAI. Last month, 1 BIT was worth 0.706 DAI. Today, it's down 31.37%. Looking back a year, BitDAO has changed by 0.653 DAI. That means that in a single year, the value of BitDAO has shrank by 21.49%.
BitDAO Market Stats
BIT is an Ethereum token that governs BitDAO, a protocol designed to support builders of decentralized technologies. BitDAO plans to provide grants for development of decentralized technologies including DeFi apps, governance protocols, layer 1 or layer 2 blockchains, privacy, and NFTs. Proposals, treasury allocations, and protocol changes can be voted upon by BIT token holders. Note: Coinbase only supports BIT on the Ethereum blockchain (ERC-20).
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Conversion tables
BIT to DAI values from Today at 3:33 pm
0.5 BIT = 0.2687 DAI |
1 BIT = 0.5374 DAI |
5 BIT = 2.69 DAI |
10 BIT = 5.37 DAI |
50 BIT = 26.87 DAI |
100 BIT = 53.74 DAI |
500 BIT = 268.72 DAI |
1,000 BIT = 537.44 DAI |
DAI to BIT values from Today at 3:33 pm
0.5 DAI = 0.9303 BIT |
1 DAI = 1.86 BIT |
5 DAI = 9.30 BIT |
10 DAI = 18.61 BIT |
50 DAI = 93.03 BIT |
100 DAI = 186.07 BIT |
500 DAI = 930.33 BIT |
1,000 DAI = 1,860.66 BIT |
BIT to DAI over time
BIT | Today | 24H 0.11% | 1M -31.37% | 1Y -21.49% |
|---|---|---|---|---|
0.5 BIT | 0.2687 DAI | 0.2684 DAI | 0.353 DAI | 0.3265 DAI |
1 BIT | 0.5374 DAI | 0.5369 DAI | 0.706 DAI | 0.653 DAI |
5 BIT | 2.69 DAI | 2.68 DAI | 3.53 DAI | 3.26 DAI |
10 BIT | 5.37 DAI | 5.37 DAI | 7.06 DAI | 6.53 DAI |
50 BIT | 26.87 DAI | 26.84 DAI | 35.30 DAI | 32.65 DAI |
100 BIT | 53.74 DAI | 53.69 DAI | 70.60 DAI | 65.30 DAI |
500 BIT | 268.72 DAI | 268.43 DAI | 353.02 DAI | 326.48 DAI |
1,000 BIT | 537.44 DAI | 536.86 DAI | 706.03 DAI | 652.95 DAI |
Frequently asked questions
Right now, 1 BitDAO is worth about $0.5372.
Based on the current rate, you could get 1.86 BIT for 1 USD.
BitDAO price has been on the rise. Since yesterday, the exchange rate of BitDAO has increased. Since last month, the exchange rate of BitDAO has decreased. Since this time last year, the price of BitDAO has decreased.
You can use our BIT to USD calculator at the top of this page to convert any amount of BIT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 9.31 BIT. Inversely, 5 BIT will cost about $2.69
BitDAO is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy BitDAO.
There are a number of crypto assets that have the a similar or comparable market cap to BitDAO, including The Parallel, renZEC, and Moove Protocol. For a more robust list of assets to explore, jump to the asset page dedicated to BitDAO.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.