About DAI and PAY
Dai is falling, while TenX is climbing this week. The current DAI to PAY conversion rate is 2,499.48. Inversely, this means that if you convert 1 PAY you will get 0.0004001 DAI. The conversion rate of DAI/PAY has decreased by 0.01% in the last hour (PAY/DAI increased by 0.01%). In the last 24 hours, DAI/PAY shrunk by 0.02%, while PAY/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 2,499.48 PAY. In other words, to buy 5 Dai, it would cost you 12,497.41 PAY. Inversely, 1 PAY would allow you to trade for 0.0004001 DAI while 50 PAY would convert to 0.02 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.01%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 DAI to PAY was 2,500.96 PAY and the lowest 24 hour value was 1 DAI for 2,498.82 PAY. Last month, 1 DAI was worth 4,500.58 PAY. Today, it's down 80.06%. Looking back a year, Dai has changed by 807.64 PAY. That means that in a single year, the value of Dai has grown by 67.69%.
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.
TenX Market Stats
TenX is a payment platform that facilitates digital and physical modes of transaction for cryptocurrencies to any merchant, even if they don’t accept cryptocurrencies. Physical and digital modes of course, include bank accounts, wallets, debit cards, cash and much more. The primary agenda of the company is to make it easier and faster to use cryptocurrency and accelerate adoption for the industry. The TenX blockchain supports the PAY token, which is the fuel that runs the network and is the cryptocurrency using which transactions on the network are made. TenX came into existence in 2011 and was created by Toby Hoenisch. While at the university, he took a keen interest in cryptography though he believed that there was no success for cryptocurrencies.In 2012, Toby started trading Bitcoin when he got to know a member of bitcoin-community who was not able to open an account in bank and used TenX crypto currency instead. Toby Hoenisch and Michael Sperk started a one-bit start up in 2015 and introduced us to a debit card, through which payments with bitcoin could be done. Cryptocurrency adoption is a longstanding problem - with most cryptocurrencies remaining relegated to the realms of hype and not seeing real-world usage, not as much as the enthusiasts would like, at least. This is an important problem being solved by the TenX coin, which seeks to make it easy for the end user to use cryptocurrencies by removing the hurdles associated with keeping different wallets and using them separately. As with all other investments, it is wise to do your own research, but seeing that TenX seems to be solving unique problems, it may certainly be worth a look.
Conversion tables
DAI to PAY values from Today at 1:10 am
0.5 DAI = 1,249.74 PAY |
1 DAI = 2,499.48 PAY |
5 DAI = 12,497.41 PAY |
10 DAI = 24,994.81 PAY |
50 DAI = 124,974.06 PAY |
100 DAI = 249,948.13 PAY |
500 DAI = 1,249,740.63 PAY |
1,000 DAI = 2,499,481.25 PAY |
PAY to DAI values from Today at 1:10 am
0.5 PAY = 0.0002 DAI |
1 PAY = 0.0004001 DAI |
5 PAY = 0.002 DAI |
10 PAY = 0.004001 DAI |
50 PAY = 0.02 DAI |
100 PAY = 0.04001 DAI |
500 PAY = 0.20 DAI |
1,000 PAY = 0.4001 DAI |
DAI to PAY over time
DAI | Today | 24H -0.00% | 1M -80.06% | 1Y 67.69% |
|---|---|---|---|---|
0.5 DAI | 1,249.74 PAY | 1,249.77 PAY | 2,250.29 PAY | 403.82 PAY |
1 DAI | 2,499.48 PAY | 2,499.55 PAY | 4,500.58 PAY | 807.64 PAY |
5 DAI | 12,497.41 PAY | 12,497.73 PAY | 22,502.88 PAY | 4,038.20 PAY |
10 DAI | 24,994.81 PAY | 24,995.46 PAY | 45,005.76 PAY | 8,076.40 PAY |
50 DAI | 124,974.06 PAY | 124,977.31 PAY | 225,028.78 PAY | 40,382.00 PAY |
100 DAI | 249,948.13 PAY | 249,954.63 PAY | 450,057.57 PAY | 80,763.99 PAY |
500 DAI | 1,249,740.63 PAY | 1,249,773.14 PAY | 2,250,287.84 PAY | 403,819.96 PAY |
1,000 DAI | 2,499,481.25 PAY | 2,499,546.28 PAY | 4,500,575.67 PAY | 807,639.93 PAY |
Frequently asked questions
Right now, 1 Dai is worth about $0.9996.
Based on the current rate, you could get 1.00 DAI for 1 USD.
Dai price has been declining. Since yesterday, the exchange rate of Dai has decreased. Since last month, the exchange rate of Dai has decreased. Since this time last year, the price of Dai has decreased.
You can use our DAI to USD calculator at the top of this page to convert any amount of DAI to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.00 DAI. Inversely, 5 DAI will cost about $5.00
Dai is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Dai.
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