About BIT and DAI
BitDAO is climbing, while Dai is falling this week. The current BIT to DAI conversion rate is 0.5564. Inversely, this means that if you convert 1 DAI you will get 1.80 BIT. The conversion rate of BIT/DAI has decreased by 0.01% in the last hour (DAI/BIT increased by 0.01%). In the last 24 hours, BIT/DAI grew by 0.78%, while DAI/BIT shrunk by the same amount.
The exchange rate of BitDAO is increasing. The current value of 1 BIT is 0.5564 DAI. In other words, to buy 5 BitDAO, it would cost you 2.7822 DAI. Inversely, 1 DAI would allow you to trade for 1.80 BIT while 50 DAI would convert to 89.86 BIT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 14.6%. Meanwhile, in the last 24 hours, the rate has changed by 1.1%, and that the highest exchange rate of 1 BIT to DAI was 1.35 DAI and the lowest 24 hour value was 1 BIT for 0.5489 DAI. Last month, 1 BIT was worth 0.5771 DAI. Today, it's down 3.71%. Looking back a year, BitDAO has changed by 2.20 DAI. That means that in a single year, the value of BitDAO has shrank by 295.87%.
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 4:56 am
0.5 BIT = 0.2782 DAI |
1 BIT = 0.5564 DAI |
5 BIT = 2.78 DAI |
10 BIT = 5.56 DAI |
50 BIT = 27.82 DAI |
100 BIT = 55.64 DAI |
500 BIT = 278.22 DAI |
1,000 BIT = 556.45 DAI |
DAI to BIT values from Today at 4:55 am
0.5 DAI = 0.8986 BIT |
1 DAI = 1.80 BIT |
5 DAI = 8.99 BIT |
10 DAI = 17.97 BIT |
50 DAI = 89.86 BIT |
100 DAI = 179.71 BIT |
500 DAI = 898.56 BIT |
1,000 DAI = 1,797.11 BIT |
BIT to DAI over time
BIT | Today | 24H 1.10% | 1M -3.71% | 1Y -295.87% |
|---|---|---|---|---|
0.5 BIT | 0.2782 DAI | 0.2752 DAI | 0.2885 DAI | 1.10 DAI |
1 BIT | 0.5564 DAI | 0.5503 DAI | 0.5771 DAI | 2.20 DAI |
5 BIT | 2.78 DAI | 2.75 DAI | 2.89 DAI | 11.01 DAI |
10 BIT | 5.56 DAI | 5.50 DAI | 5.77 DAI | 22.03 DAI |
50 BIT | 27.82 DAI | 27.52 DAI | 28.85 DAI | 110.14 DAI |
100 BIT | 55.64 DAI | 55.03 DAI | 57.71 DAI | 220.28 DAI |
500 BIT | 278.22 DAI | 275.16 DAI | 288.54 DAI | 1,101.40 DAI |
1,000 BIT | 556.45 DAI | 550.32 DAI | 577.08 DAI | 2,202.80 DAI |
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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.