About BIT and DAI
BitDAO is falling, while Dai is climbing this week. The current BIT to DAI conversion rate is 0.4202. Inversely, this means that if you convert 1 DAI you will get 2.38 BIT. The conversion rate of BIT/DAI has increased by 0.04% in the last hour (DAI/BIT decreased by 0.04%). In the last 24 hours, BIT/DAI shrunk by 1.59%, while DAI/BIT grew by the same amount.
The exchange rate of BitDAO is decreasing. The current value of 1 BIT is 0.4202 DAI. In other words, to buy 5 BitDAO, it would cost you 2.1012 DAI. Inversely, 1 DAI would allow you to trade for 2.38 BIT while 50 DAI would convert to 118.98 BIT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.6%. Meanwhile, in the last 24 hours, the rate has changed by 1.58%, and that the highest exchange rate of 1 BIT to DAI was 0.4271 DAI and the lowest 24 hour value was 1 BIT for 0.4194 DAI. Last month, 1 BIT was worth 0.4703 DAI. Today, it's down 11.91%. Looking back a year, BitDAO has changed by 0.7187 DAI. That means that in a single year, the value of BitDAO has shrank by 71.02%.
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 12:30 pm
0.5 BIT = 0.2101 DAI |
1 BIT = 0.4202 DAI |
5 BIT = 2.10 DAI |
10 BIT = 4.20 DAI |
50 BIT = 21.01 DAI |
100 BIT = 42.02 DAI |
500 BIT = 210.12 DAI |
1,000 BIT = 420.23 DAI |
DAI to BIT values from Today at 12:29 pm
0.5 DAI = 1.19 BIT |
1 DAI = 2.38 BIT |
5 DAI = 11.90 BIT |
10 DAI = 23.80 BIT |
50 DAI = 118.98 BIT |
100 DAI = 237.96 BIT |
500 DAI = 1,189.82 BIT |
1,000 DAI = 2,379.64 BIT |
BIT to DAI over time
BIT | Today | 24H -1.58% | 1M -11.91% | 1Y -71.02% |
|---|---|---|---|---|
0.5 BIT | 0.2101 DAI | 0.2134 DAI | 0.2351 DAI | 0.3593 DAI |
1 BIT | 0.4202 DAI | 0.4269 DAI | 0.4703 DAI | 0.7187 DAI |
5 BIT | 2.10 DAI | 2.13 DAI | 2.35 DAI | 3.59 DAI |
10 BIT | 4.20 DAI | 4.27 DAI | 4.70 DAI | 7.19 DAI |
50 BIT | 21.01 DAI | 21.34 DAI | 23.51 DAI | 35.93 DAI |
100 BIT | 42.02 DAI | 42.69 DAI | 47.03 DAI | 71.87 DAI |
500 BIT | 210.12 DAI | 213.43 DAI | 235.14 DAI | 359.35 DAI |
1,000 BIT | 420.23 DAI | 426.86 DAI | 470.28 DAI | 718.69 DAI |
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