About BIT and DAI
BitDAO is falling, while Dai is climbing this week. The current BIT to DAI conversion rate is 0.4243. Inversely, this means that if you convert 1 DAI you will get 2.36 BIT. The conversion rate of BIT/DAI has increased by 0.01% in the last hour (DAI/BIT decreased by 0.01%). In the last 24 hours, BIT/DAI shrunk by 1.5%, while DAI/BIT grew by the same amount.
The exchange rate of BitDAO is decreasing. The current value of 1 BIT is 0.4243 DAI. In other words, to buy 5 BitDAO, it would cost you 2.1216 DAI. Inversely, 1 DAI would allow you to trade for 2.36 BIT while 50 DAI would convert to 117.84 BIT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.36%. Meanwhile, in the last 24 hours, the rate has changed by 1.43%, and that the highest exchange rate of 1 BIT to DAI was 0.4314 DAI and the lowest 24 hour value was 1 BIT for 0.4188 DAI. Last month, 1 BIT was worth 0.4778 DAI. Today, it's down 12.61%. Looking back a year, BitDAO has changed by 0.7459 DAI. That means that in a single year, the value of BitDAO has shrank by 75.78%.
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 4:44 am
0.5 BIT = 0.2122 DAI |
1 BIT = 0.4243 DAI |
5 BIT = 2.12 DAI |
10 BIT = 4.24 DAI |
50 BIT = 21.22 DAI |
100 BIT = 42.43 DAI |
500 BIT = 212.16 DAI |
1,000 BIT = 424.31 DAI |
DAI to BIT values from Today at 4:44 am
0.5 DAI = 1.18 BIT |
1 DAI = 2.36 BIT |
5 DAI = 11.78 BIT |
10 DAI = 23.57 BIT |
50 DAI = 117.84 BIT |
100 DAI = 235.68 BIT |
500 DAI = 1,178.38 BIT |
1,000 DAI = 2,356.75 BIT |
BIT to DAI over time
BIT | Today | 24H -1.43% | 1M -12.61% | 1Y -75.78% |
|---|---|---|---|---|
0.5 BIT | 0.2122 DAI | 0.2152 DAI | 0.2389 DAI | 0.3729 DAI |
1 BIT | 0.4243 DAI | 0.4304 DAI | 0.4778 DAI | 0.7459 DAI |
5 BIT | 2.12 DAI | 2.15 DAI | 2.39 DAI | 3.73 DAI |
10 BIT | 4.24 DAI | 4.30 DAI | 4.78 DAI | 7.46 DAI |
50 BIT | 21.22 DAI | 21.52 DAI | 23.89 DAI | 37.29 DAI |
100 BIT | 42.43 DAI | 43.04 DAI | 47.78 DAI | 74.59 DAI |
500 BIT | 212.16 DAI | 215.19 DAI | 238.91 DAI | 372.93 DAI |
1,000 BIT | 424.31 DAI | 430.38 DAI | 477.82 DAI | 745.86 DAI |
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This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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