About BIT and DAI
BitDAO is falling, while Dai is climbing this week. The current BIT to DAI conversion rate is 0.4539. Inversely, this means that if you convert 1 DAI you will get 2.20 BIT. The conversion rate of BIT/DAI has decreased by 0.08% in the last hour (DAI/BIT increased by 0.08%). In the last 24 hours, BIT/DAI shrunk by 0.1%, while DAI/BIT grew by the same amount.
The exchange rate of BitDAO is decreasing. The current value of 1 BIT is 0.4539 DAI. In other words, to buy 5 BitDAO, it would cost you 2.2697 DAI. Inversely, 1 DAI would allow you to trade for 2.20 BIT while 50 DAI would convert to 110.15 BIT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 7.59%. Meanwhile, in the last 24 hours, the rate has changed by 0.1%, which means that the highest exchange rate of 1 BIT to DAI was 0.4546 DAI and the lowest 24 hour value was 1 BIT for 0.4537 DAI. Last month, 1 BIT was worth 0.4411 DAI. Today, it's up 2.82%. Looking back a year, BitDAO has changed by 1.28 DAI. That means that in a single year, the value of BitDAO has shrank by 182.01%.
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 5:08 pm
0.5 BIT = 0.227 DAI |
1 BIT = 0.4539 DAI |
5 BIT = 2.27 DAI |
10 BIT = 4.54 DAI |
50 BIT = 22.70 DAI |
100 BIT = 45.39 DAI |
500 BIT = 226.97 DAI |
1,000 BIT = 453.94 DAI |
DAI to BIT values from Today at 5:08 pm
0.5 DAI = 1.10 BIT |
1 DAI = 2.20 BIT |
5 DAI = 11.01 BIT |
10 DAI = 22.03 BIT |
50 DAI = 110.15 BIT |
100 DAI = 220.29 BIT |
500 DAI = 1,101.47 BIT |
1,000 DAI = 2,202.93 BIT |
BIT to DAI over time
BIT | Today | 24H -0.10% | 1M 2.82% | 1Y -182.01% |
|---|---|---|---|---|
0.5 BIT | 0.227 DAI | 0.2272 DAI | 0.2206 DAI | 0.6401 DAI |
1 BIT | 0.4539 DAI | 0.4544 DAI | 0.4411 DAI | 1.28 DAI |
5 BIT | 2.27 DAI | 2.27 DAI | 2.21 DAI | 6.40 DAI |
10 BIT | 4.54 DAI | 4.54 DAI | 4.41 DAI | 12.80 DAI |
50 BIT | 22.70 DAI | 22.72 DAI | 22.06 DAI | 64.01 DAI |
100 BIT | 45.39 DAI | 45.44 DAI | 44.11 DAI | 128.01 DAI |
500 BIT | 226.97 DAI | 227.19 DAI | 220.57 DAI | 640.07 DAI |
1,000 BIT | 453.94 DAI | 454.38 DAI | 441.13 DAI | 1,280.15 DAI |
Frequently asked questions
Right now, 1 BitDAO is worth about S$0.5805.
Based on the current rate, you could get 1.72 BIT for 1 SGD.
BitDAO price has been declining. Since yesterday, the exchange rate of BitDAO has decreased. Since last month, the exchange rate of BitDAO has increased. Since this time last year, the price of BitDAO has decreased.
You can use our BIT to SGD calculator at the top of this page to convert any amount of BIT to SGD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SGD is equivalent to 8.61 BIT. Inversely, 5 BIT will cost about S$2.90
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 Lydia Finance, Moonpot, and Pulsechain. 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.