DAI to CAD Converter

Price conversion of Dai Stablecoin cryptocurrency to Canadian Dollar. As of May 18, 2024, 22:58 UTC, the exchange rate is 1 DAI equals CA$0.2037.

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Frequently Asked Questions

How much is 1 Dai Stablecoin in Canadian Dollar?

According to the CoinBrain calculator, 1 DAI is CA$0.2037. We used the current 0.2037 Currency Exchange Rate. Last updated on May 18, 2024, 22:58 UTC.

Where can I learn more about Dai Stablecoin?

You can find all the important information about Dai Stablecoin right on the CoinBrain. Including information about Market Cap ($5,205,969), 24h trading volume ($5,039.64), number of holders, contract safety check, information about social media, website, and more. Explore Dai Stablecoin now!

Where I can buy Dai Stablecoin with the best exchange rate?

CoinBrain Trade offers cryptocurrency swap with the best rates on the market. Trade Dai Stablecoin now!

What factors determine Dai Stablecoin price?

The price of Dai Stablecoin is primarily affected by its supply and demand on the market. Demand is determined by the overall market situation, availability of the coin on centralized exchanges, demand for competing cryptocurrencies, and investor sentiment.

How did the exchange rate of Dai Stablecoin (DAI) fluctuate in the past day?

During the past 24 hours, conversion between 1 DAI to CAD has been valued at a maximum of 1.3610 and a minimum of 0.2037 CAD.

What does the DAICAD rate mean?

DAICAD suggests the price at which you can buy a Dai Stablecoin using Canadian Dollar. This price level is constantly changing based on the supply and demand of both currencies. With CoinBrain, you can follow the DAI rates in real-time and analyze this trading pair by using our interactive chart.

How to convert Dai Stablecoin to cash?

If you need to cash out, there are basically two options for how to exchange the Dai Stablecoin into a Canadian Dollar. First, you can swap it peer-to-peer with a person who's interested in buying Dai Stablecoin for fiat money. Generally, this option is more anonymous, but it is also less secure. Second, you can sell Dai Stablecoin on specialized crypto exchange platforms such as Binance, Coinbase, Crypto.com or FTX. In case Dai Stablecoin is not listed yet, you might need to swap it into FTM first by using one of the decentralized exchanges.