DAI to USD Converter

Price conversion of Dai Stablecoin from Ethereum cryptocurrency to US Dollar. As of Dec 25, 2024, 20:01 UTC, the exchange rate is 1 DAI equals $0.9932.

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Frequently Asked Questions

How much is 1 Dai Stablecoin from Ethereum in US Dollar?

According to the CoinBrain calculator, 1 DAI is $0.9932. We used the current 0.9932 Currency Exchange Rate. Last updated on Dec 25, 2024, 20:01 UTC.

Where can I learn more about Dai Stablecoin from Ethereum?

You can find all the important information about Dai Stablecoin from Ethereum right on the CoinBrain. Including information about Market Cap ($8,417,289), 24h trading volume , number of holders, contract safety check, information about social media, website, and more. Explore Dai Stablecoin from Ethereum now!

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

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

What factors determine Dai Stablecoin from Ethereum price?

The price of Dai Stablecoin from Ethereum 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 from Ethereum (DAI) fluctuate in the past day?

During the past 24 hours, conversion between 1 DAI to USD has been valued at a maximum of 1.0000 and a minimum of 0.9932 USD.

What does the DAIUSD rate mean?

DAIUSD suggests the price at which you can buy a Dai Stablecoin from Ethereum using US 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 from Ethereum to cash?

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