Convert Dai DAI to IoTeX IOTX
DAI to IOTX: 1 Dai converts to 38.90 IOTX as of June 9 at 7:13 PM
Dai (DAI) is not tradable on Coinbase.
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About DAI and IOTX
Dai is falling, while IoTeX is climbing this week. The current DAI to IOTX conversion rate is 38.9. Inversely, this means that if you convert 1 IOTX you will get 0.0257 DAI. The conversion rate of DAI/IOTX has increased by 0.21% in the last hour (IOTX/DAI decreased by 0.21%). In the last 24 hours, DAI/IOTX shrunk by 0.42%, while IOTX/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 38.90 IOTX. In other words, to buy 5 Dai, it would cost you 194.50 IOTX. Inversely, 1 IOTX would allow you to trade for 0.0257 DAI while 50 IOTX would convert to 1.29 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.82%. Meanwhile, in the last 24 hours, the rate has changed by 0.41%, which means that the highest exchange rate of 1 DAI to IOTX was 39.63 IOTX and the lowest 24 hour value was 1 DAI for 38.69 IOTX. Last month, 1 DAI was worth 37.24 IOTX. Today, it's up 4.28%. Looking back a year, Dai has changed by 19.02 IOTX. That means that in a single year, the value of Dai has grown by 51.12%.
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.