Convert Dai DAI to Wrapped Bitcoin WBTC
DAI to WBTC: 1 Dai converts to 0.000011 WBTC as of December 21 at 4:59 PM
About DAI and WBTC
Dai is falling, while Wrapped Bitcoin is climbing this week. The current DAI to WBTC conversion rate is 0.000011. Inversely, this means that if you convert 1 WBTC you will get 88,004.85 DAI. The conversion rate of DAI/WBTC has decreased by 0.19% in the last hour (WBTC/DAI increased by 0.19%). In the last 24 hours, DAI/WBTC shrunk by 0.07%, while WBTC/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.000011 WBTC. In other words, to buy 5 Dai, it would cost you 0.000057 WBTC. Inversely, 1 WBTC would allow you to trade for 88,004.85 DAI while 50 WBTC would convert to 4,400,242.64 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.75%. Meanwhile, in the last 24 hours, the rate has changed by 0.08%, which means that the highest exchange rate of 1 DAI to WBTC was 0.000011 WBTC and the lowest 24 hour value was 1 DAI for 0.000011 WBTC. Last month, 1 DAI was worth 0.000012 WBTC. Today, it's down 5.57%. Looking back a year, Dai has changed by 0.000010 WBTC. That means that in a single year, the value of Dai has grown by 9.18%.
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.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
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Conversion tables
DAI to WBTC values from Today at 4:59 pm
0.5 DAI = 0.00000568 WBTC |
1 DAI = 0.000011 WBTC |
5 DAI = 0.000057 WBTC |
10 DAI = 0.000114 WBTC |
50 DAI = 0.000568 WBTC |
100 DAI = 0.0011 WBTC |
500 DAI = 0.0057 WBTC |
1,000 DAI = 0.0114 WBTC |
WBTC to DAI values from Today at 4:59 pm
0.5 WBTC = 44,002.43 DAI |
1 WBTC = 88,004.85 DAI |
5 WBTC = 440,024.26 DAI |
10 WBTC = 880,048.53 DAI |
50 WBTC = 4,400,242.64 DAI |
100 WBTC = 8,800,485.28 DAI |
500 WBTC = 44,002,426.38 DAI |
1,000 WBTC = 88,004,852.76 DAI |
DAI to WBTC over time
DAI | Today | 24H -0.08% | 1M -5.57% | 1Y 9.18% |
|---|---|---|---|---|
0.5 DAI | 0.00000568 WBTC | 0.00000569 WBTC | 0.00000600 WBTC | 0.00000516 WBTC |
1 DAI | 0.000011 WBTC | 0.000011 WBTC | 0.000012 WBTC | 0.000010 WBTC |
5 DAI | 0.000057 WBTC | 0.000057 WBTC | 0.000060 WBTC | 0.000052 WBTC |
10 DAI | 0.000114 WBTC | 0.000114 WBTC | 0.000120 WBTC | 0.000103 WBTC |
50 DAI | 0.000568 WBTC | 0.000569 WBTC | 0.000600 WBTC | 0.000516 WBTC |
100 DAI | 0.0011 WBTC | 0.0011 WBTC | 0.0012 WBTC | 0.0010 WBTC |
500 DAI | 0.0057 WBTC | 0.0057 WBTC | 0.0060 WBTC | 0.0052 WBTC |
1,000 DAI | 0.0114 WBTC | 0.0114 WBTC | 0.0120 WBTC | 0.0103 WBTC |
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Frequently asked questions
How much is 1 Dai in SGD?
Right now, 1 Dai is worth about S$1.29.
How much DAI could I buy for 1 SGD?
Based on the current rate, you could get 0.77 DAI for 1 SGD.
How do I calculate or convert DAI to SGD?
You can use our DAI to SGD calculator at the top of this page to convert any amount of DAI to SGD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SGD is equivalent to 3.87 DAI. Inversely, 5 DAI will cost about S$6.46
How can I buy 1 Dai on Coinbase?
Dai is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Dai.
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Create a Coinbase account to buy and sell Dai on the most secure crypto exchange.
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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.