Learn about DAI's differences and quotes

DAI

DAI

DAI price

1.0014

USD

 1.08

03 Dic, 2022

DAI statistics

Ranking

#16

Circulating supply

5,223,675,782

DAI

Market cap

5,224,654,114

USD

24h Volume

188,672,617

USD

All-time high

1.1526

USD

About DAI

DAI is a stablecoin that has its price anchored to the US dollar. That is, each DAI costs approximately 1 USD and may vary a litt...

Learn more about DAI

  • DAI Token or ETH: what's the difference?

    DAI is a stablecoin developed by MakerDAO. DAOs are organizations managed by the user community. The DAI token is based on the Ethereum network, so it is an asset that follows the standard of that network's protocol. ETH, in turn, is the native cryptocurrency of the Ethereum network and can be used as a means of payment within that blockchain. Unlike the DAI token which is priced around 1 USD, the price of ETH varies freely in the market.

  • What's the price of the DAI today?

    Since DAI is a stablecoin, its price is linked to the price of another asset. In this case, US dollars. Thus, 1 DAI is equivalent to approximately 1 USD. If you want to know the approximate value of 1 DAI in a different currency, just check the US dollar exchange rate against the currency you want to compare.

  • Is DAI considered a stablecoin?

    Yes, it is a stablecoin and a cryptoasset that has lower volatility compared to other types of cryptocurrencies. DAI uses other cryptocurrencies as collateral to guarantee its transactions, besides using its own mechanism to assure that its price is approximately 1 USD.

  • How to buy DAI?

    The safest way to buy and sell DAI is using the services of an exchange. Bitso is one of the fastest growing digital currency exchanges in Latin America. After registering on the Bitso website or app, you can buy DAI and other cryptocurrencies in a quick, simple and secure way, starting with 5 USD. If you need guidance, just contact our team of experts!