Dai (DAI) 24 Hour Trading Volume Hits $362.48 Million

Dai (CURRENCY:DAI) traded 0.1% higher against the dollar during the 1 day period ending at 16:00 PM E.T. on January 14th. In the last week, Dai has traded 0.1% higher against the dollar. Dai has a market capitalization of $9.51 billion and approximately $362.48 million worth of Dai was traded on exchanges in the last 24 hours. One Dai coin can now be bought for approximately $1.00 or 0.00002315 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

  • Polygon (MATIC) traded 1.7% higher against the dollar and now trades at $2.33 or 0.00005383 BTC.
  • Binance USD (BUSD) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00002317 BTC.
  • Polygon (MATIC) traded flat against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Chainlink (LINK) traded 0.5% higher against the dollar and now trades at $25.01 or 0.00057893 BTC.
  • Crypto.com Coin (CRO) traded 1.1% lower against the dollar and now trades at $0.45 or 0.00001053 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • Fantom (FTM) traded 1.3% lower against the dollar and now trades at $2.96 or 0.00006840 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • FTX Token (FTT) traded 8% higher against the dollar and now trades at $44.38 or 0.00102723 BTC.

About Dai

Dai is a coin. It was first traded on November 18th, 2019. Dai’s total supply is 9,502,841,536 coins. Dai’s official website is www.makerdao.com. The Reddit community for Dai is /r/makerDAO and the currency’s Github account can be viewed here. Dai’s official Twitter account is @MakerDAO and its Facebook page is accessible here. Dai’s official message board is medium.com/@MakerDAO.

According to CryptoCompare, “Multi Collateral Dai (DAI) is a multi collateral-backed cryptocurrency. It was created by the Maker, a smart contract platform on the Ethereum blockchain, to enable anyone to leverage their Ethereum assets and generate MCD tokens on the Maker Platform. Once generated, MCD can be used in the same manner as any other cryptocurrency. “

Dai Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Dai directly using US dollars. Investors seeking to trade Dai should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dai using one of the exchanges listed above.

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