Convert Dai DAI to Ethereum Classic ETC
DAI to ETC: 1 Dai converts to 0.0603 ETC as of June 6 at 6:42 AM
About DAI and ETC
Dai is climbing, while Ethereum Classic is falling this week. The current DAI to ETC conversion rate is 0.0603. Inversely, this means that if you convert 1 ETC you will get 16.59 DAI. The conversion rate of DAI/ETC has decreased by 0.18% in the last hour (ETC/DAI increased by 0.18%). In the last 24 hours, DAI/ETC grew by 3.79%, while ETC/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 0.0603 ETC. In other words, to buy 5 Dai, it would cost you 0.3014 ETC. Inversely, 1 ETC would allow you to trade for 16.59 DAI while 50 ETC would convert to 829.58 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.81%. Meanwhile, in the last 24 hours, the rate has changed by 3.6%, which means that the highest exchange rate of 1 DAI to ETC was 0.0619 ETC and the lowest 24 hour value was 1 DAI for 0.0572 ETC. Last month, 1 DAI was worth 0.0627 ETC. Today, it's down 4.08%. Looking back a year, Dai has changed by 0.0369 ETC. That means that in a single year, the value of Dai has grown by 38.74%.
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.