By Lisa Williams
Dai (CURRENCY:DAI) traded down 0.8% against the dollar during the twenty-four hour period ending at 21:00 PM Eastern on November 6th. One Dai token can now be purchased for $0.99 or 0.00023842 BTC on major exchanges including Kyber Network, Bancor Network, OasisDEX and Ethfinex. Dai has a market capitalization of $60.55 million and $6.41 million worth of Dai was traded on exchanges in the last day. During the last seven days, Dai has traded down 0.3% against the dollar.
Here’s how similar cryptocurrencies have performed during the last day:
- XRP (XRP) traded 4.5% higher against the dollar and now trades at $0.38 or 0.00009084 BTC.
- Stellar (XLM) traded up 7.7% against the dollar and now trades at $0.16 or 0.00003778 BTC.
- Tether (USDT) traded up 1.7% against the dollar and now trades at $1.00 or 0.00024016 BTC.
- Bitcoin SV (BSV) traded 11.9% higher against the dollar and now trades at $96.17 or 0.02305215 BTC.
- TRON (TRX) traded up 20.6% against the dollar and now trades at $0.0145 or 0.00000348 BTC.
- Binance Coin (BNB) traded 4.7% higher against the dollar and now trades at $5.23 or 0.00125307 BTC.
- NEO (NEO) traded up 10% against the dollar and now trades at $8.09 or 0.00193824 BTC.
- IOStoken (IOST) traded 0.3% lower against the dollar and now trades at $0.0396 or 0.00000526 BTC.
- VeChain (VET) traded 11.3% higher against the dollar and now trades at $0.0051 or 0.00000121 BTC.
- Maker (MKR) traded 11.6% higher against the dollar and now trades at $363.79 or 0.08719896 BTC.
Dai Token Profile
Dai launched on December 18th, 2017. Dai’s total supply is 60,878,884 tokens. Dai’s official message board is medium.com/@MakerDAO. 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.
Dai Token Trading
Dai can be bought or sold on these cryptocurrency exchanges: DDEX, Ethfinex, YoBit, Gate.io, Bibox, HitBTC, Gatecoin, Radar Relay, Bancor Network, Kyber Network, AirSwap and OasisDEX. It is usually not possible to buy alternative cryptocurrencies such as Dai directly using US dollars. Investors seeking to acquire Dai should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Dai using one of the aforementioned exchanges.
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