LINK to DAI: Convert and Swap Chainlink (LINK) to Dai (DAI)

LINK

DAI

1 Chainlink equals $11.06 DAI

Last updated: November 3, 2024

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Compare Exchange Rates for LINK to DAI

Platform	Chainlink	Dai
Wirex	1 LINK	11.06 DAI
YouHodler	1 LINK	10.95 DAI

About Dai (DAI)

Dai is a decentralized, stablecoin cryptocurrency pegged to the value of the US dollar. Developed by MakerDAO, Dai is backed by a system of collateralized debt positions (CDPs), where users can lock up certain cryptocurrencies as collateral to borrow Dai. The value of Dai is maintained through a dynamic system of interest rates and liquidations, ensuring its stability against market fluctuations. Dai's decentralized nature and ease of conversion to other cryptocurrencies make it a highly versatile asset, enabling seamless transactions and hedging against price volatility.

More Dai (DAI) information

Chainlink (LINK) Market Stats

Market cap: $6.89B
24h trade volume: $403.88M
Price: $10.98
High (24h): $11.27
Low (24h): $10.88

Dai (DAI) Market Stats

Market cap: $3.30B
24h trade volume: $31.80M
Price: $1.00
High (24h): $1.00
Low (24h): $1.00

How to Buy Chainlink (LINK) with Dai (DAI)

To buy Chainlink using Dai, first, find a cryptocurrency exchange that supports the LINK/DAI trading pair, such as Wirex or YouHodler. Create an account, verify your identity, and deposit your DAI into your exchange wallet. Locate the LINK/DAI pair on the trading platform and place an order to exchange your Dai for Chainlink. If the LINK/DAI pair is unavailable, you can first exchange Dai for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Chainlink. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.

How to Sell Chainlink (LINK) for Dai (DAI)

To sell Chainlink for Dai, first, find a cryptocurrency exchange that supports the LINK/DAI trading pair, such as Wirex or YouHodler. Create an account, verify your identity, and deposit your LINK into your exchange wallet. Locate the LINK/DAI pair on the trading platform and place a sell order to exchange your Chainlink for Dai. If the LINK/DAI pair is unavailable, you can first sell Chainlink for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Dai. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.