ALCX to DAI conversion chart
Alchemix to DAI correlation
DAI and ALCX are not correlated to each other as ALCX's value depends on supply and demand. Whereas, DAI is a stablecoin that is backed by traditional fiats like the dollar and the euro. DAI’s value remains the same, which is $1 regardless of the market conditions. Hence, ALCX and DAI do not share a strong relationship.
ALCX to DAI exchange margin
The closing conversion rate for ALCX to DAI yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 ALCX to DAI would result in an output of 21.43 DAI.
Enter the amount and provide your address
Enter the amount of ALCX and click "Exchange". Provide the DAI wallet address.
Confirm your transaction
Check all the data once again and confirm your transaction.
Send ALCX
ChangeHero will generate a deposit address, use your Wallet to send ALCX there.
Wait for the exchange to complete
Wait a few minutes — your DAI is on the way to your Wallet!
Alchemix and DAI comparison
Alchemix is a CeFi lending protocol with the function to have loans be repaid automatically. Under the hood, it uses yearn.finance to generate yield, it accepts DAI and loans alUSD in return. For governance, it uses the ALCX token.
DAI is a crypto-collateralized stablecoin soft-pegged to USD. It means that while its price is always roughly equal to $1, its value is not backed by USD but by other cryptocurrencies. In DAI’s case, it is the cryptocurrencies locked into the Maker protocol as the collateral.
Alchemix to DAI price details
ALCX to DAI Conversion Rate and Price
Currently, the conversion rate for 1 ALCX equals to 21.43 DAI. The 24-hour highest price of Alchemix in relation to DAI was 22.31 DAI and the lowest was 20.89 DAI. In short, ALCX price in relation to DAI changed by 3.68%.
Instantly Exchange ALCX to DAI
On ChangeHero you can instantly exchange Alchemix to DAI without registrations. You can easily convert ALCX to DAI in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your ALCX to DAI exchange.
ALCX to DAI Best Rate Exchange
In the Best Rate exchange of Alchemix to DAI, we search through various exchanges for the ALCX to DAI pair and find the best rate available in the market. We provide you with an estimation of the amount of DAI you will receive.
As soon as you accept the terms and the ALCX is deposited, the exchange will be automatically processed. We remind you that the final amount of DAI you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of ALCX to DAI.
ALCX to DAI Fixed Rate Conversion
In the Fixed Rate exchange of Alchemix to DAI, ChangeHero finds a good rate for the pair ALCX to DAI and fix the rate for up to 15 minutes. In the Best Rate exchange of ALCX to DAI, you will receive the exact amount of DAI which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned DAI address. ChangeHero is the best place to exchange ALCX to DAI fast and safe at the best rates.
Frequently asked questions
How long does it take to convert ALCX to DAI?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange ALCX to DAI?
No, you do not require an account to swap ALCX to DAI on ChangeHero. There will be no registrations for your Alchemix to DAI transaction.
Do I need to go through KYC procedures for ALCX to DAI exchange?
There will be no KYC for the ALCX to DAI exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange DAI to ALCX?
Yes, you can instantly exchange DAI to ALCX on ChangeHero.
