DAI to ETC conversion chart
Dai to Ethereum Classic correlation
DAI and ETC are not correlated to each other as ETC'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, ETC and DAI do not share a strong relationship.
DAI to ETC exchange margin
The closing conversion rate for DAI to ETC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 DAI to ETC would result in an output of 0.04518 ETC.
Enter the amount and provide your address
Enter the amount of DAI and click "Exchange". Provide the ETC wallet address.
Confirm your transaction
Check all the data once again and confirm your transaction.
Send DAI
ChangeHero will generate a deposit address, use your Wallet to send DAI there.
Wait for the exchange to complete
Wait a few minutes — your ETC is on the way to your Wallet!
Dai and Ethereum Classic comparison
Dai is a stablecoin built on the Ethereum blockchain, issued and governed by the MakerDAO. It keeps a 1:1 ratio with the US dollar by utilizing a mechanism maintaining its stability. Unlike other algorithmic stablecoins, the token is over-collateralized and secured with multiple cryptocurrencies. The DAI creators designed it to be a universal means of payment and wealth accumulation devoid of high volatility characteristic of altcoins.
The infamous DAO hack in the Ethereum blockchain resulted in a loss of millions of dollars in the form of Ether. In an attempt to roll back the mishap and recover the lost ETH, the community decided to perform a hard fork and adopt new rules. A few in the community were against this decision of reverting things in the blockchain as it contradicts the immutable nature of the blockchain. Nevertheless, the hard fork was performed and Ethereum adopted the new rules. But the people who objected to this stuck to the old chain and the chain was renamed the Ethereum Classic with the ticker ETC. In the history of blockchain, it’s the only hard fork that took place based on ethical values. To this day Ethereum Classic follows the “Code is Law” principle and doesn’t alter the way it works. The chain is also capable of smart contracts and building dApps.
Dai to Ethereum Classic price details
DAI to ETC Conversion Rate and Price
Currently, the conversion rate for 1 DAI equals to 0.04518 ETC. The 24-hour highest price of Dai in relation to ETC was 0.04529 ETC and the lowest was 0.04397 ETC. In short, DAI price in relation to ETC changed by 3.39%.
Instantly Exchange DAI to ETC
On ChangeHero you can instantly exchange Dai to Ethereum Classic without signup. You can easily convert DAI to ETC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your DAI to ETC exchange.
DAI to ETC Best Rate Exchange
In the Best Rate exchange of Dai to Ethereum Classic, we search through various exchanges for the DAI to ETC pair and find the best rate available in the market. We provide you with an estimation of the amount of ETC you will receive.
As soon as you accept the terms and the DAI is deposited, the exchange will be automatically processed. We remind you that the final amount of ETC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of DAI to ETC.
DAI to ETC Fixed Rate Conversion
In the Fixed Rate exchange of Dai to Ethereum Classic, ChangeHero finds a good rate for the pair DAI to ETC and fix the rate for up to 15 minutes. In the Best Rate exchange of DAI to ETC, you will receive the exact amount of ETC 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 ETC address. ChangeHero is the best place to exchange DAI to ETC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert DAI to ETC?
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 DAI to ETC?
No, you do not require an account to swap DAI to ETC on ChangeHero. There will be no registrations for your Dai to Ethereum Classic transaction.
Do I need to go through KYC procedures for DAI to ETC exchange?
There will be no KYC for the DAI to ETC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange ETC to DAI?
Yes, you can instantly exchange ETC to DAI on ChangeHero.