DAI to LTC conversion chart
Dai to Litecoin correlation
DAI and LTC are not correlated to each other as LTC'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, LTC and DAI do not share a strong relationship.
DAI Price Change and Market Cap
Currently, the DAI price is 0.009097 LTC and the 24-hour change is 0.66%. The market cap of Dai today is $8 with a total of 7.871 units in circulation. In the past 24 hours, the DAI price peaked at 0.009419 LTC and the lowest price was 0.008399 LTC.
Dai Price Prediction
DAI is a stablecoin built on the Ethereum blockchain. In contrast to other stablecoins, DAI is not pegged to fiat currencies. DAI is backed by Maker to keep the price of DAI stable at $1. The price of DAI is regulated by the issuance and burning of the MKR tokens. Due to this backing by another cryptocurrency, DAI price will always be the same, $1, even in the long run.
DAI Wallets
Did you know that popular cryptocurrency wallets such as Trezor, Coolwallet S and Exodus have already integrated ChangeHero? Yes, with these wallets you can track live DAI price and also exchange it without leaving the application. Pick one which suits you best and enjoy crypto exchange on the go.
DAI to LTC exchange margin
The closing conversion rate for DAI to LTC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 DAI to LTC would result in an output of 0.009097 LTC.
How to convert Dai to Litecoin
Dai and Litecoin 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.
Widely known as Bitcoin Lite, Litecoin was created by Charlie Lee in 2011 based on the Bitcoin source code. Contrary to the popular beliefs of being a Bitcoin fork, technically it’s not a fork and doesn’t share any transaction records with the former. Litecoin uses the Proof-of-Work algorithm for mining and also undergoes halvings to regulate the flow of new coins into the market. The network is also capable of conducting atomic swaps, and exchanging crypto without any intermediaries. Litecoin trades with the ticker LTC and can be used to trade and pay at stores. Litecoin aims to be a digital currency that can be spent anywhere in the world with quick processing times and cheaper fees.
What is Dai?
The Dai stablecoin is a collateral-backed cryptocurrency whose value is stable relative to the US Dollar through a series of complementary financial incentives. The currency lives entirely on the blockchain; its stability does not depend on any locality, and its solvency does not depend on any trusted counterparties. All Dai is supported by a surplus of collateral, which has been escrowed into audited and publicly viewable Ethereum smart contracts.
Dai to Litecoin price details
DAI to LTC Conversion Rate and Price
Currently, the conversion rate for 1 DAI equals to 0.009097 LTC. The 24-hour highest price of Dai in relation to LTC was 0.009419 LTC and the lowest was 0.008399 LTC. In short, DAI price in relation to LTC changed by 0.66%.
Instantly Exchange DAI to LTC
On ChangeHero you can instantly exchange Dai to Litecoin without signup. You can easily convert DAI to LTC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your DAI to LTC exchange.
DAI to LTC Best Rate Exchange
In the Best Rate exchange of Dai to Litecoin, we search through various exchanges for the DAI to LTC pair and find the best rate available in the market. We provide you with an estimation of the amount of LTC 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 LTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of DAI to LTC.
DAI to LTC Fixed Rate Conversion
In the Fixed Rate exchange of Dai to Litecoin, ChangeHero finds a good rate for the pair DAI to LTC and fix the rate for up to 15 minutes. In the Best Rate exchange of DAI to LTC, you will receive the exact amount of LTC 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 LTC address. ChangeHero is the best place to exchange DAI to LTC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert DAI to LTC?
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 LTC?
No, you do not require an account to swap DAI to LTC on ChangeHero. There will be no registrations for your Dai to Litecoin transaction.
Do I need to go through KYC procedures for DAI to LTC exchange?
There will be no KYC for the DAI to LTC 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 LTC to DAI?
Yes, you can instantly exchange LTC to DAI on ChangeHero.