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DAI vs USDT compare

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About DAI

  • Name: Dai

  • Symbol: DAI

  • Circulating supply: 4 528 568 000 $

  • Max supply: 0 $

  • Cmc rank: 17

  • Volume 24h: 226 024 250 $

  • Percent change 1h: -0,0091 %

  • Percent change 24h: -0,031 %

  • Percent Change 7d: -0,0029 %

About USDT

  • Name: Tether USDt

  • Symbol: USDT

  • Circulating supply: 83 895 493 000 $

  • Max supply: 0 $

  • Cmc rank: 3

  • Volume 24h: 25 348 963 000 $

  • Percent change 1h: 0,0026 %

  • Percent change 24h: -0,057 %

  • Percent Change 7d: -0,051 %

What is Cryptocurrency?

Cryptocurrency is a virtual currency that has no tangible appearance and exists only in the digital world. Cryptocurrency payments are implemented in a decentralized network. All transaction information and cryptocurrency wallets are stored in the blockchain. 

There are now more than 12,000 various virtual currencies, and more and more appear every day. All of them have different rates, qualities, missions and areas of implementation.

Differences between DAI and USDT

If it appears to be tricky to choose which asset to invest in: Dai vs Dai compare and searching for differences will help you make a decision.

The main and most noticeable difference is in coin value. At present Dai costs 0.99948905, while Tether USD can be bought for 0.99948193. The daily trading volume of Dai is 226024247.14845000. 

The circulating supply is 4528567978 DAI coins and the maximum supply is 0 DAI coins.

The 24-hour percentage change of DAI is -0.03120144.

The 7-day percentage change of DAI is -0.00287727.

The daily trading volume of Tether USD is 25348962943.95000000. The circulating supply is 83895492719 USDT coins and the maximum supply is 0 USDT coins.

The 24-hour percentage change of Tether USD is -0.05742739.

The 7-day percentage change of Tether USD is -0.05136012.

To compare these and other currency indicators, use the real-time Dai and Tether USD price chart and Dai vs Tether USD calculator.

In addition to numbers, examining road maps, which can be found on the official websites of the projects, will also help to make DAI vs USDT comparison. Knowing where the project is aimed will give you a picture of the future of the coin.

Convert Dai to Tether USD at the best rates

The secret of the best rates that Godex exchange users get when swapping Dai to Tether USD lies in the fixed rate feature. This means that after finding the best bet for your request, the service “freezes” it for 30 minutes. Thus, you are guaranteed to receive the amount of Tether USD that the converter showed up when placing an order, irrespective of market fluctuations.

DAI vs USDT: Which іs a better buy?

The answer to this question may vary periodically. It is wise to buy a coin when its price goes down, but still has a potential for future growth. Therefore, when deciding to buy Dai and Tether USD coins, study their price chart and the crypto analysts forecasts.

How to invest in both Dai and Tether USD

The first thing every investor should think of is a secure wallet where your cryptocurrency assets will be stored safe. Next, choose a reputable exchange that has DAI and USDT available. Deposit the cryptocurrency you have into it, for which you can then buy DAI or USDT. Keep in mind the main rule of a crypto investor: invest as much as you can afford to spend.

Best cryptocurrency exchanges for Dai and Tether USD

On account of to the growing demand, DAI and USDT are listed on decent exchanges. Therefore, any exchange with an excellent reputation and competitive rates for its users is appropriate for DAI vs USDT trading. 

Many prefer Godex.io owing to the fact that there is no trading restrictions, and there is no need to verify trader’s identity and reveal personal details. Furthermore, by fixing the exchange wager for the duration of the transaction, users are immune from losses that may arise from market fluctuations.

DAI vs USDT: bottom line

In the cryptocurrency DAI vs USDT competition, another coin wins each time. Dai vs Tether USD difference has shown that both coins have their advantages and disadvantages. They are both serious crypto assets that warrant attention.

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F.A.Q.

Is DAI better than USDT ?

Each coin is unique, has its own characteristics, history and areas of implementation. If Dai is better for one, then USDT is a better investment for another. Choose a coin according to your aspirations, whether you will use your crypto asset for staking, mining, for everyday payments or for long-term investment. Do Dai vs Tether USD compare to see which one is right for you.

What is the best place to convert DAI to USDT ?

Godex has a convenient Dai and Tether USD converter, using which you can convert your coins at the profitable rate. Furthermore, you protect yourself from volatility in the exchange stake, which can affect the amount you wish to receive as a result of the transaction.

What’s the difference between Dai and Tether USD ?

The difference between DAI vs DAI is their value, capitalization, circulating supply, trading volume, and so on. They can be compared using a price chart which can demonstrate not only the cost in relation to the dollar, but also in relation to each other: Dai vs Tether USD vs usd. In addition, the features and areas of use of coins also may differ.