Convert DAI to TRY

Q: How to convert DAI to TRY?

To perform your DAI to TRY conversion on BTCC:Access your account by signing in, or create a new BTCC account if needed.Go to the trading interface and select the DAI/TRY trading pair.Input the specific amount of Dai you wish to sell.Verify the displayed exchange rate and your final TRY total.Confirm and finalize the sell transaction.Following these steps, your TRY balance will be updated instantly.

1 DAI = ₺43.58 Turkish Lira 1 TRY Turkish Lira = 0.02294410 DAI

₺43.58

-₺0.002416 -0.01%

1D7D1M3M1Y YTD All

Last updated：

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TRY Buy DAI

1 DAI = ₺43.58 TRY

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DAI/TRY Quote

Dai is showing a down trend this week. The current price of Dai is TRY₺43.58 per DAI. The circulating supply is 5.37B DAI, giving Dai a total market cap of TRY₺233.85B. Over the past 24 hours, DAI recorded a trading volume of TRY₺4.90B.
The current value of 1 Dai is ₺43.58TRY. In other words, to buy 5 DAI, you would spend ₺217.92TRY. Conversely, TRY₺1.000000 can be exchanged for 0.022944 DAI, and TRY₺50.00 will convert to 1.15 DAI, excluding platform fees or miner fees.

About Dai

Dai is an algorithmic stability coin issued by MakerDAO, an Ethereum based protocol designed to maintain a precise ratio of one to one with the dollar. It is mainly used as a means of lending and borrowing encrypted assets without intermediaries – creating an unlicensed system with transparency and minimal restrictions.

The Birth of Dai

MakerDAO was first proposed by CEO and founder Rune Christensen in 2015, and the maker agreement — the infrastructure of Dai stablecoin — was launched in December 2017.

MakerDAO’s Dai model is different from other leading stablecoin. First, Dai has an unprecedented degree of decentralization. Although stablecoin such as tether (usdt) provide a cryptocurrency supported by a reserve of legal currency assets managed by a central organization, no entity controls the issuance of Dai. Instead, users who want to hold Dai submit Ethereum based assets to a smart contract that uses these assets as collateral to maintain the Dai’s peg to the dollar.

Secondly, unlike most stablecoin, which use single legal currency or cryptocurrency as collateral, Dai can use different cryptocurrencies as collateral: Ethereum (ETH), basic concern token (BAT), dollar currency (usdc), packaged bitcoin (wbtc), composite currency (COMP), etc. At the beginning of its establishment, maker protocol only supported Ethereum as collateral. However, in November 2019, the technology was updated to include bat and usdc, creating today’s multi mortgage Dai system. The increase in the number of mortgaged currencies reduces the risk of users and improves the price stability of Dai. New collateral options will continue to increase through the vote of the MakerDAO community.

Third, Dai token holders earn interest on their Dai. Those who hold MKR (maker Dao’s native governance token) set the Dai savings rate (DSR) and act as the guarantor of Dai – which means that their MKR tokens can be liquidated if the system crashes. This structure encourages the guarantor to ensure the normal operation of the Dai system and its mortgage tokens.

How Does Dai Token Work

Dai is an erc-20 token that can be purchased from centralized and decentralized exchanges (DEX). In addition, you can create and borrow Dai by opening a maker collateral vault through MakerDAO’s Oasis mirror dashboard and depositing Ethereum based assets as collateral. The maker collateral vault — previously known as collateralized debt positions (CDPS) in the early iterations of the maker agreement — is a smart contract that holds the collateral until the borrowed Dai is returned.

The value of the collateral you deposit must always exceed the value of the Dai you issue. If the value of the collateral is less than the value of the Dai token issued, your collateral will be liquidated. Dai is one of the most comprehensive digital assets in the blockchain ecosystem. Once borrowed, it can be used for decentralized financial (defi) applications or blockchain based games, as well as elsewhere.

Stability Advantages and Security Functions of Dai Holders

Dai is soft linked (or linked) to the value of the US dollar. The greater price stability brought by Dai stablecoin urges investors to regard Dai not only as a stable long-term value storage, but also as a feasible choice for daily transactions, which greatly expands the utility of blockchain technology and the whole cryptocurrency system.

Exchange Table

DAI to TRY values from Today at

1 DAI ₺43.58 TRY

10 DAI ₺435.84 TRY

50 DAI ₺2,179.21 TRY

100 DAI ₺4,358.42 TRY

200 DAI ₺8,716.84 TRY

500 DAI ₺21,792.10 TRY

TRY to DAI values from Today at

₺10,000.00 TRY 229.44 DAI

₺20,000.00 TRY 458.88 DAI

₺30,000.00 TRY 688.32 DAI

₺40,000.00 TRY 917.76 DAI

₺50,000.00 TRY 1,147.20 DAI

₺60,000.00 TRY 1,376.65 DAI

Dai FAQs

How to trade DAI/TRY futures on BTCC?

Trading DAI/TRY involves speculating on its price movement. Follow these steps to start:

Fund Your Account: Deposit TRY or DAI into your BTCC account.

Navigate to the Market: Go to the "Trade" section and select the DAI/TRY trading pair.

Analyze the Chart: Use our professional trading charts and indicators to inform your decision.

Place Your Trade Order:

To Buy (Go Long): If you believe the price will rise, place a buy order.

To Sell (Go Short): If you believe the price will fall, you can open a short position (available in derivatives trading like futures).

Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.

Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.

For detailed guides on each order type and risk management, please visit our Help Center

Can I buy DAI with TRY?

Yes, absolutely. BTCC supports multiple ways to gain exposure to Dai(DAI) using TRY, from simple purchases to advanced trading strategies.

You can:

Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase Dai directly.

Trade on the Spot Market: Deposit TRY and place a buy order on the DAI/TRY spot trading pair using market or limit orders, taking direct ownership of the DAI.

Trade DAI/TRY Futures: For more advanced strategies, you can trade DAI/TRY perpetual or dated futures contracts. This allows you to speculate on Dai's future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.

How to convert DAI to TRY?

To perform your DAI to TRY conversion on BTCC:

Access your account by signing in, or create a new BTCC account if needed.

Go to the trading interface and select the DAI/TRY trading pair.

Input the specific amount of Dai you wish to sell.

Verify the displayed exchange rate and your final TRY total.

Confirm and finalize the sell transaction.

Following these steps, your TRY balance will be updated instantly.

How to use DAITRY converter tool?

Our converter tool is designed for quick calculations. Here's how to use it:

Locate the "Crypto Converter" section on our website or within the app.

Type the amount of DAI you want to convert into the first field.

The equivalent value in TRY will be instantly calculated and displayed in the second field, using the latest live market rate.

What is DAI/TRY exchange rate?

The DAI/TRY exchange rate is the current market price at which 1 Dai(DAI) can be exchanged for TRY. In simpler terms, it tells you how many TRY one Dai is worth at any given moment.

How much is 1 Dai in TRY?

Currently, one Dai is ₺43.58. The price of 1 Dai(DAI) in TRY is constantly changing due to the 24/7 nature of the global cryptocurrency market. To get the live, real-time price, please check the market data section at the top of our platform or visit our dedicated DAI to TRY converter.

Global Prices

DAI/EUR EUR | €0.839938

DAI/CAD CAD | C$1.36

DAI/GBP GBP | £0.730717

DAI/HKD HKD | HK$7.81

DAI/KRW KRW | ₩1,459.06

DAI/JPY JPY | ¥156.12

DAI/AUD AUD | A$1.41

DAI/SGD SGD | S$1.27

DAI/CHF CHF | CHF0.767061

DAI/INR INR | ₹90.78

DAI/TRY TRY | ₺43.58

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Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.

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