Convert 1000000 Tether USDt to Dai
1000000 USDT = 1,000,206.03 DAI · 1 USDT = 1.000206 DAI · -0.00% (24h) · USDT rank #3 · mcap $183.42B
What you actually receive, exchange by exchange
The rate above is the mid-market rate — no exchange gives it to you. Every conversion pays a trading fee, and moving the result to your own wallet pays a withdrawal fee on top. Both numbers below come from our fee database, not an estimate.
| Exchange | Trading fee | Total cost | You receive |
|---|---|---|---|
 OurbitMost received | 0% | 0 DAI0.00% of the conversion | 1,000,206.03 DAI$1,000,124.45 |
 MEXC | 0.05%as low as 0% on some pairs−20% paying fees in MX | 500.103017 DAI0.05% of the conversion | 999,705.93 DAI$999,624.39 |
 Bitrue | 0.098%−20% paying fees in BTR | 980.201914 DAI0.10% of the conversion | 999,225.83 DAI$999,144.33 |
 CoinW | 0.1% | 1,000.21 DAI0.10% of the conversion | 999,205.83 DAI$999,124.33 |
 Delta Exchange | 0.1%as low as 0% on some pairs | 1,000.21 DAI0.10% of the conversion | 999,205.83 DAI$999,124.33 |
 Toobit | 0.1% | 1,000.21 DAI0.10% of the conversion | 999,205.83 DAI$999,124.33 |
 BitMEX | 0.1%as low as 0.05% on some pairs | 1,000.21 DAI0.10% of the conversion | 999,205.83 DAI$999,124.33 |
 Binance | 0.1%−25% paying fees in BNB | 1,000.21 DAI0.10% of the conversion | 999,205.83 DAI$999,124.33 |
Converting 1,000,000 USDT on Ourbit leaves you 8,001.65 DAI more than on Kraken, the most expensive venue we track for this pair.
1 USDT converts to 1.000206 DAI right now, so 1 DAI buys 0.99979401 USDT. 15 exchanges we track list both sides of this pair; the cheapest standard taker fee is 0% on Ourbit, while Kraken charges 0.8% for the same conversion. If you move the DAI off the exchange afterwards, the cheapest withdrawal we have on record is 0 DAI over Native chain on MEXC.
USDT to DAI conversion tables
| USDT | DAI |
|---|---|
| 0.5 USDT | 0.50010302 DAI |
| 5 USDT | 5.00103 DAI |
| 25 USDT | 25.005151 DAI |
| 50 USDT | 50.010302 DAI |
| 500 USDT | 500.103017 DAI |
| 5,000 USDT | 5,001.03 DAI |
| 50,000 USDT | 50,010.3 DAI |
| 100,000 USDT | 100,020.6 DAI |
| 1,000,000 USDT | 1,000,206.03 DAI |
| DAI | USDT |
|---|---|
| 1 DAI | 0.99979401 USDT |
| 10 DAI | 9.99794 USDT |
| 25 DAI | 24.99485 USDT |
| 100 DAI | 99.979401 USDT |
| 1,000 DAI | 999.794008 USDT |
| 5,000 DAI | 4,998.97 USDT |
| 50,000 DAI | 49,989.7 USDT |
| 100,000 DAI | 99,979.4 USDT |
| 1,000,000 DAI | 999,794.01 USDT |
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USDT to DAI — FAQ
How much is 1,000,000 USDT in DAI?
1,000,000 USDT is worth 1,000,206.03 DAI at the mid-market rate, based on the live market price we sync for that coin. 10,000,000 USDT is 10,002,060.34 DAI and 100,000,000 USDT is 100,020,603.44 DAI.
How much USDT do I need to get 1 DAI?
0.99979401 USDT at the current rate. The converter above works in both directions — type into either box.
What is the cheapest way to convert USDT to DAI?
Ourbit has the cheapest standard taker fee for this pair at 0%, which is 0 DAI on a 1 USDT conversion. Using a limit (maker) order is usually cheaper still, and paying fees in the exchange's own token cuts the rate further on several venues. The table above ranks every exchange by what you are left with.
Does this converter include exchange fees?
The headline rate does not — it is the mid-market rate, the same number every other converter shows. The comparison table underneath does: it applies each exchange's real taker fee to your amount, and optionally that exchange's withdrawal fee for DAI, so you see the amount that actually lands.
Has USDT gone up or down against DAI today?
USDT is down 0.00% against DAI over the last 24 hours. Both sides move, so the pair can be flat even when each coin moved a lot in dollars.
Where does the USDT/DAI rate come from?
Crypto prices are synced from our own market data pipeline and refreshed every few minutes; fiat rates come from exchangerate-api.com and update once a day. Fees come from each exchange's official fee page or fee API, with the sync time shown at the bottom of this page.
Crypto prices last synced 2026-09-05 04:39 UTC · fiat rates from exchangerate-api.com, updated 2026-09-05 00:02 UTC · withdrawal fees last synced 2026-08-29 00:57 UTC. The headline rate is a mid-market reference rate and does not include exchange spreads; the comparison table applies each exchange’s published taker fee, which is the fee a market order pays. Fee tiers, promotions and token discounts can lower it further — open an exchange page to see its full tier ladder.