sUSD Price Hits $1.01 on Top Exchanges (SUSD)

sUSD (CURRENCY:SUSD) traded down 0.2% against the U.S. dollar during the one day period ending at 17:00 PM ET on July 22nd. In the last week, sUSD has traded 0.1% higher against the U.S. dollar. sUSD has a total market capitalization of $221.78 million and $6.07 million worth of sUSD was traded on exchanges in the last 24 hours. One sUSD coin can now be bought for about $1.01 or 0.00003116 BTC on exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

  • Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00003101 BTC.
  • Chainlink (LINK) traded up 6.9% against the dollar and now trades at $16.03 or 0.00049689 BTC.
  • DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Polygon (MATIC) traded up 5.7% against the dollar and now trades at $0.89 or 0.00002757 BTC.
  • Dai (DAI) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00003106 BTC.
  • THETA (THETA) traded 8.7% higher against the dollar and now trades at $4.62 or 0.00014335 BTC.
  • Aave (AAVE) traded 9.6% higher against the dollar and now trades at $275.44 or 0.00854005 BTC.
  • botXcoin (BOTX) traded down 1.2% against the dollar and now trades at $2.04 or 0.00006320 BTC.
  • Crypto.com Coin (CRO) traded up 1.9% against the dollar and now trades at $0.11 or 0.00000342 BTC.

sUSD Coin Profile

SUSD is a coin. It launched on June 11th, 2018. sUSD’s total supply is 220,649,333 coins. sUSD’s official message board is blog.havven.io. The official website for sUSD is www.synthetix.io. The Reddit community for sUSD is /r/synthetix_io and the currency’s Github account can be viewed here. sUSD’s official Twitter account is @synthetix_io and its Facebook page is accessible here.

According to CryptoCompare, “sUSD is a stablecoin that scales while avoiding the risks of centralized off-chain assets will be a huge benefit for the entire trading ecosystem. It will provide fast interexchange settlement, stable trading against ERC-20 assets, and a safe place to park value without the need to settle into fiat. The network is built on the Ethereum blockchain and it employs two tokens, both of which are ERC20 compatible. The Havven network has been released as an open source protocol so that anyone can integrate with it, including exchanges and decentralized platforms. “

sUSD Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as sUSD directly using U.S. dollars. Investors seeking to acquire sUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase sUSD using one of the aforementioned exchanges.

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