USDx stablecoin (USDX) traded flat against the dollar during the one day period ending at 23:00 PM ET on May 17th. USDx stablecoin has a market capitalization of $7.07 million and approximately $5,513.00 worth of USDx stablecoin was traded on exchanges in the last day. One USDx stablecoin coin can now be purchased for approximately $1.00 or 0.00008734 BTC on exchanges. During the last week, USDx stablecoin has traded flat against the dollar.
Here’s how similar cryptocurrencies have performed during the last day:
- USDX [Kava] (USDX) traded down 1.4% against the dollar and now trades at $0.81 or 0.00002681 BTC.
- Steem Dollars (SBD) traded 2.9% higher against the dollar and now trades at $2.64 or 0.00008749 BTC.
- Dollars (USDX) traded flat against the dollar and now trades at $0.17 or 0.00000432 BTC.
- USDX [Lighthouse] (USDX) traded 0.5% higher against the dollar and now trades at $0.0215 or 0.00000071 BTC.
- dForce USDx (USDX) traded flat against the dollar and now trades at $14,024,661.89 or 0.00001722 BTC.
USDx stablecoin Profile
According to CryptoCompare, “USDX is a stablecoin, pegged to the US dollar in a 1:1 ratio. It is backed by LHT – the core cryptocurrency of USDX Wallet. USDX can be quickly and with no fees exchanged to LHT via USDX Wallet app. The combination of the LHT token and USDX stablecoin is boosting global cryptocurrency usage and increasing its safety. USDX Wallet is a blockchain-based transfer money mobile app that enables instant transactions with no borders, intermediaries and fees. The USDX Wallet app guarantees multi-level security for all transactions and instant transfers of assets by username, phone number or QR code. USDX Wallet is based on the exclusive Lighthouse Blockchain. This blockchain is built using tried-and-tested Graphene technology, which provides stability, security and high performance (100,000 transactions per second). To access the USDX whitepaper, please click here. “
Buying and Selling USDx stablecoin
It is usually not possible to purchase alternative cryptocurrencies such as USDx stablecoin directly using U.S. dollars. Investors seeking to acquire USDx stablecoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase USDx stablecoin using one of the aforementioned exchanges.
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