Gemini Dollar Price Reaches $1.00 on Exchanges (GUSD)

Gemini Dollar (GUSD) traded up 0.1% against the U.S. dollar during the 1 day period ending at 21:00 PM E.T. on May 5th. In the last week, Gemini Dollar has traded down 0.1% against the U.S. dollar. One Gemini Dollar token can now be bought for about $1.00 or 0.00001553 BTC on major exchanges. Gemini Dollar has a total market cap of $91.46 million and approximately $250,295.52 worth of Gemini Dollar was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded 2.2% higher against the dollar and now trades at $0.30 or 0.00000473 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 0% against the dollar and now trades at $0.0100 or 0.00000016 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Gemini Dollar Token Profile

Gemini Dollar’s launch date was September 9th, 2018. Gemini Dollar’s total supply is 91,444,203 tokens. The Reddit community for Gemini Dollar is https://reddit.com/r/gemini and the currency’s Github account can be viewed here. The official message board for Gemini Dollar is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here. Gemini Dollar’s official website is www.gemini.com/dollar.

According to CryptoCompare, “The Gemini dollar (GUSD) is a U.S. dollar-backed stablecoin developed by Gemini, a licensed digital asset platform. It’s a fast and efficient cryptocurrency used in the crypto economy. GUSD was created by the Gemini crypto exchange, founded by the Winklevoss twins. GUSD is used for global transfers and earning interest through lending services.”

Gemini Dollar Token Trading

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

GUSD/USD price chart by TradingView