sUSD Hits 1-Day Volume of $1.75 Million (SUSD)

sUSD (SUSD) traded down 0.1% against the US dollar during the 1-day period ending at 8:00 AM Eastern on October 2nd. sUSD has a market capitalization of $13.89 million and approximately $1.75 million worth of sUSD was traded on exchanges in the last day. One sUSD token can now be bought for about $1.00 or 0.00001630 BTC on cryptocurrency exchanges. In the last week, sUSD has traded 0.2% lower against the US dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 23.7% against the dollar and now trades at $0.0425 or 0.00000070 BTC.
• P2P Solutions foundation (P2PS) traded 6.6% lower against the dollar and now trades at $159.19 or 0.00260009 BTC.

sUSD Profile

sUSD’s genesis date was June 11th, 2018. sUSD’s total supply is 13,915,304 tokens. sUSD’s official Twitter account is @synthetix_io and its Facebook page is accessible here. The official website for sUSD is www.synthetix.io. The official message board for sUSD is blog.synthetix.io. The Reddit community for sUSD is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed 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.”

Buying and Selling sUSD

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

SUSD/USD price chart by TradingView