Compound USD Coin Hits 24 Hour Trading Volume of $5.62 Million (CUSDC)

Compound USD Coin (CUSDC) traded 4.1% lower against the U.S. dollar during the one day period ending at 7:00 AM Eastern on December 9th. One Compound USD Coin token can currently be bought for approximately $0.0218 or 0.00000126 BTC on popular cryptocurrency exchanges. Compound USD Coin has a market cap of $918.59 million and approximately $5.62 million worth of Compound USD Coin was traded on exchanges in the last 24 hours. In the last seven days, Compound USD Coin has traded up 3.8% against the U.S. dollar.

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

  • KILT Protocol (KILT) traded down 1.3% against the dollar and now trades at $0.35 or 0.00002023 BTC.
  • Aidi Finance (BSC) (AIDI) traded up 2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 3.4% against the dollar and now trades at $0.0486 or 0.00000282 BTC.
  • CareCoin (CARES) traded up 3.4% against the dollar and now trades at $0.0603 or 0.00000350 BTC.
  • OmniaVerse (OMNIA) traded 4.9% lower against the dollar and now trades at $0.0009 or 0.00000005 BTC.
  • 2G Carbon Coin (2GCC) traded 4.3% higher against the dollar and now trades at $965.04 or 0.05597812 BTC.
  • Kitty Inu (KITTY) traded up 3.4% against the dollar and now trades at $87.68 or 0.00508568 BTC.
  • Lunar (LNR) traded down 3.5% against the dollar and now trades at $0.0434 or 0.00000252 BTC.
  • Hokkaidu Inu (HOKK) traded 2% higher against the dollar and now trades at $0.0004 or 0.00000002 BTC.
  • QANplatform (QANX) traded 3.4% higher against the dollar and now trades at $5,240.60 or 0.30398635 BTC.

Compound USD Coin Profile

Compound USD Coin’s launch date was July 8th, 2020. Compound USD Coin’s total supply is 9,803,299,805 tokens. Compound USD Coin’s official Twitter account is @compoundfinance and its Facebook page is accessible here. The official website for Compound USD Coin is compound.finance. Compound USD Coin’s official message board is medium.com/compound-finance. The Reddit community for Compound USD Coin is https://reddit.com/r/compound and the currency’s Github account can be viewed here.

According to CryptoCompare, “Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty. Each money market is unique to an Ethereum asset (such as Ether, an ERC-20 stablecoin such as Dai, or an ERC-20 utility token such as Augur), and contains a transparent and publicly-inspectable ledger, with a record of all transactions and historical interest rates.cUSDC is the Compound's wrapped version of USDC and it's available on the Compound platform.”

Buying and Selling Compound USD Coin

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

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