sUSD (SUSD) Price Tops $0.64 on Exchanges

sUSD (SUSD) traded down 6.8% against the dollar during the 1 day period ending at 8:00 AM E.T. on July 15th. Over the last seven days, sUSD has traded 0.8% lower against the dollar. One sUSD token can now be bought for $0.64 or 0.00000994 BTC on cryptocurrency exchanges. sUSD has a market cap of $28.03 million and approximately $30.43 thousand worth of sUSD was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• 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 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.
• UZDT (UZDT) traded 0.2% lower against the dollar and now trades at $1.00 or 0.00001546 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 3% higher against the dollar and now trades at $64,391.37 or 0.99559220 BTC.

About sUSD

sUSD launched on June 11th, 2018. sUSD’s total supply is 43,600,114 tokens. The Reddit community for sUSD is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed here. The official website for sUSD is www.synthetix.io. The official message board for sUSD is blog.synthetix.io. 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. Discord, GitHub, Reddit”

Buying and Selling sUSD

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

SUSD/USD price chart by TradingView