sUSD Trading Down 0.1% This Week (SUSD)

sUSD (SUSD) traded down 0.1% against the U.S. dollar during the 24-hour period ending at 10:00 AM Eastern on November 4th. One sUSD token can currently be purchased for about $1.00 or 0.00001462 BTC on popular cryptocurrency exchanges. sUSD has a market capitalization of $9.99 million and $591,401.83 worth of sUSD was traded on exchanges in the last day. During the last seven days, sUSD has traded 0.1% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed during 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.5% higher against the dollar and now trades at $68,579.79 or 1.00385601 BTC.
• SolvBTC (SOLVBTC) traded 1% higher against the dollar and now trades at $68,500.66 or 1.00269766 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About sUSD

sUSD’s launch date was June 11th, 2018. sUSD’s total supply is 9,998,785 tokens. 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. The official website for sUSD is www.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 built on the Ethereum blockchain that enables fast interexchange settlement, stable trading against ERC-20 assets, and a safe place to park value without needing to settle into fiat. The Havven network, which sUSD is a part of, is an open source protocol that allows for integration with various exchanges and decentralized platforms. It employs two ERC20 compatible tokens.”

Buying and Selling sUSD

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

SUSD/USD price chart by TradingView