Gemini Dollar Price Reaches $1.00 on Exchanges (GUSD)

Gemini Dollar (GUSD) traded up 0.1% against the US dollar during the one day period ending at 22:00 PM E.T. on July 16th. One Gemini Dollar token can currently be bought for $1.00 or 0.00001524 BTC on major exchanges. Gemini Dollar has a total market cap of $108.65 million and $3.16 million worth of Gemini Dollar was traded on exchanges in the last day. During the last seven days, Gemini Dollar has traded 0.1% lower against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 0.1% lower against the dollar and now trades at $0.20 or 0.00000302 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 up 1.9% 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.
• 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 1.1% lower against the dollar and now trades at $0.0128 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Gemini Dollar Profile

Gemini Dollar’s launch date was September 9th, 2018. Gemini Dollar’s total supply is 108,673,003 tokens. The Reddit community for Gemini Dollar is https://reddit.com/r/gemini and the currency’s Github account can be viewed here. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here. The official website for Gemini Dollar is www.gemini.com/dollar. Gemini Dollar’s official message board is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-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.”

Buying and Selling Gemini Dollar

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

GUSD/USD price chart by TradingView