sUSD (SUSD) Price Reaches $1.00 on Exchanges

sUSD (SUSD) traded 0.1% lower against the dollar during the 24-hour period ending at 10:00 AM ET on August 26th. One sUSD token can currently be purchased for approximately $1.00 or 0.00001576 BTC on popular cryptocurrency exchanges. sUSD has a market capitalization of $15.21 million and $916,066.26 worth of sUSD was traded on exchanges in the last day. In the last week, sUSD has traded 0.1% higher against the dollar.

Here is how other 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 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 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.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 3.6% against the dollar and now trades at $0.0617 or 0.00000097 BTC.
• P2P Solutions foundation (P2PS) traded 2.2% lower against the dollar and now trades at $155.51 or 0.00245563 BTC.

About sUSD

sUSD was first traded on June 11th, 2018. sUSD’s total supply is 26,543,359 tokens and its circulating supply is 15,236,872 tokens. sUSD’s official Twitter account is @synthetix_io and its Facebook page is accessible here. sUSD’s official website 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 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 possible to buy alternative cryptocurrencies such as sUSD directly using U.S. dollars. Investors seeking to trade sUSD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. 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