Gemini Dollar (GUSD) Price Reaches $1.00 on Major Exchanges

Gemini Dollar (GUSD) traded down 0.2% against the dollar during the 1-day period ending at 17:00 PM E.T. on October 11th. In the last seven days, Gemini Dollar has traded 0.1% lower against the dollar. One Gemini Dollar token can now be bought for about $1.00 or 0.00001586 BTC on cryptocurrency exchanges. Gemini Dollar has a total market capitalization of $72.91 million and approximately $682,392.49 worth of Gemini Dollar was traded on exchanges in the last day.

Here’s 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 2.2% lower 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 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 up 8.9% 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 5.6% higher against the dollar and now trades at $0.0541 or 0.00000086 BTC.
• P2P Solutions foundation (P2PS) traded 3.7% higher against the dollar and now trades at $159.08 or 0.00252327 BTC.

Gemini Dollar Token Profile

Gemini Dollar launched on September 9th, 2018. Gemini Dollar’s total supply is 72,900,776 tokens. Gemini Dollar’s official message board is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. The official website for Gemini Dollar is www.gemini.com/dollar. 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.

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 purchase alternative cryptocurrencies such as Gemini Dollar directly using U.S. dollars. Investors seeking to trade Gemini Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Gemini Dollar using one of the aforementioned exchanges.

GUSD/USD price chart by TradingView