Gemini Dollar Trading Up 0.6% This Week (GUSD)

Gemini Dollar (GUSD) traded 0.1% higher against the US dollar during the 1 day period ending at 10:00 AM ET on October 11th. Gemini Dollar has a total market capitalization of $73.05 million and $555,111.25 worth of Gemini Dollar was traded on exchanges in the last day. During the last seven days, Gemini Dollar has traded 0.6% higher against the US dollar. One Gemini Dollar token can currently be bought for $1.00 or 0.00001624 BTC on popular cryptocurrency exchanges.

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

• 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 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 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 0.1% higher against the dollar and now trades at $0.0512 or 0.00000083 BTC.
• P2P Solutions foundation (P2PS) traded 1.9% higher against the dollar and now trades at $157.26 or 0.00254851 BTC.

Gemini Dollar Profile

Gemini Dollar’s launch date was September 9th, 2018. Gemini Dollar’s total supply is 72,900,776 tokens. The official message board for Gemini Dollar is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. Gemini Dollar’s official website 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 currently possible to purchase alternative cryptocurrencies such as Gemini Dollar directly using US dollars. Investors seeking to trade Gemini Dollar should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. 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