sUSD Market Cap Reaches $9.64 Million (SUSD)

sUSD (SUSD) traded 0.5% lower against the US dollar during the twenty-four hour period ending at 11:00 AM ET on December 4th. sUSD has a market cap of $9.64 million and $1.01 million worth of sUSD was traded on exchanges in the last 24 hours. One sUSD token can currently be purchased for approximately $1.00 or 0.00001049 BTC on major cryptocurrency exchanges. Over the last week, sUSD has traded 0.6% lower against the US dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• 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.
• 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.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.5% against the dollar and now trades at $94,958.76 or 1.00063343 BTC.
• SolvBTC (SOLVBTC) traded 0.2% lower against the dollar and now trades at $94,609.73 or 0.99695545 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.

About sUSD

sUSD was first traded on June 11th, 2018. sUSD’s total supply is 9,681,150 tokens. The Reddit community for sUSD is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed here. sUSD’s official Twitter account is @synthetix_io and its Facebook page is accessible here. sUSD’s official website is www.synthetix.io. sUSD’s official message board is blog.synthetix.io.

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

SUSD/USD price chart by TradingView