sUSD (SUSD) Trading 1.3% Higher This Week

sUSD (SUSD) traded up 1.1% against the US dollar during the 24-hour period ending at 13:00 PM Eastern on March 6th. One sUSD token can currently be purchased for approximately $0.99 or 0.00001118 BTC on cryptocurrency exchanges. Over the last seven days, sUSD has traded up 1.3% against the US dollar. sUSD has a market capitalization of $23.58 million and approximately $4.50 million worth of sUSD was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Taiko (TAIKO) traded 1.3% lower against the dollar and now trades at $0.81 or 0.00000910 BTC.
• 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 down 2.2% 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.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.4% against the dollar and now trades at $89,901.71 or 1.01159866 BTC.
• SolvBTC (SOLVBTC) traded up 0.5% against the dollar and now trades at $89,148.50 or 1.00271289 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

sUSD Token Profile

sUSD’s launch date was June 11th, 2018. sUSD’s total supply is 23,729,315 tokens. The Reddit community for sUSD is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed here. The official website for sUSD is www.synthetix.io. The official message board for sUSD is blog.synthetix.io. sUSD’s official Twitter account is @synthetix_io and its Facebook page is accessible 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 US dollars. Investors seeking to trade sUSD should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy sUSD using one of the exchanges listed above.

SUSD/USD price chart by TradingView