sUSD Price Tops $0.97 on Major Exchanges (SUSD)

sUSD (SUSD) traded down 0.1% against the U.S. dollar during the 1 day period ending at 12:00 PM Eastern on January 29th. One sUSD token can currently be bought for about $0.97 or 0.00000957 BTC on popular cryptocurrency exchanges. sUSD has a market capitalization of $18.74 million and $2.16 million worth of sUSD was traded on exchanges in the last 24 hours. During the last seven days, sUSD has traded down 0.8% against the U.S. dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.7% against the dollar and now trades at $101,654.48 or 0.99777986 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.4% against the dollar and now trades at $101,527.20 or 0.99653055 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

sUSD Profile

sUSD’s launch date was June 11th, 2018. sUSD’s total supply is 19,221,853 tokens. 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. 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 presently possible to purchase alternative cryptocurrencies such as sUSD directly using US dollars. Investors seeking to acquire sUSD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase 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