TrueUSD Price Reaches $0.99 on Exchanges (TUSD)

by · The Markets Daily

TrueUSD (TUSD) traded down 0% against the U.S. dollar during the 1 day period ending at 0:00 AM ET on November 4th. One TrueUSD token can now be bought for approximately $0.99 or 0.00001457 BTC on popular exchanges. During the last week, TrueUSD has traded 0.1% lower against the U.S. dollar. TrueUSD has a market capitalization of $493.05 million and $38.90 million worth of TrueUSD was traded on exchanges in the last day.

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 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.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • SolvBTC (SOLVBTC) traded 1.2% lower against the dollar and now trades at $68,217.61 or 0.99925138 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 1.6% lower against the dollar and now trades at $67,892.38 or 0.99448732 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

TrueUSD Token Profile

TrueUSD launched on March 31st, 2018. TrueUSD’s total supply is 495,601,553 tokens. TrueUSD’s official website is tusd.io. TrueUSD’s official Twitter account is @tusdio. The official message board for TrueUSD is trueusd.medium.com.

According to CryptoCompare, “TrueUSD (TUSD) is a stablecoin pegged 1:1 to the US dollar, built on the Ethereum blockchain. Created by TrustToken, TUSD provides a digital alternative to USD, offering a stable store of value and means of exchange for people and businesses. TUSD is used for remittances, e-commerce, P2P payments, trading on crypto exchanges, and more.”

Buying and Selling TrueUSD

It is usually not possible to buy alternative cryptocurrencies such as TrueUSD directly using U.S. dollars. Investors seeking to acquire TrueUSD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TrueUSD using one of the exchanges listed above.

TUSD/USD price chart by TradingView