sUSD (SUSD) Market Capitalization Reaches $20.73 Million

sUSD (SUSD) traded 0.2% higher against the U.S. dollar during the 1-day period ending at 13:00 PM ET on January 17th. One sUSD token can currently be purchased for approximately $0.99 or 0.00000944 BTC on major cryptocurrency exchanges. sUSD has a total market capitalization of $20.73 million and approximately $1.08 million worth of sUSD was traded on exchanges in the last 24 hours. Over the last week, sUSD has traded 2.6% higher against the U.S. dollar.

Here is how other cryptocurrencies have performed over 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 5.2% against the dollar and now trades at $104,413.46 or 0.99769086 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 5.2% against the dollar and now trades at $103,568.95 or 0.98962141 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.

sUSD Profile

sUSD’s genesis date was June 11th, 2018. sUSD’s total supply is 20,990,541 tokens. 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. The Reddit community for sUSD is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed 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 currently possible to purchase alternative cryptocurrencies such as sUSD directly using U.S. dollars. Investors seeking to trade sUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. 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