Gemini Dollar (GUSD) Price Hits $1.00 on Major Exchanges

Gemini Dollar (GUSD) traded down 0.1% against the US dollar during the 1 day period ending at 9:00 AM E.T. on April 17th. Over the last seven days, Gemini Dollar has traded up 0.1% against the US dollar. One Gemini Dollar token can currently be purchased for about $1.00 or 0.00001607 BTC on popular exchanges. Gemini Dollar has a total market cap of $114.35 million and $1.33 million worth of Gemini Dollar was traded on exchanges in the last 24 hours.

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

• KILT Protocol (KILT) traded 6.1% lower against the dollar and now trades at $0.33 or 0.00000527 BTC.
• 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 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.6% higher against the dollar and now trades at $0.0088 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Gemini Dollar

Gemini Dollar launched on September 9th, 2018. Gemini Dollar’s total supply is 114,344,723 tokens. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here. Gemini Dollar’s official message board is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. Gemini Dollar’s official website is www.gemini.com/dollar. The Reddit community for Gemini Dollar is https://reddit.com/r/gemini and the currency’s Github account can be viewed here.

According to CryptoCompare, “The Gemini dollar (GUSD) is a U.S. dollar-backed stablecoin developed by Gemini, a licensed digital asset platform. It’s a fast and efficient cryptocurrency used in the crypto economy. GUSD was created by the Gemini crypto exchange, founded by the Winklevoss twins. GUSD is used for global transfers and earning interest through lending services.”

Buying and Selling Gemini Dollar

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

GUSD/USD price chart by TradingView