Gemini Dollar (GUSD) One Day Volume Hits $743,192.54

Gemini Dollar (GUSD) traded 0.1% lower against the U.S. dollar during the 24-hour period ending at 11:00 AM Eastern on March 6th. One Gemini Dollar token can now be bought for about $1.00 or 0.00001108 BTC on cryptocurrency exchanges. Over the last week, Gemini Dollar has traded 0.2% higher against the U.S. dollar. Gemini Dollar has a market cap of $52.23 million and $743,192.54 worth of Gemini Dollar was traded on exchanges in the last day.

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

• Taiko (TAIKO) traded up 2.3% against the dollar and now trades at $0.83 or 0.00000916 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 down 2.2% 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 up 1.2% 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 (SOLVBTC) traded 2.5% higher against the dollar and now trades at $90,307.01 or 1.00068122 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.7% higher against the dollar and now trades at $89,901.70 or 0.99618996 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Gemini Dollar Token Profile

Gemini Dollar launched on September 9th, 2018. Gemini Dollar’s total supply is 52,210,639 tokens. Gemini Dollar’s official Twitter account is @gemini and its Facebook page is accessible here. The Reddit community for Gemini Dollar is https://reddit.com/r/gemini and the currency’s Github account can be viewed here. Gemini Dollar’s official website is www.gemini.com/dollar. Gemini Dollar’s official message board is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar.

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 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 Gemini, GDAX 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