Gemini Dollar Price Tops $1.00 on Exchanges (GUSD)

Gemini Dollar (GUSD) traded 0.2% higher against the dollar during the 1 day period ending at 15:00 PM Eastern on July 12th. In the last week, Gemini Dollar has traded 0.2% lower against the dollar. Gemini Dollar has a total market cap of $112.03 million and approximately $2.35 million worth of Gemini Dollar was traded on exchanges in the last day. One Gemini Dollar token can currently be bought for about $1.00 or 0.00001718 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 2.8% against the dollar and now trades at $0.18 or 0.00000312 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 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.
• 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.
• 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 1.6% against the dollar and now trades at $0.0128 or 0.00000022 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Gemini Dollar Token Profile

Gemini Dollar’s launch date was September 9th, 2018. Gemini Dollar’s total supply is 112,000,514 tokens. The official message board for Gemini Dollar is www.gemini.com/cryptopedia/gusd-stablecoin-gemini-dollar. 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 Twitter account is @gemini and its Facebook page is accessible 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 possible to buy alternative cryptocurrencies such as Gemini Dollar directly using U.S. dollars. Investors seeking to acquire Gemini Dollar should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Gemini Dollar using one of the aforementioned exchanges.

GUSD/USD price chart by TradingView