Midas M1 USD Market Neutral

MM1-USD

$1.16

+0.03%

Midas M1 USD Market Neutral price

Not enough price history for this period yet.

Where to buy

Finst

Finst

€20 free Bitcoin

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Bitvavo

Bitvavo

€10K fee-free trading

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Buy Midas M1 USD Market Neutral with iDEAL or Wero

Buy Midas M1 USD Market Neutral easily with iDEAL or Wero through regulated exchanges that comply with European crypto legislation (MiCA). The exchanges below hold the required licences and are supervised by authorities such as the Dutch Authority for the Financial Markets (AFM):

How do I buy Midas M1 USD Market Neutral?

Buying Midas M1 USD Market Neutral through a regulated crypto exchange is straightforward and secure:

  1. Create an account: Sign up with a trusted exchange or broker of your choice.
  2. Verify your identity (KYC): Under EU law, a one-time identity check is mandatory.
  3. Deposit euros: Use your preferred payment method, such as iDEAL or Wero, to fund your account.
  4. Buy Midas M1 USD Market Neutral: Go to the Midas M1 USD Market Neutral page on the exchange and place your order.

Keep in mind that crypto prices are volatile and transaction fees always apply. After your purchase, Midas M1 USD Market Neutral appears in your exchange wallet. You can keep assets there to trade, or withdraw to your own (hardware) wallet for extra security.

Midas M1 USD Market Neutral margin trading

Want more exposure from your position? On exchanges such as Bitvavo you can trade Midas M1 USD Market Neutral on margin. Trading with borrowed assets increases your position size, but the risks are higher: with margin trading you can lose your stake faster than with spot trading.

Frequently asked questions about Midas M1 USD Market Neutral

Answers auto-summarised from live price and sentiment data for Midas M1 USD Market Neutral.

MM1-USD is a stablecoin designed to maintain a value close to one US dollar. It aims to achieve this through a market-neutral strategy, meaning its price is not directly tied to the general market trends of cryptocurrencies.

The current price of MM1-USD is $1.04.

In the past 24 hours, the price of MM1-USD has changed by -0.04%.

The all-time high price for MM1-USD is unknown.

The current market capitalization for MM1-USD is $26,359,074.37, placing it at rank {{market_cap_rank}}.

The news sentiment for MM1-USD over the past 24 hours is currently neutral (unknown).

As a market-neutral asset, MM1-USD's price is intended to be less volatile and less correlated with general market sentiment. Significant news might still cause minor fluctuations, but the strategy aims to mitigate broader market impacts.

Last refreshed:

About Midas M1 USD Market Neutral

Midas M1 USD Market Neutral (MM1-USD) is a decentralized finance (DeFi) protocol. **Objective:** The protocol aims to provide a stable value pegged to the United States Dollar (USD). This is achieved through a market-neutral strategy, meaning the value of MM1-USD is less dependent on overall market movements. **Founders:** The protocol was developed by the Midas team. **Unique Technology:** MM1-USD utilizes an advanced algorithm and smart contracts. This system manages the issuance and redemption of MM1-USD tokens to maintain the USD peg. The protocol operates with a collateral and liquidity pool system to ensure stability.

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Latest news on Midas M1 USD Market Neutral

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