USDX

USDX

$0.7316

-2.00%

USDX 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 USDX with iDEAL or Wero

Buy USDX 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 USDX?

Buying USDX 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 USDX: Go to the USDX page on the exchange and place your order.

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

USDX margin trading

Want more exposure from your position? On exchanges such as Bitvavo you can trade USDX 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 USDX

Answers auto-summarised from live price and sentiment data for USDX.

USDX is a stablecoin designed to maintain a stable value relative to the US Dollar. It aims to provide a reliable digital asset for transactions and as a store of value within the cryptocurrency ecosystem.

The current price of USDX is $0.6523. This value fluctuates based on market supply and demand.

USDX's price has seen a change of -2.00% over the past 24 hours. This indicates recent market activity and volatility.

The all-time high price for USDX is $3.68. This represents the highest value it has reached since its inception.

USDX has a market capitalization of $72,779,524.57 and is currently ranked at position {{market_cap_rank}}. This reflects its overall size and standing within the cryptocurrency market.

The recent news sentiment for USDX is neutral with a score of unknown. This reflects the general tone of news and discussions surrounding the coin.

Last refreshed:

Sentiment history USDX

Last 7 days · hourly

Warning: last measurement is older than 4 hours (last update: —).

About USDX

USDX is a decentralized stablecoin engineered to maintain a value pegged to the United States dollar. Its objective is to provide a stable digital currency suitable for transactions and as a store of value, mitigating the volatility inherent in other cryptocurrencies. USDX was developed by the team behind the Basis Protocol, which was subsequently rebranded as Basis. However, the project was discontinued in 2018. USDX's innovative mechanism was rooted in an algorithmic approach. The system leveraged a smart contract on the Ethereum blockchain to stabilize USDX's price. This was achieved through the minting and burning of "Basis Bonds" and "Basis Shares" to dynamically adjust USDX supply in response to demand, thereby maintaining its price around the $1 mark.

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