HUSD (HUSD) Price Tops $0.0388 on Exchanges

HUSD (HUSD) traded up 0.4% against the U.S. dollar during the 24-hour period ending at 0:00 AM Eastern on October 18th. HUSD has a total market cap of $8.64 million and approximately $46.29 worth of HUSD was traded on exchanges in the last 24 hours. One HUSD token can now be purchased for approximately $0.0388 or 0.00000057 BTC on popular exchanges. Over the last week, HUSD has traded up 0.3% against the U.S. dollar.

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

• 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 1.2% higher 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 50.5% against the dollar and now trades at $0.0743 or 0.00000109 BTC.
• P2P Solutions foundation (P2PS) traded 1.2% higher against the dollar and now trades at $171.13 or 0.00249940 BTC.

About HUSD

HUSD was first traded on July 20th, 2019. HUSD’s total supply is 222,593,861 tokens. HUSD’s official website is www.stcoins.com. HUSD’s official Twitter account is @stablecoin_husd and its Facebook page is accessible here. The official message board for HUSD is medium.com/@stablecoin_husd.

According to CryptoCompare, “HUSD is a U.S. dollar-backed stablecoin issued by Stable Universal. The dollars backing HUSD will be held in reserve by Paxos Trust Company, a fiduciary and qualified custodian regulated by the New York State Department of Financial Services (NYDFS). On a monthly basis, a top U.S. auditing firm will perform an attestation to ensure USD reserves match the supply of HUSD.

The coin has been listed on the Huobi exchange platform and can be converted to any of the four stable coins supported by the stable coin solution: PAX, TUSD, GUSD, and USDC. For investors, they can deposit any of the stable coins on the all-in-one stable coin solution, and it will immediately convert it and store it as HUSD. When investors want to withdraw their coins, they have withdrawal options to choose from any of the four stable coins.”

Buying and Selling HUSD

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

HUSD/USD price chart by TradingView