USDX Trading Up 1.4% Versus US Dollar During the 24-Hour Period Ended July 16th at 11:00 a.m. ET

2 min read

A 24-hour period ended at 11:00 AM ET on July 16th with USDX trading up 1.4% versus the US dollar. On popular exchanges, one USDX [Kava] coin costs $0.97 or 0.00004655 BTC. As a result of trading against the US dollar, USDX [Kava] has declined 0.2% over the last week. In the last 24 hours, USDX [Kava] has been traded on exchanges for $548,197.00 worth of USDX [Kava].

 

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

  • Steem Dollars (SBD) traded 1% higher against the dollar and now trades at $2.88 or 0.00013833 BTC.
  • USDx stablecoin (USDX) traded flat against the dollar and now trades at $1.00 or 0.00008734 BTC.
  • Dollars (USDX) traded flat against the dollar and now trades at $0.17 or 0.00000432 BTC.
  • USDX [Lighthouse] (USDX) traded 1.3% higher against the dollar and now trades at $0.0150 or 0.00000072 BTC.
  • dForce USDx (USDX) traded flat against the dollar and now trades at $14,024,661.89 or 0.00001722 BTC.

USDX [Kava] Coin Profile

USDX [Kava] (CRYPTO:USDX) is a distributed proof-of-stake (dPOS) coin that uses the SHA-256 hashing algorithm. Its genesis date was March 27th, 2018. USDX [Kava]’s total supply is 107,526,703 coins and its circulating supply is 107,494,145 coins. The official website for USDX [Kava] is kava.io. USDX [Kava]’s official Twitter account is @USDXwallet. USDX [Kava]’s official message board is medium.com/kava-labs.

According to CryptoCompare, “USDX is a stablecoin, pegged to the US dollar in a 1:1 ratio. It is backed by LHT – the core cryptocurrency of USDX Wallet. USDX can be quickly and with no fees exchanged to LHT via USDX Wallet app. The combination of the LHT token and USDX stablecoin is boosting global cryptocurrency usage and increasing its safety.  USDX Wallet is a blockchain-based transfer money mobile app that enables instant transactions with no borders, intermediaries and fees. The USDX Wallet app guarantees multi-level security for all transactions and instant transfers of assets by username, phone number or QR code. USDX Wallet is based on the exclusive Lighthouse Blockchain. This blockchain is built using tried-and-tested Graphene technology, which provides stability, security and high performance (100,000 transactions per second). To access the USDX whitepaper, please click here. “

USDX [Kava] Coin Trading

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

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