Neutrino USD One Day Volume Reaches $2.40 Million (USDN)

Neutrino USD (USDN) traded 1.1% higher against the dollar during the one day period ending at 12:00 PM ET on September 23rd. Neutrino USD has a market cap of $653.00 million and $2.40 million worth of Neutrino USD was traded on exchanges in the last 24 hours. One Neutrino USD coin can currently be bought for about $0.96 or 0.00005128 BTC on major cryptocurrency exchanges. During the last week, Neutrino USD has traded up 3.8% against the dollar.

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

  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0490 or 0.00000262 BTC.
  • CareCoin (CARES) traded down 99.8% against the dollar and now trades at $0.0609 or 0.00000326 BTC.
  • OmniaVerse (OMNIA) traded 5.2% higher against the dollar and now trades at $0.0044 or 0.00000024 BTC.
  • Euro Coin (EUROC) traded 0% lower against the dollar and now trades at $0.83 or 0.00004435 BTC.
  • Jeff in Space (JEFF) traded flat against the dollar and now trades at $2.07 or 0.00011034 BTC.
  • Lumi Credits (LUMI) traded 1.4% higher against the dollar and now trades at $0.0149 or 0.00000080 BTC.
  • AXIA Coin (AXC) traded up 0% against the dollar and now trades at $13.43 or 0.00070385 BTC.
  • MVP Coin (MVP) traded down 28.6% against the dollar and now trades at $2,053.00 or 0.10760105 BTC.
  • Tarality (TARAL) traded 11.3% lower against the dollar and now trades at $0.0008 or 0.00000004 BTC.
  • The Web3 Project (WEB3) traded up 213.7% against the dollar and now trades at $517.71 or 0.02213862 BTC.

Neutrino USD Profile

Neutrino USD’s launch date was November 22nd, 2019. Neutrino USD’s total supply is 680,423,175 coins. Neutrino USD’s official website is beta.neutrino.at. The official message board for Neutrino USD is medium.com/@neutrinoteam. Neutrino USD’s official Twitter account is @neutrino_proto and its Facebook page is accessible here.

According to CryptoCompare, “Neutrino is an algorithmic price-stable assetization protocol acting as an accessible DeFi toolkit. It enables the creation of stablecoins pegged to specific real-world assets, such as national currencies or commodities.Neutrino USD (USDN) is an algorithmic stablecoin pegged to the US dollar and backed by WAVES. Leveraging the staking model of the Waves protocol’s underlying consensus algorithm, USDN staking yields a sustainable reward of up to ~ 15% APY. All operations involving USDN, such as issuance, collateralization, staking and reward payouts, are fully transparent and governed by a smart contract. Decentralized Forex (DeFo) is an extension on top of the Neutrino protocol that facilitates instant swaps of stable-price assets tied to popular national currencies, indices or commodities.Neutrino Token (NSBT) enables its holders to influence decisions concerning the Neutrino protocol, product and feature roadmap, as well as changes to governance parameters. It is a utility and governance token for the Neutrino system that is designed to ensure the stability of reserves on the Neutrino smart contract through the so-called mechanism of reserve recapitalization. The token is also used for protocol’s governance and supporting liquidity pools of Decentralized Forex.”

Buying and Selling Neutrino USD

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

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