How and where to buy Inflation Adjusted USDS crypto coin
The Iusds tokens is bit more complicated to find, due to a lack of cryptocurrency exchanges that offer it. There's only four trading platforms with 4 pairs. More information, including instructions, market cap and pairs is listed above.
Where to buy Inflation Adjusted USDS
Step 1You need an account with a cryptocurrency exchange that supports Inflation Adjusted USDS cryptocurrency. All of them listed on our site. Create it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
RadioShack (Avalanche) | ?? / ?? | MEDIUM | No | $2 |
|
RadioShack (Ethereum) | ?? / ?? | MEDIUM | No | $1 |
|
RadioShack (BSC) | ?? / ?? | MEDIUM | No | $2 |
|
RadioShack (Polygon) | ?? / ?? | MEDIUM | No | $2 |
Purchase or transfer with P2P one of this coins: 0XF9C2..., 0X6458..., 0X66F3... or 0X8861....
Step 3Go to spot on your exchange and type the token name in search line. Select from available trading pairs, then set order and push Buy IUSDS button.
Congratulations!
By clicking "buy" button, the Inflation Adjusted USDS token will be available on your account on the crypto exchange. Be aware that only moving your coins off trading platform into cold wallet, you can improve protection of your finances. This is not only cut your risk if your trading platform gets hacked, but if you pick secure wallet, your Inflation Adjusted USDS cryptocurrency turn into virtually unhackable. Only downside is usually have to pay a small withdrawal fee to transfer your tokens off of the trading platform.
What is Inflation Adjusted USDS
Spice Trade protocol is introducing a new revolutionary concept: A stable coin that automatically adjusts and protects against inflation. On a monthly basis, as U.S. Bureau of Labor Statistics releases CPI data, the peg for iUSDS adjusts to account for inflation (or deflation). The goal here is to create a stable coin that maintains the relative purchasing power of USD. The formula is as follows: Peg (iUSDS) = $1 / Buying Power Coefficient where Buying Power Coefficient (or BPC) = CPI as of January 2022 / Current CPI For example, as of May 2022, the latest CPl data published by BLS is for March 2022: March 2022: 287.504 January 2022: 281.148 Source: https://www.bls.gov/cpi/tables/supplemental-files/home.htm Therefore, Current BPC = 0.97789 and Peg (iUSDS) = 1/0.97789 = $1.0226 As BLS data updates over time, BPC gets updated based on a ramp up (or down) function to avoid sudden moves in the peg.
Video Review
What Causes Currencies to Rise and Fall? | FX 101 (Finance Explained)
Statistics and Externals
Term of hash algorithm not applicable to Iusds blockchain.
Price and supply
The current total supply is 12.2 millions, with a circulating supply of 0 IUSDS as of Apr 2024. The Inflation Adjusted USDS maximum amount of coins that will ever exist is 11203105.
The Inflation Adjusted USDS crypto price is $0.258140616177 as of 11:49 AM. The price change on 0% over the past 24 hours. The recent price action left the token's market capitalization at 1.6 million USD. In recent 30 days, the Iusds token was declined on 0%.
FAQ
What crypto exchange can I buy Iusds token?
Inflation Adjusted USDS cryptocurrency can be purchased from four trading platforms. Some of them: RadioShack (Polygon), RadioShack (Ethereum), RadioShack (BSC) and RadioShack (Avalanche).
Is Inflation Adjusted USDS a good investment?
The Iusds token is a risky asset that has strong possibility to depreciate. Due to the high volatility of all cryptocurrency market you should note: unexpected changes in market can lead to sharp and sudden moves in price, learn the risks before you start trading and you can lose all of your invested funds. Aside from that it's chance to get filthy rich by investing in crypto.
Comments
About the author
Davy Jones has been involved in the crypto industry since 2017 as a miner. Since then, he has become an avid investor, writer, and speaker in the field. Jones has been writing professionally since 2008, covering a wide range of topics in various industries.