How and where to buy iUSD crypto coin
The iUSD crypto is tough to get, owing to a lack of cryptocurrency exchanges that offer it. The 1 exchange offer 2 trading pairs. More information read below.
Where to buy iUSD
Step 1You need an account with a cryptocurrency exchange that supports iUSD coin. All of them listed on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
Minswap | ?? / ?? | LOW | No | $41 |
Buy or transfer with P2P one of this coins: ADA or 29D222....
Step 3Go to spot trading on your exchange and type the token name in search form. Select from available trading pairs, then set order and push Buy IUSD button.
Congratulations!
After pressing "buy" button, the iUSD coin will be deposited in your account on the cryptocurrency exchange. Remember that only moving your coins from cryptocurrency exchange to secure wallet like Trezor One or Ledger Nano S Plus, you can improve protection of your investments. Not only does this scale down your risk if your exchange of choice gets hacked, but if you move to a “cold,” or offline, wallet, your Iusd cryptocurrency turn into protected assets. Only con is usually have to pay a small fee to transfer your crypto from the exchange.
What is iUSD
iUSD is Cardano’s first fault-tolerant and fully collateralized native stablecoin released in November of 2022 as part of Indigo Protocol v1. iUSD is pegged to the median value of USDC, TUSD, and USDT; this design allows iUSD to maintain its peg even if one of the three stablecoins (USDC, TUSD, and USDT) depegs. The Indigo Protocol is a CDP (Collateralized Debt Position) based DeFi protocol that brings capital-efficient synthetic assets to the Cardano ecosystem. Users can purchase iUSD from a DEX just like any Cardano native asset, or can mint iUSD within the Indigo Protocol by depositing ADA as collateral. When users mint iUSD within the Indigo Protocol, they must deposit sufficient ADA such that their CDP remains above the applicable Minimum Collateralization Ratio (MCR) - meaning a user deposits collateral in the form of ADA that ensures over-collateralization. If the value of a user's ADA collateral begins to decrease toward the MCR, a user can choose to add more collateral to keep their iUSD position above the MCR. If a user’s collateral becomes worth less than the MCR of their iUSD debt, the Indigo Stability Pool providers will allow the user to keep their iUSD but will exchange Stability Pool iUSD for the user’s higher value ADA collateral
Video Review
CARDANO NEXT LEVEL STABLECOIN (iUSD)
Statistics and Externals
Term of hashing algorithms not applicable to iUSD coin.
Price and supply
The current total supply is 0, with a circulating supply of 0 IUSD as of Apr 2024. The iUSD maximum supply is 30000000.
The iUSD cryptocurrency price is $0.938971266235 as of 04:14 PM. The price change on 1.0641% over the past 24 hours. The recent price action left the token's market capitalization at 0 united states dollars. In recent 30 days, the Iusd crypto was raised on 0.9%.
FAQ
What crypto exchange can I buy Iusd?
iUSD cryptocurrency can be purchased from one trading platform. The list includes: Minswap.
Is Iusd coin a good investment?
The Iusd cryptocurrency has a high risks of price fall. Due to the high volatility of all Blockchain world you bear in mind: 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. The another side of that investing in crypto assets is potentially extremely profitable.
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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.