USDX [Kava] Price Down 1.3% This Week (USDX)

USDX [Kava] (CURRENCY:USDX) traded 1% lower against the dollar during the twenty-four hour period ending at 16:00 PM E.T. on October 14th. USDX [Kava] has a total market capitalization of $136.93 million and $519,263.00 worth of USDX [Kava] was traded on exchanges in the last 24 hours. One USDX [Kava] coin can now be purchased for approximately $0.97 or 0.00001687 BTC on major cryptocurrency exchanges. During the last seven days, USDX [Kava] has traded 1.3% lower against the dollar.

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

  • Steem Dollars (SBD) traded 0.7% higher against the dollar and now trades at $7.71 or 0.00013393 BTC.
  • USDX [Lighthouse] (USDX) traded up 7% against the dollar and now trades at $4.44 or 0.00007718 BTC.
  • USDx stablecoin (USDX) traded 0.3% lower against the dollar and now trades at $1.00 or 0.00008734 BTC.
  • Dollars (USDX) traded up 6.4% against the dollar and now trades at $0.17 or 0.00000432 BTC.
  • dForce USDx (USDX) traded 0% lower against the dollar and now trades at $0.99 or 0.00002159 BTC.

USDX [Kava] Coin Profile

USDX is a distributed proof-of-stake (dPOS) coin that uses the SHA-256 hashing algorithm. It launched on March 27th, 2018. USDX [Kava]’s total supply is 141,098,988 coins. The official message board for USDX [Kava] is medium.com/kava-labs. USDX [Kava]’s official website is kava.io. USDX [Kava]’s official Twitter account is @USDXwallet.

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. “

Buying and Selling USDX [Kava]

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

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