Details about kxUSD cryptocurrency
kxUSD
kxusd
Unknown for now
€0
723,783
0
Unknown
kxUSD price charts
kxusd exchanges
kxUSD, the crypto
kxUSD (KXUSD) is a stablecoin that is pegged to the value of the US dollar. It is created by a decentralized autonomous organization (DAO) called Kava.
The point
The main point of kxUSD (KXUSD) is to provide stability to cryptocurrency users who want to avoid the volatility of traditional cryptocurrencies like Bitcoin. By being pegged to the value of the US dollar, kxUSD (KXUSD) can provide stability and predictability to its users.
The problem
kxUSD (KXUSD) tries to solve the problem of volatility in cryptocurrencies. Traditional cryptocurrencies like Bitcoin can experience significant price swings, which can be problematic for users who want to use them for everyday transactions. By providing a stablecoin that is pegged to the value of the US dollar, kxUSD (KXUSD) aims to provide stability and predictability to users.
Compare KXUSD and BTC performance
| Timeframe | KXUSD | BTC |
|---|---|---|
| 1h change | 0 % | -0.234911 % |
| 24h change | 0 % | 1.25967 % |
| 7 day change | 0 % | -1.44157 % |
| 14 day change | 0 % | -9.47799 % |
| 30 day change | 0 % | -7.33786 % |
| 200 day change | -97.24 % | 129.168 % |
| Year change | 0 % | 129.33 % |