Details about USDEX cryptocurrency
USDEX
USDEX
Unknown for now
€75
0
Unknown
https://usdex.co/
usdex.co
USDEX price charts
USDEX exchanges
USDEX, the crypto
USDEX is a cryptocurrency that is backed by the US dollar. Each unit of USDEX corresponds to one US dollar, making it a stablecoin.
The point
The main point of USDEX is to provide a stable digital currency that can be used for transactions and trading without the volatility that often plagues other cryptocurrencies. It is meant to be a useful tool for traders and investors who want to reduce their exposure to risk while still participating in the cryptocurrency market.
The problem
USDEX is trying to solve the problem of volatility that is commonly associated with cryptocurrencies. Because each unit of USDEX is pegged to the value of the US dollar, it should remain stable and not experience the huge price swings that other cryptocurrencies often do. This stability can make it more useful for transactions and can also make it more appealing to mainstream investors who are wary of the risks associated with other cryptocurrencies.
Compare USDEX and BTC performance
Timeframe | USDEX | BTC |
---|---|---|
1h change | 0 % | 0.0273948 % |
24h change | 0 % | 0.132108 % |
7 day change | 0 % | 4.34499 % |
14 day change | 0 % | -2.41834 % |
30 day change | 0 % | 0.364837 % |
200 day change | 0 % | 135.369 % |
Year change | 0 % | 150.504 % |