Neutrino USD Price Reaches $0.24 on Major Exchanges (USDN)

Neutrino USD (USDN) traded 30.2% lower against the U.S. dollar during the 24 hour period ending at 17:00 PM E.T. on January 25th. One Neutrino USD token can currently be purchased for approximately $0.24 or 0.00001009 BTC on major cryptocurrency exchanges. In the last week, Neutrino USD has traded down 30.3% against the U.S. dollar. Neutrino USD has a market capitalization of $160.94 million and $202,322.75 worth of Neutrino USD was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 3.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 3.7% higher against the dollar and now trades at $0.0614 or 0.00000262 BTC.
• CareCoin (CARES) traded up 3.7% against the dollar and now trades at $0.0762 or 0.00000326 BTC.
• OmniaVerse (OMNIA) traded up 6% against the dollar and now trades at $0.0022 or 0.00000009 BTC.
• Kitty Inu (KITTY) traded 3.7% higher against the dollar and now trades at $94.34 or 0.00403055 BTC.
• Lunar (LNR) traded 4% lower against the dollar and now trades at $0.0280 or 0.00000119 BTC.
• Hokkaidu Inu (HOKK) traded down 12.3% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• QANplatform (QANX) traded up 3.7% against the dollar and now trades at $6,621.94 or 0.28292195 BTC.
• 2G Carbon Coin (2GCC) traded 0.1% higher against the dollar and now trades at $135.79 or 0.00580162 BTC.
• Lego Coin (LEGO) traded down 1.9% against the dollar and now trades at $0.0406 or 0.00000173 BTC.

Neutrino USD Token Profile

Neutrino USD launched on November 25th, 2019. Neutrino USD’s total supply is 680,266,899 tokens and its circulating supply is 680,266,294 tokens. Neutrino USD’s official website is neutrino.at. Neutrino USD’s official Twitter account is @neutrino_proto and its Facebook page is accessible here. The official message board for Neutrino USD is medium.com/neutrinoteam.

According to CryptoCompare, “Neutrino is an algorithmic price-stable assetization protocol acting as an accessible DeFi toolkit. It enables the creation of stablecoins pegged to specific real-world assets, such as national currencies or commodities.Neutrino USD (USDN) is an algorithmic stablecoin pegged to the US dollar and backed by WAVES. Leveraging the staking model of the Waves protocol’s underlying consensus algorithm, USDN staking yields a sustainable reward of up to ~ 15% APY. All operations involving USDN, such as issuance, collateralization, staking and reward payouts, are fully transparent and governed by a smart contract. Decentralized Forex (DeFo) is an extension on top of the Neutrino protocol that facilitates instant swaps of stable-price assets tied to popular national currencies, indices or commodities.Neutrino Token (NSBT) enables its holders to influence decisions concerning the Neutrino protocol, product and feature roadmap, as well as changes to governance parameters. It is a utility and governance token for the Neutrino system that is designed to ensure the stability of reserves on the Neutrino smart contract through the so-called mechanism of reserve recapitalization. The token is also used for protocol’s governance and supporting liquidity pools of Decentralized Forex.”

Buying and Selling Neutrino USD

It is usually not possible to purchase alternative cryptocurrencies such as Neutrino USD directly using US dollars. Investors seeking to trade Neutrino USD should first purchase 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 purchase Neutrino USD using one of the aforementioned exchanges.