First Digital Usd (FUSD) Token Now Available at INDODAX!

This week is the last week in September 2023 where there is interesting news for loyal Indodax traders because the newest crypto asset will soon be available, namely the First Digital USD (FDUSD) token.

FDUSD provides users with a stable digital currency backed by fiat currency, which can help reduce volatility in the crypto market.
You need to know that the First Digital USD crypto asset will start opening deposits on September 27, 2023, at 14:00 WIB, and open trading will start on September 28, 2023, at 14:00 WIB.

Interested in finding out more about this newest crypto asset? Come see all the interesting information about First Digital USD (FDUSD) tokens below!

First Digital USD (FDUSD) Token

Data and information

You need to know that FDUSD is a stablecoin, which is the most stable crypto asset on the market and is supported by 1:1 USD.
FDUSD provides users with a stable digital currency backed by fiat currency, which can help reduce volatility in the crypto market. This makes it more attractive to investors and traders, who are wary of the volatility associated with the price fluctuations of traditional cryptocurrencies.

FDUSD can increase the efficiency of financial transactions by reducing transaction costs and increasing the speed and accuracy of those transactions in a secure manner. FDUSD can also facilitate cross-border transactions and reduce the costs and processing times associated with traditional methods.

The stability of fiat-backed stablecoins is maintained by maintaining a 1:1 peg with the corresponding fiat currency. This is achieved by carefully ensuring that the value of reserve assets held matches or exceeds the total number of stablecoins in circulation. In essence, the reserve serves as collateral for the issuer’s commitment to redeem the stablecoin at its face value. It is important to note that FDUSD operates under strict custodial arrangements.

Additionally, FDUSD is programmable, enabling financial contracts, escrow, and insurance without intermediaries.

First Digital USD (FDUSD) crypto asset

The first digital USD crypto asset ranking according to the CoinMarketCap website is currently #215, with a market cap of IDR 5,983,058,013,738. There is a circulating supply of 386,463,578 FDUSD coins, and the maximum supply has no limit.

How to Buy First Digital USD (FDUSD) Crypto Assets on INDODAX

For those of you who want to buy the First Digital USD (FUSD) crypto asset, you can buy it on INDODAX starting September 28 2023 at 14:00 WIB. Here’s how to buy it:

For those of you who are not yet members, you can register directly at INDODAX.
After successfully registering, you can log in to your Indodax account, and if you are confused, you can read how to make a deposit here.
After your deposit and balance are entered, you can return to the INDODAX crypto market page.
Search for First digital USD (FDUSD to IDR) on the IDR market, then click it.
After entering, all you have to do is buy by filling in the balance and the price at which you want to buy a shred coin. You can also buy it instantly or directly at the current price.
After that, you need to wait for the price to increase for some time.
After the price increases, you can sell at a higher price with the instant method.
If you sell with the limit method, you can place an order after buying. Make sure you enter a higher number when selling.