This week, INDODAX will present the long-awaited TUSD crypto asset!
Get ready because deposits will be opened starting May 17, 2023, at 14:00 WIB, and trading will start on May 18, 2023, at 14:00 WIB.
TUSD works with the BEP20 network and is one of the most interesting stablecoins.
Intrigued by all the features? Let’s find all the information below!
TrueUSD (TUSD) Coin
Data and Information
TUSD is the first digital asset with direct on-chain endorsement by an independent third-party agency and is backed 1:1 with the U.S. dollar (USD).
TrueUSD is verified in real-time by an independent industry-specific accounting firm in the U.S. to ensure a 1:1 ratio of USD reserves to the circulating supply of tokens and a 100% guarantee rate.
With the integration of Chainlink PoR, TrueUSD becomes the first USD-backed stablecoin to secure minting and ensure further transparency and reliability.
Users can access relevant data through the official website tusd.io at any time.
TUSD was granted legal status as the official digital currency and medium of exchange in the Dominican Commonwealth, a country in the Caribbean, effective October 7, 2022.
TrustToken aims to provide maximum transparency using tools such as real-time TUSD support and reliability audits.
Apart from trusting the validity of the USD peg, any security issues are related to issues affecting all standard ERC-20 tokens.
Transactions, for example, can experience abnormally high fees if the price of fuel on the Ethereum blockchain spikes.
TUSD Coin Crypto Asset Rating
CoinMarketCap’s current ranking is #30, with a live market capitalization of USD 2,091,129,786. It has an outstanding supply of 2,092,077,545 TUSD coins; the max supply is unavailable.
How to Buy TUSD Coin Crypto Asset on INDODAX
For those of you who want to buy TUSD crypto assets, you can buy them on INDODAX starting May 18, 2023, at 14:00 WIB. Here’s how to buy it:
- Those who still need to become a member can register directly at INDODAX.
- After that, make a deposit, and if you need clarification, you can read how to make a deposit here.
- After your deposit and balance are entered, you can return to the cryptocurrency price on the INDODAX market.
- Search for TUSD on the IDR market, then click on it
- After entering, you must buy by filling in your balance and at what price you want to buy TUSD. 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.
With the presence of the crypto asset TrueUSDT (TUSD) Coin at INDODAX, it will add more choices for you to invest.
Come on, open your INDODAX account immediately, and be part of the growing crypto community in Indonesia!