The Ultimate Guide to Crypto Dollar: Exchange Rates, Trends, and Everything You Need to Know

2024-02-26 11:54:38

He crypto dollar the Bitcoin dollarthe exchange rate that “ never sleeps“, rises $14.63 this Monday, February 26 and operates at $1,040.85, according to the cryptocurrency platform Name. Thus, today it is the cheapest exchange rate on the market, since it is almost $45 from the blue dollar; at $35.75 from the MEP and more than $70 from the CCL.

It should be noted that this type of change reached the $1,250 at the end of January, and then begin a downward path, as well as the different exchange rates mentioned above. Even compared to last Friday’s price, the crypto dollar falls almost $30 (-29.9).

It must be remembered that the value of crypto dollar offers a projection of the parallel exchange rate, so following its evolution is advisable giving the context. Meanwhile, in other exchanges that operate cryptocurrencies the values ​​are not very different, In some it reaches prices between $1,050 and $1,088.

Crypto dollar: everything about its price

He crypto dollar It operates completely digitally, which allows it to be available 365 days a year, 24 hours a day.

Specifically, cryptocurrencies are purchased through virtual wallets. But They are not all cryptocurrencies, but only the so-called stablecoins (stable coins) whose value is tied to the US dollar.

For their part, the 3 most traded are Tether(USDT), USD Coin(USDC) and Dai(DAI).The parity is a DAI, a USDT or a USDC, whose value is equivalent to one dollar. Like 30 years ago, with convertibility, but instead of pesos, cryptocurrencies.

Regarding its transactions, since the purchase and sale of cryptocurrencies is outside the traditional exchange market, Quotes and operations are not suspended on weekends or holidays or after 3 p.m., when banks close: they are still available 24 hours a day, 7 days a week trading. That is to say, you can buy crypto dollars not only from Argentina but from anywhere in the world.

The crypto dollarnot being regulated, offers a more speculative and riskier option, but That is why it is no less attractive for those who want to move away from the formal market and enter a world of uncertainty, volatility and the prospect of profits without the intervention of outsiders.

And to understand, because this crypto dollar operates on weekends, It is enough to understand that cryptocurrency transactions are found by outside the traditional exchange market, Therefore, their quotes and operations are not suspended at any time of the day.

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