Crypto dollar: how much is the exchange rate that never sleeps in the middle of the XXL holiday?

Crypto dollar: how much is the exchange rate that never sleeps in the middle of the XXL holiday?

It is worth remembering that, in the official exchange market, the wholesale dollar went up $1.50 on Wednesday until the $858. In the short week, this exchange rate increased $3.50 (+0.41%), below the final correction of the previous week (+0.47%). In March, It appreciated 1.9% and since January it has accumulated an increase of 6.13%.

He Dolar blue dropped $5 to $980 for the buys already $1,010 for the saleaccording to a survey of Ambit in the caves of the City. In March, he recorded his second consecutive monthly drop, losing $20 (-1.9%). And the MEP dollar quotes in the $1,028.97while the dollar Cash with Settlement (CCL) operates in the $1,094.34.

How much is the crypto dollar trading at?

In that context, the crypto dollar or Bitcoin dollarthis Monday, April 1, rises slightly, just 0.4% and is trading $1,010.66 in line with the Dolar blueaccording to the cryptocurrency platform Bitso, so it could be said that practically remains almost stable during the super long weekend, in which it is not expected that there will be many new developments in political and economic matters, at least until April 2, when the commemoration events will be held for the Malvinas soldiers.

It should be noted that this type of change reached the $1,250 at the end of January, and then begin a downward pathas well as the different exchange rates mentioned above.

It must be remembered that the value of crypto dollar offers a projection of the parallel exchange rateso following its evolution is advisable when there are no markets.

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.

Source: Ambito

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