He crypto dollarwhose price is not governed by market hours and operates 24 hours a day, showed a slight drop in the early hours of this Wednesday, but during the early hours it was moving strongly upwards. Even in some exchanges in the city, the currency is offered at $1,488.9. That is almost $60 above what the blue dollar marked at the close on Tuesday.
It is worth remembering that the blue dollar remains on an upward trend and set a new record, trading at $1,400 for purchase and $1,430 for sale, according to a survey by Ámbito in the caves of the city. The parallel currency rose $25 and recorded a rise of $65 in two days. Thus, the gap reached 56.4%, the largest since the devaluation of December, the beginning of the Milei era.
Let us remember that in June, the blue dollar jumped $140 (+11.4%) and, in May, this exchange rate had already climbed $185 (+17.8%), after three months with slight fluctuations. It should be remembered that the value of the 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, allowing it to be available 365 days a year, 24 hours a day.
Specifically, cryptocurrencies are purchased through virtual wallets. But These are not all cryptocurrencies, but only so-called stablecoins whose value is tied to that of the US dollar..
On the other hand, 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. As 30 years ago, with convertibility, but instead of pesos, cryptocurrencies.
As for its transactions, as the purchase and sale of cryptocurrencies is outside the traditional exchange market, Quotes and trading are not suspended on weekends or holidays or after 3pm when banks close: they remain available 24 hours a day, 7 days a week.. This means that 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 This makes it no less attractive for those who want to get away from the formal market and enter a world of uncertainty, volatility and prospects of profits without outside intervention.
And to understand, because this crypto dollar operates on weekends, It is enough to understand that cryptocurrency transactions are located outside the traditional exchange market, Therefore, the quotations and operations of these are not suspended at any time of the day.
Source: Ambito
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