The so -called Crypto dollar o Bitcoin dollar operates on average and in the main exchanges of the City about the $ 1,221.31, this is $ 17.14 above the price of Thursday, in full start of the long weekend. In Bitso The crypto exchange rate is at $ 1201.87, almost $ 40 above the closing of Wednesday of the MEP dollar, Although it should be remembered that the USDT can operate 24 hours a day seven days a week.
He General average Among all exchanges (including Athena) is $ 1,221.31. If we exclude Athena, which is quite out of rank, the average low $ 1,219.20.
Crypto dollar: All about your quote
He Crypto dollar It operates completely digital, which allows you to be available 365 days a year, 24 hours a day.
Specifically, cryptocurrencies are bought through virtual wallets. But They are not all cryptocurrencies, but only the so -called stablecoins (stable currencies) whose value is tied to that of the US dollar.
On the other hand, the 3 most operated are Tether (USDT), USD Coin (USDC) and DAI (DAI).Parity is a DAI, a USDT or a USDC, whose value equals a dollar. As 30 years ago, with convertibility, but instead of pesos, cryptocurrencies.
As for its transactions, such as the purchase and sale of cryptocurrencies is outside the traditional exchange market, The quotes and operations are not suspended on weekends or holidays or after 3 in the afternoon, when banks close: 24 hours are available, 7 days a week operating. In other words, 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 more risky option, but That is why no less attractive to those who want to move away from the formal market and enter a world of uncertainty, volatility and profit perspective without foreign intervention.
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, the quotes and operations of these are not suspended at any time of the day.
Historical record of stablecoins purchase volume per hour
The stock of the stocks brought several changes to the products and operatory during the last days, they point out from Lemon.
Between 10 and 11am on Monday, April 14, the total volume operated in stable cryptocurrencies grew more than 350% compared to the previous time, thus registering the largest volume operated per hour in the history of the aforementioned Exchange. In what was the day, the purchase volume was 70% higher than the sale.
“After the stocks were built, interest rates in Argentina rose again. The Money Market funds do not keep the money under the mattress, they invest it in fixed deadlines or special accounts of the banks. Therefore, when the banks begin to pay higher rates, the FCI yields also increase,” they argue from the exchange.
Source: Ambito
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