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Buy TrueUSD (TUSD)

TUSD

$0.00

24H Change
0%
24H Volume
$
Global Rank
#0
Market Cap
$

TrueUSD Price

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About TrueUSD (TUSD)

TrustToken, a platform to build asset-backed digital currencies, launched TrueUSD (TUSD) in 2018 to meet the rising demand for stable cryptocurrencies, or stable coins . It was created as a more transparent and trustworthy alternative to other stablecoins such as the USDT. TUSD is a dollar-backed cryptocurrency, meaning that every digitally existing TUSD is backed by a real-life U.S. dollar. The dollar backing of TUSD helps it maintain a value equal to one USD.

Due to its stable price, TUSD has become one of the most widely accepted cryptocurrency among cryptocurrency traders. Only two months after its launch in 2018, the market capitalisation of TUSD grew to more than $12 million. Its demand has grown exponentially in the last two years, and its circulating supply and market capitalisation have reached more than $290 million.

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How to Buy TrueUSD (TUSD) in Australia

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TrueUSD FAQs

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Where is the best place to buy TrueUSD?

The best place to buy TrueUSD is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade TrueUSD and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

How is the price of TrueUSD determined?

The price of TrueUSD is determined by the forces of supply and demand in the market. Similar to other assets, the price of TrueUSD is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for TrueUSD are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy TrueUSD with credit card?

Swyftx does not allow you to directly buy TrueUSD with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy TrueUSD instantly.

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Dislcaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.