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.
It’s easy to buy TrueUSD with Swyftx and can be done in four easy steps. First, sign up for a trading account, then verify your identity, deposit AUD into your account and click ‘Buy TrueUSD.’
Swyftx offers real AUD pairs when you buy TrueUSD and offers some of the lowest trading fees and spreads available on the market. On top of this, Swyftx offers customer support and account management, stop and limit buy and sell orders to minimise losses and maximsie wins, and a demo mode that allows risk-free, mock trading.
Swyftx has low spreads and low trading fees.
Verify online instantly without uploading documents and deposit AUD to start TrueUSD trading in less than 2 minutes.
Breached password detection and Two Factor Authentication help protect your account from scammers.
Learn to trade and gain experience with Swyftx risk free by enabling the demo mode. We even simulate real life liquidity and market depth.Create a free account
Deposit and Withdraw AUD via PayID, OSKO, Bank Transfer & POLi
Automate your crypto investments. Setup recurring deposits to your Swyftx account and have then automatically split across your own range of cryptos.
Never miss a trade or get caught out by the crypto market volatility. Set Buys and Sells to trigger at any price you want.
Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.