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bitUSD Review

2

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Average

Revainrating 4 out of 5  
Rating 
3.8
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Description of bitUSD

bitUSD is a market pegged asset (MPA) issued on the Bitshares platform, these assets are known as bitassets or smartcoins.

Reviews

Global ratings 2
  • 5
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  • 4
    1
  • 3
    1
  • 2
    0
  • 1
    0

Type of review

Revainrating 4 out of 5

About BitUSD.

BitUSD is a cryptocurrency with strong rate in which the charge is fixed 1 to one with the dollar, its most effective backup is the change, and wherein it's miles listed does not have a high extent of transactions. This asset does not have appropriate reviews or valuation inside the marketplace, in step with diverse websites the charge is high, thinking of what this stablecoin represents, I do now not advocate its use and I keep in mind there are better alternatives within the marketplace. If…

Pros
  • Cryptoactive stable in price 1 to 1 dollar.
Cons
  • Nothing.

Revainrating 3 out of 5

Stablecoin, little used.

BitUSD is a cryptocurrency with stable price where the price is fixed 1 to 1 with the dollar, its only backup is the exchange, and where it is listed does not have a high volume of transactions. This asset does not have good reviews or valuation within the market, according to various sites the price is high, taking into account what this stablecoin represents, I do not recommend its use and I consider there are better options within the market. If you want to operate this asset, do it with…

Pros
  • Cryptoactive stable in price 1 to 1 dollar.
  • Possibility of keeping our money in case of a bear market.
  • You can borrow.  
Cons
  • Listed in few exchanges.
  • Low liquidity
  • Little volume in daily transactions.
  • The only backup is the OL exchange.
  • Negative comments or missing data about BitUSD  
  • lack of official technical data