Friday, December 1, 2023

Increased by more than 5% after the close of elections

In a historical journey For Argentina where the future of the coming years is defined, the crypto dollar or”Bitcoin dollar”is the reference price for market analysts. This exchange rate that operates 24 hours a day is an indicator to account for the expectations of investors every minute.. On this note, we tell you how much it is quoted.

The Bitcoin dollar or crypto dollar rose by 5.2% and is operating at $1.041,83based on the average of local exchanges reported on Coinmonitor. Within hours of knowing the result, the price exceeds $1,000 and exceeds the DOLLARS blue closed Friday at $950 et al MEP dollar standing at $872.

Its price is important, because the dollar value of crypto offers clues about the future evolution of the parallel exchange rate.

Crypto dollar: all about its price

The crypto dollar operates entirely digitallywhich allows it to be available 365 days a year, 24 hours a day.

specifically, Cryptocurrencies are bought through virtual wallets. But these are not all cryptocurrencies, but only the so-called stablecoins whose value is tied to the US dollar.

In this regard, 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 equal to one dollar. Like 30 years ago, with conversion, but instead of peso, cryptocurrencies.

Regarding its transactions, since the buying and selling of cryptocurrencies is outside the traditional exchange market, Quotes and operations are not suspended on weekends or holidays nor after 3 pm, when the banks close: they are still there 24 hours a day, 7 days a week operating. Meaning, you can buy crypto dollars not only from Argentina but from anywhere in the world.

The crypto dollar, which is unregulated, offers a more speculative and risky optionbut for that reason it is not very attractive for those who want to move away from the formal market and enter a world of uncertainty, volatility and the prospect of profit without the intervention of outsiders.

World Nation News Desk
World Nation News Desk
World Nation News is a digital news portal website. Which provides important and latest breaking news updates to our audience in an effective and efficient ways, like world’s top stories, entertainment, sports, technology and much more news.
Latest news
Related news