A stablecoin is a cryptocurrency whose value is fixed to another asset , often currencies such as the U.S. dollar or the euro, though other assets are possible. This kind of crypto coin tracks the underlying asset, making its value stable over time, at least relative to the currency it’s pegged to.
Read moreWhat is the best stablecoin?
Binance USD is one of the most popular stablecoins in the crypto market. These stablecoins are generated from the Binance company. It is basically the Binance crypto being pegged to fiat cash, more specifically, the US dollar. This is one of the most used stablecoins in the market.
Read moreHow do you get a Diem coin on Facebook?
Diem coin has not launched yet, so users are not able to buy it. When it does launch, you will be able to buy the coin on Novi, Facebook’s digital wallet .
Read moreCan I buy Diem coin now?
Its value doesn’t fluctuate wildly, there is no mining involved, and it’s not a currency that you can invest in. It’s just a simple stablecoin backed by USD. Using Diem is also a lot easier. Although you can buy Diem Dollars on major crypto exchange sites, you can also simply get them through the Novi wallet .
Read moreWhen did Diem coin launch?
Facebook-led cryptocurrency, Diem, may launch in early 2021 .
Read moreWhere can I buy Facebook Diem?
Although you can buy Diem Dollars on major crypto exchange sites , you can also simply get them through the Novi wallet. Novi is a very straightforward app that makes it easy to get Diem Dollars, send money, receive money, and redeem your Diem dollars.
Read moreCan I buy Libra coin now?
Starting in 2020, you’ll be able to purchase Libra through Libra wallet apps on your phone or from some local grocery and convenience stores . You cash in your local currency like dollars and get nearly the same number of Libra coins, which are represented by this wavy three-line emoji instead of the $ symbol.
Read more