The crypto dollar extends its decline after the approval of the Bases law

The crypto dollar extends its decline after the approval of the Bases law
The crypto dollar extends its decline after the approval of the Bases law

He crypto dollarwhose price is not governed by market hours and operates 24 hours a day, falls sharply after the approval of the Law Bases in the Senate, the key project for the Government.

The price was close to $1,310 in the previous one, and after the sanction it was positioned near $1,270 and then extended that drop to 1,250 in line with the other exchange rates that are quoted in that range.

Crypto dollar: everything about its price

He crypto dollar It operates completely digitally, which allows it to be available 365 days a year, 24 hours a day.

Specifically, cryptocurrencies are purchased through virtual wallets. But They are not all cryptocurrencies, but only the so-called stablecoins (stable coins) whose value is tied to the US dollar.

For their part, 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 equivalent to one dollar. Like 30 years ago, with convertibility, but instead of pesos, cryptocurrencies.

Regarding its transactions, since the purchase and sale of cryptocurrencies is outside the traditional exchange market, Quotes and operations are not suspended on weekends or holidays or after 3 p.m., when banks close: they are still available 24 hours a day, 7 days a week trading. That is to say, you can buy crypto dollars not only from Argentina but from anywhere in the world.

The crypto dollarnot being regulated, offers a more speculative and riskier option, but That is why it is no less attractive for those who want to move away from the formal market and enter a world of uncertainty, volatility and the prospect of profits without the intervention of outsiders.

And to understand, because this crypto dollar operates on weekends, It is enough to understand that cryptocurrency transactions are found by outside the traditional exchange market, Therefore, their quotes and operations are not suspended at any time of the day.

 
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