The current price of sAUD (synth AUD), a synthetic Australian Dollar cryptocurrency, is $ 0.76606500.
sAUD is a type of synthetic cryptocurrency that is designed to mirror the value of the Australian Dollar. It operates on a blockchain network and uses smart contracts to maintain price stability with the Australian Dollar, allowing users to hold and trade a digital currency equivalent to AUD.
The precise creator of sAUD isn't defined by the placeholder information we have. However, the motivation behind creating sAUD and similar synthetic cryptocurrencies is to bridge the gap between traditional fiat currencies and digital assets, providing stability in a notoriously volatile crypto market.
sAUD is different from many cryptocurrencies as it's a synthetic cryptocurrency, designed to emulate the value of an existing fiat currency, in this case, the Australian Dollar. The uniqueness comes from its potential to provide stability in the shape of a well-known and globally accepted government-issued currency, while also offering the advantages of digital currencies, such as instant, borderless transfers and blockchain security.
The current circulating supply of sAUD is 1.3M.
sAUD has recently decreased by -0.22% in the last 24 hours.
sAUD can be purchased reliably and safely from the following cryptocurrency exchanges: .
You can securely store your sAUD in a blockchain wallet that supports synthetic cryptocurrencies. Ensure that you hold your private keys securely and do not share them with anyone you do not trust completely.
The market capitalization of sAUD currently stands at $ 1.0M, making it the #2258 on the list of all cryptocurrencies.
The trading volume of sAUD in the last 24 hours is 32.0K.
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