Launched in September 2023, USD Token (USDOT) is an asset-backed token redeemable 1:1 for 1 US dollar. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by US dollar on the blockchain at a 1:1 ratio and indexed to the price of USD. For every USDOT created, an equivalent amount of USD is held as collateral in the company's reserves. USDOT provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of geographical boundaries. Unlike fiat US dollar transaction limits in the market, there are no minimum transaction limits for USDOT. USDOT transactions are executed instantly and any amount of USDOT tokens can be converted to fiat currencies, ensuring quick and efficient transactions. USDOT is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As the demand for USDOT tokens increases, Token Teknoloji Anonim Şirketi will add the equivalent amount of US dollars to its reserves for each USDOT token upon request from institutions wishing to meet their demand. This ensures that the 1:1 ratio between US dollar and USDOT is maintained whilst keeping the market in balance between supply and demand. And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of USDOT tokens from circulation when needed, ensuring a balance between USDOT and the US dollar. Thanks to this mint-and-burn mechanism, the price of USDOT is always in equilibrium with the price of the US dollar.
Daily trade volume is 2,312,156 INR.
The Token Teknoloji A.Ş. USD price today in INR is 83.4. Through the Token Teknoloji A.Ş. USD price history, the price ranges from 96.61 INR (all time high) to 70.49 INR (all time low). Token Teknoloji A.Ş. USD price last 24 hours fluctuated from 83.71 INR (24h high) to 83.19 INR (24h low).
Check the Token Teknoloji A.Ş. USD value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://www.token.com.tr/en/reserve-tokens/usd-token-usdot/
Block explorers: https://snowtrace.io/token/0x2F5DE51823E514De04475ba8Db1eEBA5B244ba84 https://polygonscan.com/token/0x2F5DE51823E514De04475ba8Db1eEBA5B244ba84 https://avascan.info/blockchain/c/address/0x2F5DE51823E514De04475ba8Db1eEBA5B244ba84/token
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Token Teknoloji A.Ş. USD live price may differ in various exchanges. Check USDOT real-time data to make informed decisions.
You can buy Token Teknoloji A.Ş. USD on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell USDOT at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Token Teknoloji A.Ş. USD trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Token Teknoloji A.Ş. USD and trade with REVENUEBOT in less than a second.
In short, only if the current value of Token Teknoloji A.Ş. USD will be less than the value of Token Teknoloji A.Ş. USD at the moment of selling in the future. The Token Teknoloji A.Ş. USD chart can only assist the Token Teknoloji A.Ş. USD value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Token Teknoloji A.Ş. USD value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the USDOT supply. Check the Token Teknoloji A.Ş. USD live chart to see the current supply and predict how long it will take for the coins to run out.
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