NuBits is one of the stable-value cryptocurrency issued by a Decentralized autonomous organization marketed under the same name. Nu shareholders place buy and sell orders at $1.00 using revenue from NuBit sales kept in external crypto assets and achieve stability in NuBits. NuBits has been able to maintain a $1.00 US price for one year, it is the first decentralized cryptocurrencies to do so.
NuBits has primary three use cases- 1. Buying- You can buy from NuBits $1.00 US means do not have to keep track of tax gains or losses on each purchase, unlike other digital currencies like Bitcoin, Litecoin, or Dogecoin. Buying products and services using digital currencies has just been made easier with NuBits. 2. Selling- NuBits has no physical transferring cost to get funds off-site, there are no vendor fees, and have multiple advances as compared to taking cash 3. Transferring- Transferring funds from NuBits requires pennies per transaction.
How to buy sell NuBits (USNBT)
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