Market pair to trade USDD tokens
How to buy with Bank Card
Use your bank card or Apple Pay to obtain $USDD altcoins for your local fiat currency.
- Log in and generate the USDT (ERC20) address by clicking the [+ Deposit] button here.
- Enter the generated ERC20 address on the bank card processing page. Also, enter the amount of USDT and press the "Continue" button.
- After you get a confirmation email, you can obtain the USDD's tokens here.
Token Info
- Token: Classic Dollar
- Symbol: USDD
- Website: https://classicusdt.com/.
- Token total supply: 50,000,000,000
- Smart contract address (BEP20): 0x96Ba4e84Fcd4ae0971598683De7f9033aB84ca95.
The Classic Dollar (USDD) Token aims to provide stability in the rapidly fluctuating cryptocurrency market by pegging its value to the US dollar. The project seeks to redefine stablecoin standards through a decentralized platform that prioritizes investor protection, enhanced security, and fast blockchain transactions. The initial coin offering (ICO) for the Classic USDD Token has raised over $45 million, nearing its $50 million target, indicating substantial interest in the project.
Overview
Classic USDD is presented as a stablecoin, with each token backed by a corresponding US dollar held in reserve. It is designed to combine the reliability of traditional financial systems with the technological benefits of blockchain. The project advertises itself as a solution for those looking for secure, low-cost, and efficient ways to interact with digital currencies, focusing on mobile payments, confidentiality, and zero transaction fees.
Key Features
1. Stable Value: The value of Classic USDD is pegged to the US dollar, offering stability in the often volatile crypto market. Each token is backed by reserves, creating a one-to-one ratio with the dollar.
2. Zero Transaction Fees: A key selling point of Classic USDD is the promise of lifetime free transactions, allowing users to move funds without incurring extra costs.
3. Security and Control: The project emphasizes security, with cryptographic protocols and strong privacy measures to protect users’ assets and personal information.
4. Decentralized and Fast: Built on a blockchain platform, Classic USDD offers fast transaction speeds and claims to be the “fastest blockchain.” Decentralization ensures that control over funds remains with the users, not a centralized authority.
5. Tokenomics and Investor Protection: Classic USDD’s ICO includes a token allocation and funding distribution plan that outlines clear stages for development, partnerships, and marketing. Investor protection mechanisms are in place to ensure participants’ funds are safeguarded.
Tokenomics
The Classic USDD token supply includes 50 million tokens, with an exchange rate of 1 ETH = 2735 USDD or 1 BTC = 64030 USDD. The presale period runs until 2026, allowing investors to buy tokens using major cryptocurrencies like Ethereum (ETH), Bitcoin (BTC), and Litecoin (LTC). A portion of the token supply is reserved for the development of the platform.
Roadmap
Classic USDD’s development roadmap outlines a long-term vision, beginning with website development, smart contract deployment, and pre-sale in Q1 2024. Later phases, stretching into 2026, focus on the token launch, NFT marketplace development, decentralized exchange (DEX) listings, and partnerships. The project plans to integrate a metaverse demo, expanding its ecosystem into virtual experiences by 2025.
Blockchain Features
Classic USDD also highlights its blockchain’s capabilities, which include robust security measures, governance mechanisms, and comprehensive analytics tools. The platform supports multiple blockchain protocols like Ethereum, enhancing interoperability with other projects. Key pain points in the blockchain industry, such as privacy, scalability, and regulatory compliance, are addressed through advanced technology solutions integrated into the Classic USDD ecosystem.
Potential Risks
While Classic USDD presents an ambitious plan for stability and security, the project operates in a highly competitive space, where other stablecoins like USDT and USDC already have established market dominance. The long ICO period until 2026 may also raise concerns for investors seeking quicker returns on their investments.
Conclusion
Classic Dollar (USDD) is positioned as a stable, secure, and decentralized solution for investors looking for stability in the cryptocurrency market. By pegging its value to the US dollar and offering zero transaction fees, the token aims to provide a reliable and cost-effective digital currency. However, with a lengthy development timeline and competition from established stablecoins, its long-term success will depend on the team’s ability to deliver on its roadmap and attract a large user base.
Risk Warning
Kindly note that trading cryptocurrencies involves considerable risks and may lead to a loss of invested capital. So, please ensure that you understand all the risks involved. Also, consider your experience level and follow independent financial advice if needed.
Useful links
- Learn how to trade.
- Also, check trade statistics on Tokpie.
- Moreover, find Tokpie’s trade fees and withdrawal commissions.
- Find many other best altcoins on the DAPP.
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