USDK Crypto
USDK is trading at 1.0 as of the 24th of November 2024, a No Change since the beginning of the trading day. Cryptocurrency ratings for USDK are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
USDK is a digital token from a market place for peer-to-peer digital currency indicated as Cryptocurrency. Please note that USDK has not been traded in the last 3 months and is extremely volatile. Cryptocurrencies such as USDK are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as USDK are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.
USDK Crypto Coin Highlights
Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. USDK's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding USDK or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
| Business Concentration | Technology, Cryptocurrency, Blockchain (View all Sectors) |
USDK is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. USDK is an ERC-20 stablecoin co-developed by OKLink, a blockchain technology company, and Prime Trust, a US-licensed trust company. Every USDK is backed by 1 USD from the Prime Trust Special Account. With a guaranteed 1:1 conversion rate between USDK and USD, the monetary value is 100% reserved. Also, an audit firm will provide monthly reports for maximum transparency to the public. | |
| Other Smart Contract Address | View |
| Symbol | USDK |
| Rating | C+ |
| Name | USDK |
| Sponsored | false |
| Built On | ETH |
| Decimal Points | 18.0 |
| Is Trading | true |
| Asset Launch Date | 2019-05-17 |
| Full Name | USDK (USDK) |
| Asset Website Url | https://www.oklink.com/en |
| Platform Type | token |
| Coin Name | USDK |
| Total Coins Mined | 488,711 |
| Smart Contract Address | View |
USDK (USDK) is traded on CRYPTO Exchanges. USDK is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate USDK's market, we take the total number of its shares issued and multiply it by USDK's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
USDK's Exchanges and Markets
USDK Against Markets
USDK Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with USDK crypto coin to make a market-neutral strategy. Peer analysis of USDK could also be used in its relative valuation, which is a method of valuing USDK by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Investing Ideas
In addition to having USDK in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Thematic Opportunities
Explore Investment Opportunities
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.