IDEX (IDEX) Hits Market Capitalization of $44.14 Million

IDEX (IDEX) traded 6.1% lower against the US dollar during the one day period ending at 10:00 AM ET on May 23rd. IDEX has a total market cap of $44.14 million and $6.01 million worth of IDEX was traded on exchanges in the last 24 hours. One IDEX token can now be bought for $0.0547 or 0.00000081 BTC on exchanges. During the last week, IDEX has traded 2.8% lower against the US dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 11.4% lower against the dollar and now trades at $0.27 or 0.00000399 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 4% lower against the dollar and now trades at $0.0100 or 0.00000015 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About IDEX

IDEX’s launch date was January 18th, 2018. IDEX’s total supply is 1,000,000,000 tokens and its circulating supply is 807,488,993 tokens. IDEX’s official website is idex.io. IDEX’s official Twitter account is @idexio and its Facebook page is accessible here. The Reddit community for IDEX is https://reddit.com/r/idex and the currency’s Github account can be viewed here. The official message board for IDEX is medium.com/idex.

According to CryptoCompare, “IDEX is a cryptocurrency token linked to the IDEX decentralized exchange. It’s an ERC-20 token on the Ethereum blockchain, used for governance and operations on the exchange. Token holders can vote on decisions, get a share of trading fees, and pay transaction fees. IDEX combines the speed of centralized exchanges with the security of decentralized ones, using a hybrid architecture that leverages off-chain and on-chain processes. It was created by Alex Wearn and Philip Wearn of Aurora Labs S.A.”

Buying and Selling IDEX

It is usually not possible to buy alternative cryptocurrencies such as IDEX directly using US dollars. Investors seeking to trade IDEX should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy IDEX using one of the aforementioned exchanges.

IDEX/USD price chart by TradingView