GUSD for Flights
How can GUSD be used?
No matter where a user is based, GUSD can be used globally to access the stability of USD, making it safer compared to more volatile currencies. GUSD can be used on the Gemini exchange to buy and sell other cryptocurrencies, without having to convert cryptocurrencies to USD. This makes GUSD ideal for trading purposes, or a way to earn interest.
What does GUSD stand for?
GUSD is the common abbreviation of Gemini Dollars, the cryptocurrency issued by the Gemini exchange.
What are stablecoins?
Stablecoins are cryptocurrencies which have a stable value, pegged to the value of an underlying asset. Stablecoins have the aim of mitigating the risk of price volatility, while maintaining the beneficial characteristics of cryptocurrencies, such as relative freedom, censorship assistance and the free flow of capital. One of the most popular stable coins is Tether (USDT), which is in the list of top ten largest cryptocurrencies in the world (by market capitalization). Other stablecoins include DAI.
Where can I buy the Gemini Dollar?
Since the coin was released in September 2018, the Gemini dollar is already listed on a multitude of exchanges. The most popular place to buy GUSD is on the Gemini exchange. But there are also lots of other popular digital wallets, such as Edge, Enjin, and Ethos, that will allow you to exchange other cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, into GUSD.
Alternatives to Gemni Dollar
GUSD is currently unavailable at Alternative Airlines at the moment. But, we do have loads of other popular cryptocurrencies available that you can use to buy flights instead. This includes Dash, Bitcoin, USDT, Litecoin, Ripple and UTK.