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EXMO Cryptoexchange 11 January 2023 at 08:38Rate your response 000
Earlier on EXMO.me there was an explanatory article for exchange users that USDX is not a Coin, it is a fiat – USD with a modified ticker.
Thus, USDX is a full analogue of the dollar at EXMO.me.
Please note that the USDX exchange rate for deposit and withdrawal in USD 1:1
What What is the USDX?
It is an over-the-counter ticker for the U.S. dollar. Any dollar deposit of a platform user when deposited on EXMO.me is displayed as USDX. There is no exchange rate conversion. That is, for a deposit of 100 USD, you will receive 100 USDX on the balance (not including the commission for the deposit). Similarly, when withdrawing funds: if you withdraw 100 USDX, you will receive 100 USD in the payment system.
The same principle applies to withdrawals to margin platform, and when returning funds from it to the spot wallet. Thus, USDX is a full analogue of the dollar on EXMO.me.The situation with The course arose due to the fact that the USDX (formally looking like something new and just appeared) has caused some users to want to to speculate on the situation that has arisen, and in some part of the users – the desire to realize the specified currency. The combination of these factors caused panic sentiment and the exchange rate fell on the background of obvious speculation. We believe that the mentioned situation with speculation on USDX is a natural process and the rate will stabilize.
We emphasize – the rate at entry and 1:1, at withdrawal according to the current rate, which excludes any dishonesty on the part of
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