How to Buy MonoSwap USD Crypto (MUSD)

What is MonoSwap USD (MUSD)?

According to Coingecko, MonoSwap USD is : MUSD is a way of giving back the native yield and the gas revenue share from Blast, along with other sources of income, to MonoSwap's users and supporters. The collateral comes from: - Users deposit USDB at the market rate in order to mint new MUSD. - Part of the fees from transactions on MonoSwap will be converted to USDB and deposited into the collateral to back MUSD. This deposit does not put new MUSD in circulation. - All of Blast's native yield from ETH, USDB, and gas revenue share will be gathered in the Mono Treasury, then converted into USDB and deposited into the collateral to back MUSD, which does not put new MUSD in circulation either. MUSD Features: - MUSD is not pegged but backed by the yield-generating USDB - Blast's auto-rebasing stablecoin - With a unique mechanism, MUSD's price does not go down, and can't be lower than USDB - MUSD holds value down to the last holder even when everyone sells out - The value of MUSD can increase faster after a massive dump - Anyone can redeem MUSD for USDB at any time - Value growth is attentively controlled - There’s no maximum supply

Where can I buy MUSD Crypto?

The best website to buy MonoSwap USD is Simpleswap.

With Simpleswap you can buy almost every reputable token without needing to register or providing proof of identity. The process is incredibly simple and quick.

How to Buy MonoSwap USD on Simpleswap

To buy MonoSwap USD on Simpleswap, first you need to click here to access the Simpleswap App. Now, click the "Buy Crypto" tab, select your fiat currency, and then select MUSD, just like in this example:

Once you selected the currency you want to pay in, and MUSD, you need to paste your respective wallet address where you want to receive your MUSD.

With Simpleswap, you'll receive your MonoSwap USD directly on your on-chain wallet without need to deposit and withdraw like in every other exchange.

You can now choose between Google Pay or card to complete the payment:

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in your wallet.

Please make sure you read our Disclaimer. We are not financial advisors.