How to Buy SORA Synthetic USD Crypto (XSTUSD)

What is SORA Synthetic USD (XSTUSD)?

According to Coingecko, SORA Synthetic USD is : XSTUSD is an algorithmic stablecoin from the SORA (XOR) network. XST is a synthetic asset backed by a variable amount of XOR and pegged to a target index (e.g., a currency). XOR is minted/deminted to always guarantee the value of the pegged index. The first index implemented is linked to the value of DAI and is called XSTUSD.

Where can I buy XSTUSD Crypto?

The best website to buy SORA Synthetic 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 SORA Synthetic USD on Simpleswap

To buy SORA Synthetic 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 XSTUSD, just like in this example:

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

With Simpleswap, you'll receive your SORA Synthetic 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.