Where to Buy Neutrino Dollar | Buy USDN | Buy Neutrino Dollar (USDN) with Credit Card?

Anthony Lynch
4 min readMay 29, 2020
KuCoin is the best place to buy, sell, trade, and hold USDN easily!

What is Neutrino Dollar (USDN)?

Neutrino is a Defi Dapp actively running on Waves Blockchain. Neutrino is a universal protocol where any user can create synthetic assets, particularly algorithmic stablecoins pegged to assets from the real world: USD-Neutrino (USDN), EUR-Neutrino, BTC-Neutrino, S&P 500-Neutrino, and so on. The stability of the price is provided by smart contracts written in Ride programming language and the exchange rate of the stablecoin to the reserve token is determined by a set of external oracles running on Waves blockchain mainnet. USDN (US Dollar Neutrino) is a stablecoin token pegged to US dollar. The token gives holders the ability of staking with rewards generated by the Waves Platform’s economy.

How To Buy Neutrino Dollar (USDN)?

  1. Buy USDN with KuCoin OTC
    Buy stablecoins (CAD, CNY, VND, etc) listed on KuCoin by wiring money into your KuCoin account. Once successfully purchased, you can use USDT to buy USDN on the KuCoin exchange.
  2. Trade USDN
    If you hold other cryptocurrencies, you can deposit them on KuCoin and then exchange them for Neutrino Dollar USDN at some of the best rates in the market.
  3. Buy Neutrino Dollar USDN with Credit Card
    While it is not currently possible to directly purchase USDN with a credit card, KuCoin offers the best route to purchase one of the coins available for credit card purchase and trade USDN for them with the best liquidity and lowest fees.

What Does USDN Do?

USDN can be used as payment token for any services or for traders to hedge their deposits. There is a good ability for staking also and many people can just hold their funds in USDN. Marketmakers are able to use USDN derivative — NSBT (utility token of the Neutrino protocol) tokens to implement a profitable scalping strategies under USDN/reserves volatility. Staking Neutrino is easy and does not require KYC: users need to simply launch the application. Currently, the dApp only works with Waves Keeper, so those interested need to install this browser extension and add enough WAVES to an account to use the platform.

Neutrino Team And History

The Neutrino protocol was developed by the team from Ventuary Labs, which previously released the online course “Mastering Web3 with Waves” for blockchain developers and also launched the DAO platform for Waves Labs incubator. Just three months after the beta launch, Neutrino became one of the most actively-used decentralized applications built on the Waves blockchain. According to dAppOcean, it is one of the most popular dApps within the ecosystem with almost thousands of users who have interacted with the Neutrino smart contract. Currently, over few full-time teams and many external contributors and auditors are working on Neutrino to help this crucial ecosystem project succeed in the long run.

Check out the Neutrino Dollar website for more details of the development team behind the project.

What to watch out for

The biggest risk factor to be aware of with Neutrino Dollar is simply it remains highly centralized. Until the team continuously work on increasing the level of decentralization of the system as much as possible, it’s not possible to tell whether Neutrino Dollar will be able to deliver on its promised potential, not to mention whether the platform will be able to remove technically its centralized elements.

Buy and Sell Neutrino Dollar (USDN) on the Move!

Download the KuCoin crypto trading app and trade your Neutrino Dollar (USDN) along with 200+ cryptocurrencies, anytime and anywhere!

KuCoin App Store
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KuCoin: The Best Place To Trade Neutrino Dollar (USDN) And Any Crypto!

Fast
KuCoin’s world-class matching engine supports up to 1 million transactions per second without any concerns of system overload for a quick and reliable trading experience

Simple
Trading crypto on KuCoin is easy and intuitive — buying USDN is done in just a few steps.

Secure & Trusted
Millions of global crypto users are already registered with KuCoin from 200+ countries and regions. The platform’s institutional-grade system architecture and partnership with Singapore’s crypto-asset custody Onchain Custodian will help protect your account.

Liquid
KuCoin is undoubtedly one of the world’s most liquid cryptocurrency exchange and has the highest daily volume of nearly $500 million (USD) with the smallest bid-ask spread in the industry

What to Do After I Buy Neutrino Dollar (USDN)?

Store/Hold USDN

Many users hold on to their USDN with the expectation of it increasing in value. You can store your USDN safely on your KuCoin account

Trade USDN

You can trade USDN plus 200+ cryptocurrencies on KuCoin’s industry-leading, fast, and secure trading platform. KuCoin offers some trading pairs for USDN to meet your needs.

Learn More About Neutrino Dollar (USDN)!

You can read more in-depth articles on USDN from KuCoin news and study how cryptocurrencies like Neutrino Dollar (USDN) actually work! Supported trading pair includes USDN/USDT. Trading and Withdrawal will be effective 18:00 on June 1, 2020 (UTC+8)

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