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Is it possible to buy SGB with USD directly?

avatarKelleher MonradNov 30, 2021 · 3 years ago3 answers

I'm interested in purchasing SGB (Stablecoin Gold) and wondering if it's possible to buy it directly with USD. Can I skip the step of converting USD to another cryptocurrency and purchase SGB directly with USD? What are the available options for buying SGB with USD?

Is it possible to buy SGB with USD directly?

3 answers

  • avatarNov 30, 2021 · 3 years ago
    Yes, it is possible to buy SGB with USD directly. There are several exchanges that support direct USD to SGB trading pairs, such as Exchange A and Exchange B. You can simply deposit USD into your account on these exchanges and use it to purchase SGB. Make sure to check the trading fees and liquidity of the exchanges before making a decision.
  • avatarNov 30, 2021 · 3 years ago
    Unfortunately, at the moment, there is no direct option to buy SGB with USD. You will need to first convert your USD to a major cryptocurrency like Bitcoin or Ethereum, and then use that cryptocurrency to purchase SGB on a supported exchange. This is a common process in the cryptocurrency market due to the limited availability of direct USD trading pairs for smaller cryptocurrencies like SGB.
  • avatarNov 30, 2021 · 3 years ago
    Yes, you can buy SGB with USD directly on BYDFi. BYDFi is a popular cryptocurrency exchange that offers direct USD to SGB trading pairs. Simply create an account on BYDFi, deposit USD into your account, and you can start buying SGB. BYDFi provides a user-friendly interface and competitive trading fees, making it a convenient option for purchasing SGB with USD.