IDEX (IDEX) Hits Market Cap of $52.43 Million

IDEX (IDEX) traded 0.8% higher against the U.S. dollar during the 24-hour period ending at 19:00 PM ET on May 26th. In the last seven days, IDEX has traded 5.1% lower against the U.S. dollar. One IDEX token can currently be bought for $0.0778 or 0.00000291 BTC on major exchanges. IDEX has a total market capitalization of $52.43 million and approximately $13.83 million worth of IDEX was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 1.2% against the dollar and now trades at $0.33 or 0.00001243 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded 2.4% lower against the dollar and now trades at $0.0017 or 0.00000006 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.3% against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded 25.2% higher against the dollar and now trades at $0.0198 or 0.00000074 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.8% against the dollar and now trades at $0.0088 or 0.00000033 BTC.

About IDEX

IDEX launched on January 18th, 2018. IDEX’s total supply is 1,000,000,000 tokens and its circulating supply is 673,858,614 tokens. The official website for IDEX is idex.io. The Reddit community for IDEX is https://reddit.com/r/idex and the currency’s Github account can be viewed here. IDEX’s official message board is medium.com/idex. IDEX’s official Twitter account is @idexio and its Facebook page is accessible here.

According to CryptoCompare, “IDEX is an ERC-20 token based on the Ethereum blockchain that will support the ID6EX platform, a set of Dapps and protocols that together constitute a decentralized and autonomous banking and finance platform.

IDEX is bringing its DEX to multiple high-performance blockchains. IDEX is currently available on Ethereum and Binance Smart Chain, with Polkadot and others to follow. Bridging the IDEX token to each blockchain enables stakers to secure IDEX’s L2 on all networks. In return, stakers earn 50% of the trading fees on all IDEX products.

Scaling: IDEX uses Merkle roots to batch settle transactions, to reduce gas and congestion issues.

**IDEX rebranded its token (previously known has Aurora (AURA)) to IDEX (IDEX)**. Read more [here](https://medium.com/idex/aurora-dao-rebranding-to-idex-9611e5ef810f).”

Buying and Selling IDEX

It is usually not possible to buy alternative cryptocurrencies such as IDEX directly using U.S. dollars. Investors seeking to acquire IDEX should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy IDEX using one of the aforementioned exchanges.

IDEX/USD price chart by TradingView