What is Verified USD (USDV)?
Verified USD (USDV) is a stablecoin announced by the Verified USD Foundation. It is community-driven and fully backed by tokenized US Treasury Bills (T-bills), offering a stable value with real-time verification through proof-of-reserve. USDV is pegged 1:1 with the US Dollar and is backed by STBT, which includes cash, overnight repo, and short-term treasuries. Operating under the ERC-20 standard, USDV is an omnichain fungible token integrated with LayerZero’s Omnichain Fungible Token (OFT) Standard, making it available on multiple blockchain networks like Ethereum, BSC, Avalanche, Arbitrum, and Optimism.
Several factors influence the price of USDV. As a stablecoin, its value is designed to be stable and pegged to the US Dollar. The foundation behind USDV aims to create a sustainable and progressive stablecoin ecosystem, employing the ColorTrace algorithm developed by LayerZero for fair and transparent reward distribution among verified minters. This novel approach to value attribution within the stablecoin ecosystem is likely to impact its price and investor sentiment. The underlying reserve asset for USDV, provided by Matrixport’s Short-term Treasury Bill Token (STBT), offers real-time verification via on-chain Proof-of-Reserves, ensuring the stability and reliability of USDV. This transparency and security audit of its smart contracts can also influence investor trust and, consequently, its price. Additionally, the interoperability of USDV across various blockchain networks, facilitated by LayerZero’s Omnichain Fungible Tokens (OFT) Standard, could affect its accessibility and usage, further influencing its price and market perception.
The cheapest way to Buy Verified USD (USDV) on Bitget
On Bitget you can buy Verified USD (USDV) easily and fast. Bitget offers:
- Low fees; transparent fees with no hidden fees.
- Multiple payment methods, such as Credit/Debit Card, Sepa transfer, p2p and more!
- 500+ assets; buy Verified USD (USDV) along with hundreds of other crypto assets
- 24/7 dedicated customer support
- Safe and Secure; Bitget prioritizes the safety of your crypto assets, transactions and personal information
Simple 3-step guide to buying USDV today in Slovakia
Create your free Bitget account
Select a funding method
Complete your Verified USD purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Verified USD using a payment method of your choice:
Buy Verified USD with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Verified USD order.
How to buy crypto with credit/debit cardBuy Verified USD with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Verified USD is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Verified USD order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Verified USD order.Buy Verified USD with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your Verified USD order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Verified USD in your Bitget spot wallet
Bitget—where the world trades Verified USD
How to buy Verified USD for free
- Learn how to earn Verified USD for free through the Learn2Earn promotion
- Earn free Verified USD by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Verified USD airdrops by joining On-going challenges and promotions
Buy other cryptos
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FAQ
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Slovakia, officially the Slovak Republic, is located in Central Europe. Bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the southwest, and the Czech Republic to the northwest, Slovakia is a landlocked country with no access to the ocean. It covers 49,035 square kilometres and has a population of 5.46 million. Slovakia joined the European Union on May 2004 and adopted the Euro (EUR) as its national currency and with EUR, you can purchase cryptos on Bitget within minutes.
A country featuring attractions both natural and cultural, Slovakia has no shortage of tourists both domestic and foreign. People flock to its mountains, caves, and spas for adventures and retreats. Tatra mountains, the highest mountain range in the Carpathian Mountains, are popular among hikers and skiers. Spelunkers favour numerous caves under the mountains in Slovakia. Numerous spas are welcoming visitors, chief among them from the Gulf countries, throughout the year. With 9 national parks covering 6.5% of its land surface, Slovakia is also home to several protected biospheres.
Slovakia features many castles and churches as cultural heritages from the middle ages. Cities and towns in Slovakia resemble those of Czech, Austria, and Hungary. Historical centres are also being restored and preserved throughout the country.
Whether you’re in Bratislava, Košice, or Prešov, there’s no better place to trade cryptocurrencies with ease than right here with Bitget. Our exchange uses a variety of secure methods, including P2P trading, crypto deposits, and other third-party merchants, such as Apple Pay, Google Pay, and numerous credit cards, to offer you plenty of payment options with proven security.