Pay for Flights with Gemini Dollar | GUSD
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Buy Flights using Gemini Dollar
With Alternative Airlines, it's easier than ever to book your flights and pay using the cryptocurrency of your choice. Use the search form at the top of the page to begin searching for flights. With over 600 global airlines to choose from, we can guarantee you'll find the right flights for you. Airlines include American Airlines, Delta Air Lines, Norwegian, British Airways, Emirates, and Qatar Airways, and Qantas. Once you reach checkout, choose 'cryptocurrency' and select 'GUSD' from the list.
Did you know? Gemini Dollar is just one of the many cryptocurrencies that we offer. Find out more here.
About Gemni Dollar
Gemini Dollar is a stablecoin created by Gemini, one of the largest cryptocurrencies in the United States. Today, GUSD is one of the largest stablecoins in the market. GUSD is pegged at a 1:1 ratio to the U.S. dollar (USD), meaning a GUSD is equal in value to $1 USD. It was launched by Gemini Trust Company and is owned by the billionaire Winklevoss twins. The Winklevoss brothers have stated that the coin aims to bridge the divide between the traditional finance sector and the crypto world.
Gemini received approval from the New York Department of Financial Services (NYDFS) to launch its stablecoin (GUSD) in 2018. The Winklevoss brothers have emphasised that this helps set their coin appart, stating that the coin is the ‘world’s first regulated stablecoin’, as it's regulated by the NYDFS. For every 1 GUSD issued, there is 1 USD held at Trust company and State Street Bank.
The Gemini Dollar is an ERC20 token, which means it was built atop the Ethereum network.
Why use GUSD?
Because GUSD is a stable coin, users can benefit from low cost and high-speed transactions, while reducing the risk of price volatility. GUSD is a great option for people wanting to utilize the advantages of cryptocurrencies, while reducing volatility in their assets. Some of the key benefits of using cryptocurrencies include:
- Fast transaction speeds
- Low transaction costs
- Total ownership of your money
GUSD for Flights
FAQs
How can GUSD be used?
No matter where a user is based, GUSD can be used globally to access the stability of USD, making it safer compared to more volatile currencies. GUSD can be used on the Gemini exchange to buy and sell other cryptocurrencies, without having to convert cryptocurrencies to USD. This makes GUSD ideal for trading purposes, or a way to earn interest.
What does GUSD stand for?
GUSD is the common abbreviation of Gemini Dollars, the cryptocurrency issued by the Gemini exchange.
What are stablecoins?
Stablecoins are cryptocurrencies which have a stable value, pegged to the value of an underlying asset. Stablecoins have the aim of mitigating the risk of price volatility, while maintaining the beneficial characteristics of cryptocurrencies, such as relative freedom, censorship assistance and the free flow of capital. One of the most popular stable coins is Tether (USDT), which is in the list of top ten largest cryptocurrencies in the world (by market capitalization). Other stablecoins include DAI.
Where can I buy the Gemini Dollar?
Since the coin was released in septiembre 2018, the Gemini dollar is already listed on a multitude of exchanges. The most popular place to buy GUSD is on the Gemini exchange. But there are also lots of other popular digital wallets, such as Edge, Enjin, and Ethos, that will allow you to exchange other cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, into GUSD.
Alternatives to Gemni Dollar
GUSD is now available at Alternative Airlines! We also offer loads more digital cryptocurrencies that you can use to buy flights instead. This includes Dash, Bitcoin, USDT, Litecoin, Ripple and UTK.
