Liquity USD (LUSD) Trading Up 0.2% Over Last 7 Days

Liquity USD (LUSD) traded 0.2% lower against the dollar during the 24-hour period ending at 8:00 AM E.T. on October 17th. One Liquity USD token can now be bought for about $1.00 or 0.00001494 BTC on major exchanges. During the last week, Liquity USD has traded 0.2% higher against the dollar. Liquity USD has a total market capitalization of $69.45 million and approximately $76,558.06 worth of Liquity USD was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded 1.3% lower against the dollar and now trades at $167.95 or 0.00251292 BTC.

Liquity USD Profile

Liquity USD launched on April 4th, 2021. Liquity USD’s total supply is 69,535,730 tokens. Liquity USD’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. Liquity USD’s official website is www.liquity.org. The Reddit community for Liquity USD is https://reddit.com/r/liquity and the currency’s Github account can be viewed here.

According to CryptoCompare, “Liquity is a decentralized borrowing protocol that allows users to draw interest-free loans against Ether used as collateral. Loans are paid out in LUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%.
In addition to the collateral, the loans are secured by a Stability Pool containing LUSD and by fellow borrowers collectively acting as guarantors of last resort.”

Buying and Selling Liquity USD

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

LUSD/USD price chart by TradingView