Liquity USD Price Down 0.3% This Week (LUSD)

Liquity USD (LUSD) traded 0.1% lower against the dollar during the 1 day period ending at 19:00 PM E.T. on February 8th. Liquity USD has a total market cap of $153.36 million and approximately $2.27 million worth of Liquity USD was traded on exchanges in the last day. In the last week, Liquity USD has traded 0.3% lower against the dollar. One Liquity USD token can now be purchased for $1.00 or 0.00002201 BTC on popular cryptocurrency exchanges.

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

  • KILT Protocol (KILT) traded 0.6% higher against the dollar and now trades at $0.35 or 0.00000771 BTC.
  • 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 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.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded 0% higher against the dollar and now trades at $0.0121 or 0.00000027 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 1.7% lower against the dollar and now trades at $0.0090 or 0.00000020 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Liquity USD Token Profile

Liquity USD’s genesis date was April 4th, 2021. Liquity USD’s total supply is 153,754,355 tokens. 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. Liquity USD’s official Twitter account is @liquityprotocol and its Facebook page is accessible 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.”

Liquity USD Token Trading

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

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