Liquity USD (LUSD) Price Hits $1.01

Liquity USD (LUSD) traded 0.1% lower against the US dollar during the twenty-four hour period ending at 14:00 PM E.T. on January 25th. One Liquity USD token can now be purchased for approximately $1.01 or 0.00004457 BTC on exchanges. During the last seven days, Liquity USD has traded 0.6% lower against the US dollar. Liquity USD has a market cap of $175.00 million and $7.64 million worth of Liquity USD was traded on exchanges in the last 24 hours.

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

  • Aidi Finance (BSC) (AIDI) traded 5.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 4.1% lower against the dollar and now trades at $0.0589 or 0.00000260 BTC.
  • CareCoin (CARES) traded 4.1% lower against the dollar and now trades at $0.0732 or 0.00000323 BTC.
  • OmniaVerse (OMNIA) traded 3.7% higher against the dollar and now trades at $0.0021 or 0.00000009 BTC.
  • Kitty Inu (KITTY) traded 4.2% lower against the dollar and now trades at $90.58 or 0.00400271 BTC.
  • Lunar (LNR) traded down 4.7% against the dollar and now trades at $0.0277 or 0.00000122 BTC.
  • Hokkaidu Inu (HOKK) traded 15.2% higher against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • QANplatform (QANX) traded 4.1% lower against the dollar and now trades at $6,358.37 or 0.28097867 BTC.
  • 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $135.06 or 0.00596835 BTC.
  • Lego Coin (LEGO) traded 1% lower against the dollar and now trades at $0.0405 or 0.00000178 BTC.

Liquity USD Token Profile

Liquity USD’s launch date was April 4th, 2021. Liquity USD’s total supply is 172,923,372 tokens. Liquity USD’s official website is www.liquity.org. Liquity USD’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. 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 currently possible to purchase alternative cryptocurrencies such as Liquity USD directly using US dollars. Investors seeking to trade Liquity USD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Liquity USD using one of the exchanges listed above.

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