Liquity USD One Day Volume Hits $528,774.42 (LUSD)

Liquity USD (LUSD) traded 0.1% lower against the U.S. dollar during the 1-day period ending at 22:00 PM Eastern on October 18th. One Liquity USD token can now be bought for $1.00 or 0.00001459 BTC on popular exchanges. Liquity USD has a market capitalization of $70.71 million and approximately $528,774.42 worth of Liquity USD was traded on exchanges in the last 24 hours. In the last seven days, Liquity USD has traded down 0.1% against the U.S. dollar.

Here is how other cryptocurrencies have performed in 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 2.2% lower 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 down 2.2% 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 up 50.5% against the dollar and now trades at $0.0743 or 0.00000109 BTC.
• P2P Solutions foundation (P2PS) traded up 0.2% against the dollar and now trades at $171.06 or 0.00250116 BTC.

Liquity USD Token Profile

Liquity USD was first traded on April 4th, 2021. Liquity USD’s total supply is 70,857,347 tokens. 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. The official website for Liquity USD is www.liquity.org.

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 purchase alternative cryptocurrencies such as Liquity USD directly using US dollars. Investors seeking to acquire Liquity USD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Liquity USD using one of the aforementioned exchanges.

LUSD/USD price chart by TradingView