Liquity USD Price Tops $1.00 on Exchanges (LUSD)

Liquity USD (LUSD) traded 0.1% higher against the dollar during the 24 hour period ending at 7:00 AM Eastern on May 8th. One Liquity USD token can now be purchased for approximately $1.00 or 0.00001604 BTC on popular cryptocurrency exchanges. Liquity USD has a market cap of $109.91 million and approximately $378,470.80 worth of Liquity USD was traded on exchanges in the last day. In the last week, Liquity USD has traded 0.1% higher against the dollar.

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

• KILT Protocol (KILT) traded down 0.7% against the dollar and now trades at $0.30 or 0.00000478 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 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.
• Kitty Inu (KITTY) traded up 1.9% 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 flat against the dollar and now trades at $0.0086 or 0.00000013 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 2.1% higher against the dollar and now trades at $0.0102 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Liquity USD

Liquity USD’s launch date was April 4th, 2021. Liquity USD’s total supply is 109,891,798 tokens. Liquity USD’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. The official website for Liquity USD 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 presently 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 Coinbase, 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