Liquity USD (LUSD) Hits One Day Trading Volume of $54,617.05

Liquity USD (LUSD) traded up 0.1% against the US dollar during the 1-day period ending at 8:00 AM Eastern on February 14th. One Liquity USD token can currently be purchased for approximately $1.00 or 0.00001036 BTC on major cryptocurrency exchanges. In the last week, Liquity USD has traded down 0% against the US dollar. Liquity USD has a total market cap of $57.41 million and $54,617.05 worth of Liquity USD was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 up 1.2% 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.
• SolvBTC (SOLVBTC) traded up 0.9% against the dollar and now trades at $96,602.06 or 0.99999129 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.1% higher against the dollar and now trades at $96,193.30 or 0.99575994 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Liquity USD Profile

Liquity USD’s launch date was April 4th, 2021. Liquity USD’s total supply is 57,364,984 tokens. 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. 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.”

Liquity USD Token Trading

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

LUSD/USD price chart by TradingView