Liquity USD Price Reaches $1.00 on Major Exchanges (LUSD)

Liquity USD (LUSD) traded up 0.1% against the dollar during the 1 day period ending at 15:00 PM ET on May 24th. Liquity USD has a market capitalization of $112.00 million and approximately $1.75 million worth of Liquity USD was traded on exchanges in the last day. One Liquity USD token can now be purchased for $1.00 or 0.00001455 BTC on cryptocurrency exchanges. During the last seven days, Liquity USD has traded up 0.2% against the dollar.

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

• KILT Protocol (KILT) traded 0.9% higher against the dollar and now trades at $0.27 or 0.00000397 BTC.
• 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 down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0% lower against the dollar and now trades at $0.0099 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Liquity USD Token Profile

Liquity USD was first traded on April 4th, 2021. Liquity USD’s total supply is 111,561,670 tokens. Liquity USD’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. 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.

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 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 GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Liquity USD using one of the aforementioned exchanges.

LUSD/USD price chart by TradingView