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

Liquity USD (LUSD) traded down 0% against the U.S. dollar during the 1 day period ending at 8:00 AM E.T. on April 23rd. Liquity USD has a market cap of $112.05 million and approximately $560,945.83 worth of Liquity USD was traded on exchanges in the last day. One Liquity USD token can now be purchased for $1.00 or 0.00001514 BTC on popular cryptocurrency exchanges. Over the last week, Liquity USD has traded up 0.1% against the U.S. dollar.

Here’s how other cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded up 1.4% against the dollar and now trades at $0.34 or 0.00000510 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher 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 up 1.3% against the dollar and now trades at $0.0089 or 0.00000013 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Liquity USD Token Profile

Liquity USD’s genesis date was April 4th, 2021. Liquity USD’s total supply is 112,074,052 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 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 Gemini, GDAX or Coinbase. 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