Liquity USD Price Tops $1.00 (LUSD)

Liquity USD (LUSD) traded 0% higher against the US dollar during the 24 hour period ending at 15:00 PM ET on June 26th. Over the last seven days, Liquity USD has traded 0.1% lower against the US dollar. One Liquity USD token can currently be bought for about $1.00 or 0.00001638 BTC on major exchanges. Liquity USD has a market cap of $84.25 million and approximately $211,520.40 worth of Liquity USD was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 0.2% lower against the dollar and now trades at $0.21 or 0.00000340 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 2.2% lower 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 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 2% against the dollar and now trades at $0.0112 or 0.00000018 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 84,409,307 tokens. 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. Liquity USD’s official Twitter account is @liquityprotocol and its Facebook page is accessible 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 possible to buy alternative cryptocurrencies such as Liquity USD directly using US dollars. Investors seeking to acquire Liquity USD should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Liquity USD using one of the exchanges listed above.

LUSD/USD price chart by TradingView