Liquity USD (LUSD) Trading Up 1.8% Over Last Week

Liquity USD (LUSD) traded 1.7% higher against the U.S. dollar during the twenty-four hour period ending at 22:00 PM E.T. on September 24th. Liquity USD has a total market capitalization of $70.13 million and approximately $44,104.76 worth of Liquity USD was traded on exchanges in the last day. In the last week, Liquity USD has traded up 1.8% against the U.S. dollar. One Liquity USD token can now be bought for $1.02 or 0.00001579 BTC on major exchanges.

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

• 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 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.
• 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 8.9% higher 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.
• MVP Coin (MVP) traded down 6.2% against the dollar and now trades at $0.0447 or 0.00000069 BTC.
• P2P Solutions foundation (P2PS) traded 1% higher against the dollar and now trades at $170.85 or 0.00265371 BTC.

About Liquity USD

Liquity USD launched on April 4th, 2021. Liquity USD’s total supply is 68,989,367 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 website is www.liquity.org. 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.”

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Liquity USD using one of the aforementioned exchanges.

LUSD/USD price chart by TradingView