Liquity (LQTY) Price Hits $0.84 on Major Exchanges

Liquity (LQTY) traded down 15.5% against the U.S. dollar during the 1 day period ending at 19:00 PM Eastern on August 27th. One Liquity token can currently be bought for about $0.84 or 0.00001402 BTC on popular cryptocurrency exchanges. Liquity has a market capitalization of $78.74 million and $27.10 million worth of Liquity was traded on exchanges in the last 24 hours. During the last seven days, Liquity has traded up 25.5% against the U.S. dollar.

Here’s how related cryptocurrencies have performed during 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 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 1.2% higher 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 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 12.6% lower against the dollar and now trades at $0.0529 or 0.00000089 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Liquity Profile

Liquity’s launch date was October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 94,069,410 tokens. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. Liquity’s official website is www.liquity.org. The official message board for Liquity is medium.com/liquity. The Reddit community for Liquity 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 take out interest-free loans using Ether as collateral. The loans are paid out in a USD-pegged stablecoin called LUSD, and borrowers must maintain a minimum collateral ratio of 110%. Loans are secured by a Stability Pool containing LUSD and by fellow borrowers acting as guarantors. Liquity is a non-custodial, immutable, and governance-free protocol. LUSD can be redeemed at any time against the underlying collateral. LQTY is the secondary token issued by Liquity, capturing fee revenue and incentivizing early adopters and frontends, with a total supply cap of 100,000,000 tokens. For more information on LQTY, see LQTY Rewards and Distribution.”

Buying and Selling Liquity

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

LQTY/USD price chart by TradingView