Liquity (LQTY) Price Reaches $0.67 on Top Exchanges

Liquity (LQTY) traded down 4% against the dollar during the 24-hour period ending at 20:00 PM Eastern on August 20th. Liquity has a total market capitalization of $62.81 million and approximately $18.07 million worth of Liquity was traded on exchanges in the last 24 hours. One Liquity token can currently be purchased for approximately $0.67 or 0.00001129 BTC on popular cryptocurrency exchanges. In the last week, Liquity has traded 3% higher against the dollar.

Here’s how related cryptocurrencies have performed in 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 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 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 12.4% 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 $0.0440 or 0.00000074 BTC.

Liquity Token Profile

Liquity launched on October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 94,018,863 tokens. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. 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. The official website for Liquity is www.liquity.org.

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 possible to purchase alternative cryptocurrencies such as Liquity directly using US dollars. Investors seeking to trade Liquity should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Liquity using one of the aforementioned exchanges.

LQTY/USD price chart by TradingView