Cred 1-Day Trading Volume Hits $113,896.00 (LBA)

Cred (LBA) traded 11.1% lower against the US dollar during the 1 day period ending at 9:00 AM Eastern on May 14th. Cred has a market capitalization of $907,105.24 and approximately $113,896.00 worth of Cred was traded on exchanges in the last 24 hours. In the last week, Cred has traded down 53.3% against the US dollar. One Cred coin can currently be bought for about $0.0009 or 0.00000003 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • BITCOIN ADDITIONAL (BTCA) traded 5.2% lower against the dollar and now trades at $28,891.88 or 1.00010132 BTC.
  • Binance USD (BUSD) traded 0.2% higher against the dollar and now trades at $1.00 or 0.00003470 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded down 0% against the dollar and now trades at $1.00 or 0.00003461 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • Polygon (MATIC) traded down 10.9% against the dollar and now trades at $0.63 or 0.00002174 BTC.
  • yOUcash (YOUC) traded down 0.2% against the dollar and now trades at $0.50 or 0.00001728 BTC.

Cred Coin Profile

Cred (LBA) is a coin. It was first traded on April 12th, 2018. Cred’s total supply is 1,000,000,000 coins and its circulating supply is 990,410,205 coins. The Reddit community for Cred is /r/Libra_Credit and the currency’s Github account can be viewed here. Cred’s official Twitter account is @LibraCredit and its Facebook page is accessible here. Cred’s official website is www.mycred.io.

According to CryptoCompare, “Cred (LBA) is a cryptocurrency token and operates on the Ethereum platform. It is a decentralized lending ecosystem that facilitates global open access to credit.  LBA is a global utility token that enables superior rates on digital assets. Cred lends USD, Euros and other fiat currencies with your crypto assets as collateral. No need to sell your crypto, simply access a secured line of credit. Cred offers the most competitive interest rates on digital assets such as BTC, XRP, ETH and fiat currencies such as the USD and EURO. Access your earning potential through one of Cred’s many partners. No minimum investment size, no hidden fees, just great returns. Earn up to 10% on your digital assets including crypto, fiat, and precious metals. Cred has one of the most comprehensive insurance policies available on the market, including Cyber hacking, E&O and regulatory coverage. Cred works with Lockton, one of the world’s largest privately owned, independent insurance brokerage firms, and with some of the largest insurance underwriters in the world.   “

Buying and Selling Cred

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

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