Cred (LBA) Market Capitalization Tops $3.33 Million

Cred (CURRENCY:LBA) traded down 7.3% against the US dollar during the one day period ending at 11:00 AM E.T. on October 14th. One Cred coin can now be bought for approximately $0.0034 or 0.00000006 BTC on major exchanges. Over the last week, Cred has traded 0.3% lower against the US dollar. Cred has a market capitalization of $3.33 million and approximately $633,782.00 worth of Cred was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

  • Starname (IOV) traded 3.9% lower against the dollar and now trades at $4,099.30 or 0.08159023 BTC.
  • Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00001737 BTC.
  • Chainlink (LINK) traded 9.5% higher against the dollar and now trades at $27.20 or 0.00047261 BTC.
  • Polygon (MATIC) traded up 2.4% against the dollar and now trades at $1.32 or 0.00002639 BTC.
  • Polygon (MATIC) traded up 5.5% against the dollar and now trades at $1.28 or 0.00002227 BTC.
  • Axie Infinity (AXS) traded 14.2% higher against the dollar and now trades at $136.85 or 0.00237765 BTC.
  • DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded 19.5% lower against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • FTX Token (FTT) traded up 4.1% against the dollar and now trades at $55.42 or 0.00096298 BTC.
  • Dai (DAI) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001739 BTC.

About Cred

Cred (LBA) is a coin. It launched 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.   “

Cred Coin Trading

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

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