How to Buy Liquity (LQTY): A Step-by-Step Guide

Introduction

When purchasing Liquity, there are several factors to consider, including choosing an exchange to purchase it from and transaction method. Fortunately, we've compiled a bunch of reputable exchanges to help you with the process.

Step-by-Step Guide

1. Choose an Exchange
Research and select a cryptocurrency exchange that operates in the in your country and supports Liquity trading. Consider factors such as fees, security, and user reviews.
Platform Coin Price
Binance Liquity (LQTY) 0.4
Coinbase Liquity (LQTY) 0.4
Kraken Liquity (LQTY) 0.4
OKX Liquity (LQTY) 0.52
Uphold Liquity (LQTY) 1.01
BingX Liquity (LQTY) 0.4
See all 41 prices
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
Platform Coin Price
Binance Liquity (LQTY) 0.4
Coinbase Liquity (LQTY) 0.4
Kraken Liquity (LQTY) 0.4
OKX Liquity (LQTY) 0.52
Uphold Liquity (LQTY) 1.01
BingX Liquity (LQTY) 0.4
See all 41 prices
3. Fund Your Account
Transfer funds to your exchange account using supported payment methods like bank transfer, credit card, or debit card.
4. Navigate to the Liquity Market
Once your account is funded, search for "Liquity" (LQTY) in the exchange's marketplace.
5. Choose a Transaction Amount
Enter the desired amount of Liquity you wish to purchase.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy LQTY" or equivalent button.
7. Complete Transaction
Your Liquity purchase will be processed and deposited into your exchange wallet within minutes.
8. Transfer to a Hardware Wallet
It's always best to keep your crypto in a hardware wallet for security reasons. We always recommend Wirex or Trezor.

Platform	Coin	Price
Binance	Liquity (LQTY)	0.4
Coinbase	Liquity (LQTY)	0.4
Kraken	Liquity (LQTY)	0.4
OKX	Liquity (LQTY)	0.52
Uphold	Liquity (LQTY)	1.01
BingX	Liquity (LQTY)	0.4

Platform	Coin	Price
Binance	Liquity (LQTY)	0.4
Coinbase	Liquity (LQTY)	0.4
Kraken	Liquity (LQTY)	0.4
OKX	Liquity (LQTY)	0.52
Uphold	Liquity (LQTY)	1.01
BingX	Liquity (LQTY)	0.4

What to be Aware of

When purchasing Liquity, it's important to choose a reputable exchange that is easy to use, and has reasonable fees. Once you've done this, always transfer your crypto a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.

Latest Movements

Liquity (LQTY) is currently priced at $1.01 with a 24-hour trading volume of $25.26M. In the last 24 hours, Liquity has experienced a decrease of -2.14%. The market cap of Liquity stands at $148.11M, with 96.94M LQTY in circulation. For those looking to buy or trade Liquity, Binance offers avenues to do so securely and efficiently

Market cap: $148.11M
24h volume: $25.26M
Circulating supply: 96.94M LQTY

See latest information

Frequently Asked Questions About Buying Liquity (LQTY)

What is Liquity (LQTY) and what is it used for?: Liquity is a decentralized stablecoin borrowing protocol built on Ethereum. Its native token, LQTY, serves governance and protocol utility purposes. Liquity enables users to borrow a USD-pegged stablecoin (TEXT) against supported collateral, with 0% interest rates and fixed borrowing terms. LQTY holders can participate in governance decisions, such as parameter changes and protocol upgrades. If you’re new to Liquity, understand that the system relies on over-collateralization and automated stability mechanisms to keep the stablecoin near $1.
How does Liquity work, and what role does LQTY play in the system?: Liquity operates as a non-custodial borrowing protocol where users lock ETH as collateral to mint a stablecoin called LUSD (the Liquity stablecoin). The protocol uses a sweeping liquidation mechanism, where if collateral value falls below a required ratio, positions may be liquidated to protect stability. LQTY acts as the governance and fee-rebate token within the system. LQTY holders can vote on parameters like stability pool fees, borrowing rate mechanics, and collateral requirements. Additionally, Liquity distributes a portion of protocol revenue to LQTY stakers through a zero-fee system that preserves long-term incentives for liquidity providers and borrowers alike.
What is the current price and market status of Liquity (LQTY)?: As of the latest data, LQTY trades around $0.356 per token, with recent price movement showing a slight decline of about 2.5% in the last 24 hours. Liquity has a maximum supply of 100 million LQTY tokens, with a circulating supply close to 98 million. Market cap sits in the mid tens of millions range, reflecting relatively modest liquidity compared to larger DeFi projects. For traders, consider monitoring daily price changes, total supply dynamics, and liquidity on major decentralized exchanges to gauge potential entry or exit points.
Is Liquity a good investment, and what are the risks to watch for?: Investing in Liquity involves both opportunities and risks. Potential upside includes participation in decentralized governance and exposure to a stable, growing DeFi protocol with a unique zero-interest borrowing model. However, risks include collateral volatility (ETH price swings can trigger liquidations), smart contract risk (audits, upgrades, and bugs), liquidity risk on LQTY markets, and macro conditions affecting ETH and DeFi usage. Diversifying exposure, using proper risk management (e.g., limit orders, stop-loss strategies on derivatives, or staking across different protocols), and staying updated with protocol audits and governance proposals can help mitigate some risks.
How can I use Liquity and participate in governance with LQTY?: To participate, you’ll typically acquire LQTY on supported platforms and connect a wallet that supports ERC-20 tokens. Liquity governance allows LQTY holders to vote on protocol parameters such as stability pool incentives, borrowing dynamics, and liquidation thresholds. Some platforms may also offer staking-like participation through reward mechanisms funded by protocol revenue. Before voting, review the latest Liquity governance proposals, ensure you understand the impact of each change, and consider engaging with community channels (official forum, Discord, or social media) to gauge sentiment and timing. Always use reputable wallets and double-check contract addresses when transferring or voting.