Cred Reaches Market Capitalization of $3.44 Million (LBA)

Cred (CURRENCY:LBA) traded 1.5% higher against the dollar during the 1 day period ending at 12:00 PM E.T. on November 25th. Cred has a total market cap of $3.44 million and approximately $815,100.00 worth of Cred was traded on exchanges in the last 24 hours. Over the last seven days, Cred has traded 10% higher against the dollar. One Cred coin can now be purchased for $0.0035 or 0.00000006 BTC on major exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

  • Crypto.com Coin (CRO) traded 18.2% lower against the dollar and now trades at $0.78 or 0.00001324 BTC.
  • Polygon (MATIC) traded up 0.1% against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Polygon (MATIC) traded up 10.5% against the dollar and now trades at $1.88 or 0.00003176 BTC.
  • Binance USD (BUSD) traded up 0% against the dollar and now trades at $1.00 or 0.00001689 BTC.
  • Chainlink (LINK) traded up 5.8% against the dollar and now trades at $27.26 or 0.00046036 BTC.
  • Decentraland (MANA) traded 11.8% lower against the dollar and now trades at $4.81 or 0.00008130 BTC.
  • Axie Infinity (AXS) traded down 0.1% against the dollar and now trades at $142.37 or 0.00240462 BTC.
  • Parkgene (GENE) traded up 2,618,096.3% against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • THETA (THETA) traded 11.4% higher against the dollar and now trades at $7.41 or 0.00012509 BTC.
  • FTX Token (FTT) traded 8% higher against the dollar and now trades at $52.77 or 0.00089130 BTC.

Cred Profile

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 official website for Cred is www.mycred.io. 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.

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 buy alternative cryptocurrencies such as Cred directly using US dollars. Investors seeking to trade Cred should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly 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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