Digital asset exchange giant Crypto.com is rolling out support for two under-the-radar altcoins as the crypto markets continue to crater in the wake of crypto-friendly bank Silvergate’s announced shutdown.
Customers of the Singapore-based exchange can now trade Liquity (LQTY) and Gelato (GEL), according to an announcement from the firm.
Liquity is a decentralized Ethereum (ETH)-based lending protocol powered by its stablecoin LUSD. The protocol uses ETH as collateral, and LQTY, its native token, can be used for liquidity mining and staking. LQTY stakers can earn LUSD from fees on loan issuance, and ETH on redemptions.
Trending: SHE WILL LEAVE YOU SPEECHLESS! Michigan’s New GOP Chair Kristina Karamo Gives Brilliant History Lesson to Leftist Media Activists on Gun Control in EPIC Press Conference [VIDEO]
LQTY is trading at $1.77 at time of writing. The 203rd-ranked crypto asset by market cap is up 1.73% in the past day and more than 7.27% in the past week. Binance,
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!