Where and how to buy Liquity in Benin
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a Liquity order through any of the various payment options provided.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
Step 4:Monitor Liquity in your Bitget spot account
Alternative methods to obtain Liquity in Benin
Convert crypto to Liquity with Bitget Convert
Swap on-chain assets to Liquity with Bitget Swap
Methods to obtain Liquity for free
Buy other cryptos
Buy Liquity in a different country
How to buy Liquity in other countries?
What can you do with Liquity?
Store/Hold Liquity
Many users hold on to their Liquity with the expectation of it increasing in value. You can store your LQTY safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Liquity
You can trade Liquity for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Liquity trading to meet your needs.
Send Liquity
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Liquity online and send to anyone and anywhere with their Liquity address.
Spend Liquity
You can also buy goods and services with your Liquity. More and more vendors and retailers accept Liquity every day.
Donate Liquity
Bitget Charity accepts Liquity donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Liquity so no one misses out on the growth made possible by blockchain.
Learn More About Liquity
You can read more in-depth articles on Liquity from Bitget Research and study how cryptocurrencies like Liquity work on Bitget Academy
Market stats to assist in determining optimal times for purchasing Liquity
What is Liquity (LQTY)?
Liquidity is a decentralized borrowing protocol that allows users to use their ETH to take out an interest-free loan, while maintaining full exposure to ETH. Loans are paid out in LUSD, a stablecoin solely backed by ETH. With Liquidity, users can borrow up to 90% of their ETH value with no payback time attached and just a one-time fee as low as 0.5%. They can use the borrowed funds to buy real-world assets or pay for their daily expenses while keeping their ETH stack intact. The platform is fully decentralized and immutable, providing the highest safety ratings in the space.
The protocol was launched in 2021 by Michael Svoboda, Robert Lauko, and Rick Pardoe. It receives support from various big firms like Tomahawk VC, Pantera, Synthetic, Coinbase, Gemini, Huobi, etc. The platform currently enjoys more than $600 million in TVL.
How Liquity (LQTY) Works
Liquity has four main use cases: borrowing LUSD against ETH, providing LUSD to the Stability Pool in exchange for rewards, staking LQTY to earn a portion of fee from borrowing or redeeming LUSD, and redeeming 1 LUSD for 1 USD worth of ETH when the price of LUSD falls below $1.
The protocol has two tokens: LUSD, the USD-pegged stablecoin used to pay out loans, and LQTY, the token that captures the platform’s fees and gives them to early adopters and users.
Liquity charges a one-off fee whenever LUSD is borrowed and redeemed. This fee is adjusted dynamically based on the redemption volumes.
How Many Liquity (LQTY) Tokens Are in Circulation?
LQTY token has a total supply of 100,000,000, among which 90,938,871 tokens are being circulated.
How to Buy Liquity (LQTY)
Consider investing in Liquity (LQTY)? It only takes 2 minutes to create an account on Bitget and start trading LQTY.
Check out the available LQTY trading pairs on Bitget!
Spot market
Liquity (LQTY) Resources
Buy Liquity in Benin with Bitget
How to safely store your Liquity
- Sign up and transfer LQTY to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your LQTY.
How to withdraw Liquity with Bitget's hassle-free withdrawal process
Benin, officially the Republic of Benin (French: République du Bénin), and formerly Dahomey, is a country in West Africa. Benin has a population of 12,844,921, and its official currency is the West African Franc (CFA). It will only take you a few minutes to cryptocurrencies with CFA in Bitget using P2P trading and other deposit methods.
The weather in Benin is hot and muggy. The average annual rainfall in the coastal region is 1,360 mm, which is not a lot for coastal West Africa. The two seasons in Benin are wet and dry. The main rainy season lasts from April to late July. From late September to late November, there is a shorter, less intense rainy season. In the south, there are primarily two types of landscape. Mangroves, fallow lands, and the remains of huge holy forests can all be found in Benin. The savanna in the rest of the nation is peppered with enormous baobab trees and coated in prickly plants. Benin has some famous landmarks such as Fondation Zinsou, Marche Dantokpa, Artisanal Center, Fidjrosse beach, Saint Michel church, and Place des Martyrs.
Wherever you are in Djougou, Porto-Novo, Parakou, Ouidah, Cotonou, Natitingou, Bohicon, or any place in Benin, Bitget will be available to provide you with a seamless crypto trading experience. The official language of the Benin Republic is French, and the Bitget website and app are available in French.
LQTY to local currency
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