DubaiCoin (CURRENCY:DBIX) traded 4.5% higher against the U.S. dollar during the one day period ending at 3:00 AM E.T. on March 15th. One DubaiCoin coin can currently be purchased for about $3.26 or 0.00047474 BTC on major cryptocurrency exchanges including HitBTC, Livecoin and Cryptopia. DubaiCoin has a market capitalization of $7.27 million and $32,019.00 worth of DubaiCoin was traded on exchanges in the last 24 hours. Over the last seven days, DubaiCoin has traded 7.4% lower against the U.S. dollar.
Here is how other cryptocurrencies have performed over the last 24 hours:
- Qtum (QTUM) traded up 2.5% against the dollar and now trades at $13.21 or 0.00192545 BTC.
- Lisk (LSK) traded 12.4% higher against the dollar and now trades at $8.73 or 0.00127249 BTC.
- Waves (WAVES) traded 4.2% higher against the dollar and now trades at $3.54 or 0.00051665 BTC.
- NAV Coin (NAV) traded 0.3% lower against the dollar and now trades at $1.90 or 0.00016391 BTC.
- Nxt (NXT) traded 3.7% higher against the dollar and now trades at $0.11 or 0.00001667 BTC.
- Neblio (NEBL) traded up 7.6% against the dollar and now trades at $7.48 or 0.00108971 BTC.
- Blocknet (BLOCK) traded 2.4% higher against the dollar and now trades at $13.12 or 0.00191184 BTC.
- BitBay (BAY) traded up 10.2% against the dollar and now trades at $0.0368 or 0.00000537 BTC.
- WhiteCoin (XWC) traded 2.9% higher against the dollar and now trades at $0.0652 or 0.00000950 BTC.
- BlackCoin (BLK) traded 1.3% lower against the dollar and now trades at $0.20 or 0.00002932 BTC.
DubaiCoin (DBIX) is a proof-of-work (PoW) coin that uses the Proof of Stake hashing algorithm. It launched on February 20th, 2016. DubaiCoin’s total supply is 2,232,901 coins. DubaiCoin’s official Twitter account is @DubaiCoin_org and its Facebook page is accessible here. The Reddit community for DubaiCoin is /r/ArabianChain and the currency’s Github account can be viewed here. The official website for DubaiCoin is www.arabianchain.org.
According to CryptoCompare, “BIX is an advanced version of DubaiCoin with improved security and greater efficiency to support money transfers and global payments, along with fueling the Arabian Chain platform. It's a Proof of Work cryptocurrency based on the Dagger-Hashimoto algorithm. “
Buying and Selling DubaiCoin
DubaiCoin can be purchased on the following cryptocurrency exchanges: Livecoin, HitBTC and Cryptopia. It is not currently possible to buy DubaiCoin directly using US dollars. Investors seeking to acquire DubaiCoin must first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DubaiCoin using one of the exchanges listed above.
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