Siacoin (CURRENCY:SC) traded up 4.4% against the US dollar during the 1 day period ending at 10:00 AM ET on March 16th. Siacoin has a market cap of $382.91 million and approximately $3.15 million worth of Siacoin was traded on exchanges in the last 24 hours. Over the last seven days, Siacoin has traded up 14.4% against the US dollar. One Siacoin coin can currently be bought for $0.0114 or 0.00000161 BTC on major cryptocurrency exchanges including Upbit, Bittrex, Abucoins and HitBTC.
Here is how related cryptocurrencies have performed over the last 24 hours:
- Bitcoin (BTC) traded up 2.9% against the dollar and now trades at $7,080.40 or 1.00000000 BTC.
- Ethereum (ETH) traded up 4.6% against the dollar and now trades at $399.85 or 0.05655490 BTC.
- Bitcoin Cash (BCH) traded 4.3% higher against the dollar and now trades at $658.80 or 0.09318110 BTC.
- Litecoin (LTC) traded 0.9% higher against the dollar and now trades at $118.01 or 0.01669110 BTC.
- Monero (XMR) traded 1.7% higher against the dollar and now trades at $171.83 or 0.02430320 BTC.
- RaiBlocks (XRB) traded 32.3% higher against the dollar and now trades at $18.58 or 0.00186028 BTC.
- Ethereum Classic (ETC) traded up 3.3% against the dollar and now trades at $13.99 or 0.00197858 BTC.
- Verge (XVG) traded up 3.8% against the dollar and now trades at $0.0658 or 0.00000931 BTC.
- Bitcoin Gold (BTG) traded 3.6% higher against the dollar and now trades at $42.32 or 0.00598516 BTC.
- Nano (NANO) traded 0.7% higher against the dollar and now trades at $5.27 or 0.00074488 BTC.
Siacoin (CRYPTO:SC) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its genesis date was June 6th, 2015. Siacoin’s total supply is 33,652,212,774 coins. Siacoin’s official Twitter account is @SiaTechHQ and its Facebook page is accessible here. The Reddit community for Siacoin is /r/Siacoin and the currency’s Github account can be viewed here. Siacoin’s official website is sia.tech.
According to CryptoCompare, “Sia is an actively developed decentralized storage platform. Users all over the world contribute disk storage from their computers to form a decentralized network. Anybody with siacoins can rent storage from hosts on Sia. This is accomplish via “smart” storage contracts stored on the Sia blockchain. The smart contract provides a payment to the host only after the host has kept the file for a given amount of time. If the host loses the file, the host does not get paid. The distrubuted nature of the Sia network enables many optimizations in latency, throughput, reliability, and security. The decentralized nature of the Sia network enables anyone with storage to get paid, lowering the barrier to entry and reducing the overall price of cloud storage. The Sia cryptocurrency is live! You can rent storage using siacoins and hosts providing storage to the network receive compensation in the form of siacoins. The storage platform itself is still in beta, and only uploads that are 500mb or less in size are supported by the wallet. “
Siacoin Coin Trading
Siacoin can be purchased on the following cryptocurrency exchanges: BITHOLIC, Poloniex, Upbit, Bisq, HitBTC, Bittrex and Abucoins. It is not currently possible to buy Siacoin directly using US dollars. Investors seeking to acquire Siacoin must first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Siacoin using one of the aforementioned exchanges.
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