Dero Hits 24-Hour Trading Volume of $108,666.09 (DERO)

Dero (DERO) traded down 1.7% against the dollar during the twenty-four hour period ending at 16:00 PM E.T. on January 25th. Dero has a market capitalization of $65.26 million and $108,666.09 worth of Dero was traded on exchanges in the last 24 hours. One Dero coin can now be bought for about $4.93 or 0.00021516 BTC on major cryptocurrency exchanges. Over the last seven days, Dero has traded up 8.5% against the dollar.

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

  • Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $22,922.24 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded down 2.5% against the dollar and now trades at $0.0860 or 0.00000375 BTC.
  • Litecoin (LTC) traded down 0% against the dollar and now trades at $89.08 or 0.00388600 BTC.
  • UNUS SED LEO (LEO) traded 1.8% higher against the dollar and now trades at $3.53 or 0.00015415 BTC.
  • Monero (XMR) traded 0.9% lower against the dollar and now trades at $172.96 or 0.00754548 BTC.
  • Ethereum Classic (ETC) traded 3.4% lower against the dollar and now trades at $21.57 or 0.00094082 BTC.
  • Bitcoin Cash (BCH) traded down 1.4% against the dollar and now trades at $130.64 or 0.00569936 BTC.
  • DEI (DEI) traded 0.5% higher against the dollar and now trades at $0.26 or 0.00001149 BTC.
  • Pax Dollar (USDP) traded down 0% against the dollar and now trades at $1.00 or 0.00004348 BTC.
  • Bitcoin SV (BSV) traded down 7.7% against the dollar and now trades at $40.30 or 0.00175830 BTC.

Dero Coin Profile

DERO is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. Its launch date was June 27th, 2018. Dero’s total supply is 18,400,000 coins and its circulating supply is 13,232,394 coins. The Reddit community for Dero is https://reddit.com/r/deroproject and the currency’s Github account can be viewed here. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here. The official website for Dero is dero.io. The official message board for Dero is forum.dero.io.

According to CryptoCompare, “Dero is the first crypto project to combine a Proof of Work blockchain with a DAG block structure and wholly anonymous transactions. The fully distributed ledger processes transactions with a twelve-second average block time and is secure against majority hashrate attacks. Dero will be the first CryptoNote blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains.”

Buying and Selling Dero

It is usually not currently possible to buy alternative cryptocurrencies such as Dero directly using U.S. dollars. Investors seeking to acquire Dero should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dero using one of the aforementioned exchanges.

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