Steem 24 Hour Trading Volume Hits $2.31 Million (STEEM)

Steem (STEEM) traded up 1.3% against the dollar during the twenty-four hour period ending at 23:00 PM Eastern on February 12th. Steem has a market capitalization of $103.84 million and approximately $2.31 million worth of Steem was traded on exchanges in the last day. One Steem coin can currently be bought for about $0.23 or 0.00000457 BTC on major exchanges. Over the last seven days, Steem has traded 7.6% higher against the dollar.

Here is how other cryptocurrencies have performed over the last day:

  • Bitcoin (BTC) traded up 3.7% against the dollar and now trades at $49,924.22 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 2.1% higher against the dollar and now trades at $0.0821 or 0.00000164 BTC.
  • Bitcoin Cash (BCH) traded 1.9% higher against the dollar and now trades at $277.46 or 0.00555753 BTC.
  • Litecoin (LTC) traded 1.3% higher against the dollar and now trades at $72.07 or 0.00144361 BTC.
  • Ethereum Classic (ETC) traded up 4% against the dollar and now trades at $26.77 or 0.00053629 BTC.
  • UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $4.09 or 0.00008190 BTC.
  • Monero (XMR) traded 3.4% higher against the dollar and now trades at $126.11 or 0.00252597 BTC.
  • Bitcoin SV (BSV) traded 3.3% higher against the dollar and now trades at $81.37 or 0.00162985 BTC.
  • Conflux (CFX) traded 3.6% higher against the dollar and now trades at $0.23 or 0.00000454 BTC.
  • NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Steem Profile

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It was first traded on March 24th, 2016. Steem’s total supply is 455,537,374 coins. The official message board for Steem is steemit.com/@steemitblog. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The official website for Steem is steem.com.

According to CryptoCompare, “Steem (STEEM) is a blockchain-based social media platform that rewards content creators with STEEM tokens. Created by Ned Scott and Dan Larimer, it promotes decentralized content creation and curation, providing an alternative to traditional social media.”

Buying and Selling Steem

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

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