Steem Reaches Market Cap of $43.50 Million (STEEM)

Steem (CURRENCY:STEEM) traded 2.3% higher against the U.S. dollar during the 1 day period ending at 19:00 PM Eastern on December 8th. Steem has a market capitalization of $43.50 million and approximately $460,027.00 worth of Steem was traded on exchanges in the last 24 hours. In the last week, Steem has traded down 6.8% against the U.S. dollar. One Steem coin can now be bought for about $0.12 or 0.00001628 BTC on popular exchanges including GOPAX, Binance, OpenLedger DEX and HitBTC.

Here’s how other cryptocurrencies have performed in the last 24 hours:

  • Bitcoin (BTC) traded 0.2% higher against the dollar and now trades at $7,569.89 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded up 0.9% against the dollar and now trades at $214.58 or 0.02831273 BTC.
  • Unobtanium (UNO) traded 10.9% lower against the dollar and now trades at $39.76 or 0.00524652 BTC.
  • Namecoin (NMC) traded up 0.3% against the dollar and now trades at $0.42 or 0.00005533 BTC.
  • Counterparty (XCP) traded 0.1% lower against the dollar and now trades at $1.47 or 0.00019432 BTC.
  • Terracoin (TRC) traded 1.8% higher against the dollar and now trades at $0.0774 or 0.00001023 BTC.
  • Color Platform (CLR) traded down 0.4% against the dollar and now trades at $0.0092 or 0.00000122 BTC.
  • Crown (CRW) traded 3.3% lower against the dollar and now trades at $0.0415 or 0.00000547 BTC.
  • PIXEL (PXL) traded 0.4% lower against the dollar and now trades at $0.0176 or 0.00000233 BTC.
  • CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0205 or 0.00000392 BTC.

Steem Coin Profile

Steem (STEEM) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on July 4th, 2015. Steem’s total supply is 370,396,762 coins and its circulating supply is 353,422,668 coins. The Reddit community for Steem is /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. Steem’s official message board is steemit.com/@steemitblog.

Buying and Selling Steem

Steem can be traded on these cryptocurrency exchanges: GOPAX, Poloniex, Binance, Bithumb, OpenLedger DEX, Bittrex, RuDEX, Upbit, HitBTC and Huobi. It is usually not possible to purchase alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to trade Steem should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Steem using one of the exchanges listed above.

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