DigiByte (DGB) traded down 3.2% against the US dollar during the twenty-four hour period ending at 18:00 PM ET on May 14th. In the last week, DigiByte has traded down 29.5% against the US dollar. One DigiByte coin can currently be purchased for approximately $0.0125 or 0.00000042 BTC on popular exchanges. DigiByte has a market capitalization of $192.24 million and approximately $19.00 million worth of DigiByte was traded on exchanges in the last day.
Here is how other cryptocurrencies have performed in the last day:
- Circuits of Value (COVAL) traded up 0.2% against the dollar and now trades at $0.0182 or 0.00000061 BTC.
- Primecoin (XPM) traded 1.3% lower against the dollar and now trades at $0.0317 or 0.00000107 BTC.
- Quark (QRK) traded up 2.4% against the dollar and now trades at $0.0041 or 0.00000014 BTC.
- Myriad (XMY) traded up 23.1% against the dollar and now trades at $0.0003 or 0.00000001 BTC.
- X-HASH (XSH) traded up 1.5% against the dollar and now trades at $2.58 or 0.00006107 BTC.
- TeeCoin (TEC) traded flat against the dollar and now trades at $0.0013 or 0.00000007 BTC.
- Safari (SFR) traded flat against the dollar and now trades at $1,359.05 or 0.00000000 BTC.
According to CryptoCompare, “Security: DigiByte uses five highly advanced cryptographic algorithms. Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster. Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine. Worldwide: DigiBytes are already stored, traded and transacted in over 89 countries. Decentralization: There is no need for a middleman or third party or central server. Re-Spend: Send DigiBytes you received to someone else in as little as three minutes. Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network. Scarcity: 21 Billion DigiBytes will be created in 21 years. 1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month. Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms. Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology. Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world. Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users. A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe. “
DigiByte Coin Trading
It is usually not possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DigiByte using one of the aforementioned exchanges.
Receive News & Updates for DigiByte Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for DigiByte and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.