POA 24-Hour Volume Tops $188.00 (POA)

POA (POA) traded flat against the U.S. dollar during the twenty-four hour period ending at 12:00 PM Eastern on May 14th. Over the last seven days, POA has traded flat against the U.S. dollar. One POA coin can now be bought for approximately $0.17 or 0.00000259 BTC on cryptocurrency exchanges. POA has a market capitalization of $49.65 million and $188.00 worth of POA was traded on exchanges in the last day.

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

  • POA Network (POA) traded 38.5% higher against the dollar and now trades at $0.0153 or 0.00000053 BTC.
  • Ambrosus (AMB) traded 3.8% lower against the dollar and now trades at $0.0058 or 0.00000020 BTC.
  • Apple (AMB) traded 29.7% higher against the dollar and now trades at $0.18 or 0.00000587 BTC.
  • UMI (UMI) traded up 1% against the dollar and now trades at $0.0060 or 0.00000021 BTC.
  • Umi Digital (UMI) traded down 9.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

POA Profile

POA is a PoA coin that uses the Proof-of-Authority hashing algorithm. Its launch date was July 20th, 2017. POA’s total supply is 293,587,639 coins. The Reddit community for POA is /r/POA and the currency’s Github account can be viewed here. The official website for POA is poa.network. The official message board for POA is medium.com/poa-network. POA’s official Twitter account is @poanetwork.

According to CryptoCompare, “Poa Network is a public sidechain based on the Ethereum protocol. The blockchain will feature the Proof-of-Authority algorithm, which does not depend on the nodes solving mathematical problems, but instead uses a set of “authorities”, pre-selected validators that will be able to seal the blocks and secure the network. The validators identity will be public enabling any third party to check their identity. The Poa Network will allow organizations to build their own networks with their own validators and developers to deploy DApps. On April 28, 2018, the POA Team announced the launch of a cross-chain bridge that gives users the ability to send POA tokens back and forth between the POA Network and the Ethereum network. POA Bridge went live on May 10. The POA to Ethereum transfer will result in the creation of a newly minted token on the Ethereum blockchain known as POA20. The user will also have the ability to transfer POA20 tokens from the Ethereum network back to the POA Network, which would result in the burning of the POA20 token and subsequent unlocking of the original POA native token on the POA Network.     “

POA Coin Trading

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

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