Steem (STEEM) Price Tops $0.19 on Exchanges

Steem (STEEM) traded up 5.7% against the U.S. dollar during the one day period ending at 12:00 PM ET on June 19th. Steem has a total market capitalization of $89.56 million and $2.17 million worth of Steem was traded on exchanges in the last day. During the last seven days, Steem has traded 20.4% lower against the U.S. dollar. One Steem coin can now be purchased for approximately $0.19 or 0.00000297 BTC on exchanges.

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

  • Bitcoin (BTC) traded up 0.9% against the dollar and now trades at $64,955.96 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 3.6% higher against the dollar and now trades at $0.12 or 0.00000189 BTC.
  • Bitcoin Cash (BCH) traded up 3.2% against the dollar and now trades at $389.67 or 0.00599902 BTC.
  • Litecoin (LTC) traded up 3.7% against the dollar and now trades at $73.99 or 0.00113905 BTC.
  • UNUS SED LEO (LEO) traded 0.8% higher against the dollar and now trades at $5.72 or 0.00008798 BTC.
  • Ethereum Classic (ETC) traded 4.5% higher against the dollar and now trades at $23.86 or 0.00036732 BTC.
  • Monero (XMR) traded up 0.6% against the dollar and now trades at $169.23 or 0.00260532 BTC.
  • Arweave (AR) traded 12.8% higher against the dollar and now trades at $28.04 or 0.00043169 BTC.
  • Bitcoin SV (BSV) traded up 6.2% against the dollar and now trades at $44.32 or 0.00068234 BTC.
  • NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Steem Profile

Steem is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It launched on March 24th, 2016. Steem’s total supply is 464,509,403 coins. Steem’s official website is steem.com. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. 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.

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 possible to purchase alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to trade Steem should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem using one of the exchanges listed above.

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