Steem Price Reaches $0.18 on Major Exchanges (STEEM)

Steem (STEEM) traded 2.9% higher against the U.S. dollar during the 24-hour period ending at 23:00 PM ET on July 10th. One Steem coin can now be bought for about $0.18 or 0.00000320 BTC on popular cryptocurrency exchanges. Steem has a market capitalization of $85.62 million and approximately $7.58 million worth of Steem was traded on exchanges in the last day. Over the last week, Steem has traded up 0.2% against the U.S. dollar.

Here’s how related cryptocurrencies have performed over the last day:

  • Bitcoin (BTC) traded 1.2% lower against the dollar and now trades at $57,384.81 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded down 0.3% against the dollar and now trades at $0.11 or 0.00000187 BTC.
  • Bitcoin Cash (BCH) traded up 1.4% against the dollar and now trades at $337.68 or 0.00588441 BTC.
  • UNUS SED LEO (LEO) traded 2.5% lower against the dollar and now trades at $5.69 or 0.00009919 BTC.
  • Litecoin (LTC) traded 2.5% higher against the dollar and now trades at $66.82 or 0.00116433 BTC.
  • Ethereum Classic (ETC) traded 0.1% higher against the dollar and now trades at $20.82 or 0.00036274 BTC.
  • Monero (XMR) traded up 1.9% against the dollar and now trades at $158.06 or 0.00275435 BTC.
  • Arweave (AR) traded up 1.5% against the dollar and now trades at $22.48 or 0.00039169 BTC.
  • NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
  • Bitcoin SV (BSV) traded 0.9% higher against the dollar and now trades at $37.70 or 0.00065703 BTC.

Steem Coin Profile

STEEM is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its genesis date was March 24th, 2016. Steem’s total supply is 466,207,313 coins. Steem’s official message board is steemit.com/@steemitblog. The official website for Steem is steem.com. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. 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.”

Steem Coin Trading

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

Receive News & Updates for Steem Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Steem and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.