Syscoin Trading 1.5% Higher This Week (SYS)

Syscoin (SYS) traded 5.3% higher against the U.S. dollar during the 1 day period ending at 0:00 AM ET on September 17th. Syscoin has a total market capitalization of $81.81 million and $4.78 million worth of Syscoin was traded on exchanges in the last 24 hours. During the last seven days, Syscoin has traded up 1.5% against the U.S. dollar. One Syscoin coin can currently be bought for $0.10 or 0.00000171 BTC on major exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 3.8% against the dollar and now trades at $60,469.18 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.6% higher against the dollar and now trades at $315.33 or 0.00521545 BTC.
• Arweave (AR) traded 1.8% lower against the dollar and now trades at $18.68 or 0.00030888 BTC.
• Bitcoin SV (BSV) traded 1.2% higher against the dollar and now trades at $46.88 or 0.00077534 BTC.
• eCash (XEC) traded 0.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

Syscoin (CRYPTO:SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 16th, 2014. Syscoin’s total supply is 792,569,633 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The official website for Syscoin is syscoin.org. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. Syscoin’s official message board is syscoin.org/news.

According to CryptoCompare, “Syscoin (SYS) is a blockchain protocol founded in 2014 by Sebastian Schepis, designed to merge the security of Bitcoin with the functionality of Ethereum into a single, scalable platform. It supports the creation of decentralized applications and custom tokens, leveraging a dual-chain architecture that includes the Ethereum-compatible NEVM and a Bitcoin-based Syscoin UTXO blockchain. Syscoin aims to offer fast, secure, and low-cost transactions, with features like optimistic and ZK rollups for enhanced scalability. Led by the non-profit Syscoin Foundation, with development spearheaded by SYS Labs, the ecosystem fosters innovation in decentralized finance (DeFi) and NFT marketplaces. Syscoin’s unique blend of Bitcoin’s and Ethereum’s strengths positions it as a versatile and efficient blockchain for a wide range of applications.”

Syscoin Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to trade Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView