Steem (STEEM) Hits 24 Hour Volume of $336.09 Million

Steem (STEEM) traded 3.4% lower against the dollar during the one day period ending at 10:00 AM ET on January 9th. Steem has a total market capitalization of $142.57 million and approximately $336.09 million worth of Steem was traded on exchanges in the last day. One Steem coin can currently be purchased for $0.30 or 0.00000322 BTC on popular exchanges. During the last seven days, Steem has traded 18.4% higher against the dollar.

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

• Bitcoin (BTC) traded down 2.5% against the dollar and now trades at $92,190.14 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 8.4% against the dollar and now trades at $0.32 or 0.00000347 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $9.03 or 0.00009800 BTC.
• Bitcoin Cash (BCH) traded down 4% against the dollar and now trades at $418.68 or 0.00454147 BTC.
• Litecoin (LTC) traded 0.6% lower against the dollar and now trades at $101.88 or 0.00110510 BTC.
• Ethereum Classic (ETC) traded down 3.4% against the dollar and now trades at $24.64 or 0.00026733 BTC.
• Monero (XMR) traded down 2.5% against the dollar and now trades at $193.79 or 0.00210205 BTC.
• IOTA (MIOTA) traded down 6.9% against the dollar and now trades at $0.30 or 0.00000324 BTC.
• Bitcoin SV (BSV) traded down 2.3% against the dollar and now trades at $51.20 or 0.00055538 BTC.
• Arweave (AR) traded 5.7% lower against the dollar and now trades at $15.07 or 0.00016348 BTC.

Steem Profile

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its launch date was March 24th, 2016. Steem’s total supply is 480,495,752 coins. 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. Steem’s official message board is steemit.com/@steemitblog. Steem’s official website is steem.com.

According to CryptoCompare, “Steem (STEEM) is a blockchain-based platform that rewards users for content creation and curation. Developed by Ned Scott and Dan Larimer in 2016, it utilises Delegated Proof of Stake (DPoS) to facilitate fast transactions and supports decentralised content platforms like Steemit.”

Steem Coin Trading

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

STEEM/USD price chart by TradingView