Steem (STEEM) Price Hits $0.21 on Major Exchanges

Steem (STEEM) traded down 0.4% against the US dollar during the twenty-four hour period ending at 10:00 AM Eastern on November 18th. Over the last seven days, Steem has traded 9.3% higher against the US dollar. Steem has a market capitalization of $98.17 million and $27.59 million worth of Steem was traded on exchanges in the last day. One Steem coin can currently be bought for $0.21 or 0.00000228 BTC on popular exchanges.

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

• Bitcoin (BTC) traded up 0.1% against the dollar and now trades at $90,381.69 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.9% against the dollar and now trades at $0.36 or 0.00000402 BTC.
• Bitcoin Cash (BCH) traded 0.2% higher against the dollar and now trades at $438.10 or 0.00484061 BTC.
• UNUS SED LEO (LEO) traded 0.5% lower against the dollar and now trades at $7.65 or 0.00008448 BTC.
• Litecoin (LTC) traded up 0% against the dollar and now trades at $88.98 or 0.00098320 BTC.
• Ethereum Classic (ETC) traded up 0.2% against the dollar and now trades at $26.20 or 0.00028952 BTC.
• Monero (XMR) traded 2.3% higher against the dollar and now trades at $154.00 or 0.00170153 BTC.
• Bitcoin SV (BSV) traded 2.1% higher against the dollar and now trades at $68.02 or 0.00075159 BTC.
• Arweave (AR) traded 3.9% higher against the dollar and now trades at $18.71 or 0.00020673 BTC.
• eCash (XEC) traded 1.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Steem Profile

STEEM is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It was first traded on March 24th, 2016. Steem’s total supply is 476,552,972 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. The official website for Steem is steem.com. Steem’s official message board is steemit.com/@steemitblog.

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 purchase alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to acquire Steem should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. 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