Steem Tops 24 Hour Trading Volume of $20.69 Million (STEEM)

Steem (STEEM) traded up 0.8% against the U.S. dollar during the one day period ending at 14:00 PM ET on October 15th. During the last week, Steem has traded up 4.6% against the U.S. dollar. Steem has a total market cap of $88.11 million and $20.69 million worth of Steem was traded on exchanges in the last day. One Steem coin can now be purchased for approximately $0.19 or 0.00000278 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 2% against the dollar and now trades at $66,953.76 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.7% higher against the dollar and now trades at $0.12 or 0.00000173 BTC.
• Bitcoin Cash (BCH) traded 0% lower against the dollar and now trades at $356.32 or 0.00532183 BTC.
• UNUS SED LEO (LEO) traded 0% lower against the dollar and now trades at $6.14 or 0.00009174 BTC.
• Litecoin (LTC) traded up 3.4% against the dollar and now trades at $68.76 or 0.00102693 BTC.
• Ethereum Classic (ETC) traded down 0.5% against the dollar and now trades at $19.33 or 0.00028864 BTC.
• Monero (XMR) traded down 0.3% against the dollar and now trades at $154.56 or 0.00230846 BTC.
• Arweave (AR) traded down 2.4% against the dollar and now trades at $19.67 or 0.00029383 BTC.
• Bitcoin SV (BSV) traded up 1.4% against the dollar and now trades at $49.63 or 0.00074128 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Steem

Steem (CRYPTO: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 473,861,474 coins. The official website for Steem is steem.com. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. Steem’s official message board 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 presently possible to buy alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to acquire Steem should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem using one of the aforementioned exchanges.

STEEM/USD price chart by TradingView