Decred 24-Hour Trading Volume Tops $936,360.98 (DCR)

Decred (DCR) traded down 0.9% against the US dollar during the twenty-four hour period ending at 0:00 AM ET on October 27th. Over the last seven days, Decred has traded 9.5% lower against the US dollar. Decred has a total market cap of $195.71 million and $936,360.98 worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can now be purchased for approximately $11.93 or 0.00017624 BTC on popular cryptocurrency exchanges.

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

• Compound (COMP) traded 0.5% higher against the dollar and now trades at $42.13 or 0.00062246 BTC.
• Bitcoiva (BCA) traded 2% higher against the dollar and now trades at $4.44 or 0.00006564 BTC.
• dForce USD (USX) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001471 BTC.
• Bitcoin Diamond (BCD) traded 3.1% higher against the dollar and now trades at $0.0596 or 0.00000088 BTC.
• WhiteCoin (XWC) traded down 4.8% against the dollar and now trades at $0.0126 or 0.00000019 BTC.
• Navcoin (NAV) traded up 4.2% against the dollar and now trades at $0.0318 or 0.00000047 BTC.
• ReddCoin (RDD) traded 3.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded up 0.7% against the dollar and now trades at $0.0135 or 0.00000020 BTC.
• 42-coin (42) traded 0.8% higher against the dollar and now trades at $25,720.38 or 0.38004349 BTC.
• Aion (AION) traded up 5.8% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

About Decred

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 16,408,137 coins. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. The official website for Decred is decred.org. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. The official message board for Decred is medium.com/decred.

According to CryptoCompare, “Decred (DCR) is a hybrid PoW/PoS blockchain-based cryptocurrency, designed to ensure community involvement, open governance, and sustainable development funding. Stakeholders, or DCR holders, play a pivotal role in determining consensus rules, the blockchain’s evolution, and treasury funds allocation. Block rewards in Decred are split between PoW miners (10%), stakeholders (80%), and the Decred Treasury (10%). Stakeholders can stake their DCR for voting tickets, which grants them the power to vote on rule change proposals and approve PoW miners’ work. The Decred Treasury’s usage is decided via Politeia proposals and voting by live ticket holders. Launched in 2016 by co-founders including Alex and Jake Yocom-Piatt, Decred aims to create a truly decentralized cryptocurrency governed actively by its community.”

Decred Coin Trading

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

DCR/USD price chart by TradingView