Steem (STEEM) One Day Trading Volume Tops $1.08 Million

Steem (STEEM) traded 5.1% lower against the dollar during the one day period ending at 23:00 PM Eastern on June 29th. One Steem coin can currently be bought for about $0.19 or 0.00000312 BTC on popular exchanges. In the last seven days, Steem has traded down 5.4% against the dollar. Steem has a total market capitalization of $88.08 million and approximately $1.08 million worth of Steem was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded up 0.1% against the dollar and now trades at $60,760.76 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.5% against the dollar and now trades at $0.12 or 0.00000199 BTC.
• Bitcoin Cash (BCH) traded 1.9% lower against the dollar and now trades at $379.66 or 0.00624847 BTC.
• Litecoin (LTC) traded 1.8% higher against the dollar and now trades at $75.04 or 0.00123500 BTC.
• UNUS SED LEO (LEO) traded 1.8% lower against the dollar and now trades at $5.83 or 0.00009600 BTC.
• Ethereum Classic (ETC) traded 3.9% lower against the dollar and now trades at $22.74 or 0.00037426 BTC.
• Monero (XMR) traded down 0.5% against the dollar and now trades at $165.78 or 0.00272841 BTC.
• Arweave (AR) traded 1.9% higher against the dollar and now trades at $27.55 or 0.00045340 BTC.
• Bitcoin SV (BSV) traded down 3% against the dollar and now trades at $43.33 or 0.00071315 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Steem

STEEM is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It launched on March 24th, 2016. Steem’s total supply is 465,334,156 coins. Steem’s official website is steem.com. Steem’s official message board is steemit.com/@steemitblog. 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.

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 possible to purchase alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to trade Steem should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView