Lisk (LSK) Trading 1% Higher This Week

Lisk (LSK) traded 3.1% lower against the U.S. dollar during the 24-hour period ending at 14:00 PM ET on October 16th. In the last seven days, Lisk has traded up 1% against the U.S. dollar. One Lisk coin can now be bought for approximately $0.83 or 0.00001215 BTC on major cryptocurrency exchanges. Lisk has a market cap of $133.62 million and approximately $3.80 million worth of Lisk was traded on exchanges in the last day.

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

• TRON (TRX) traded 0.9% higher against the dollar and now trades at $0.16 or 0.00000235 BTC.
• EOS (EOS) traded down 0.8% against the dollar and now trades at $0.49 or 0.00000717 BTC.
• BitTorrent-New (BTT) traded 0% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 1.5% against the dollar and now trades at $0.69 or 0.00001016 BTC.
• Terra Classic (LUNC) traded up 0% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.9% higher against the dollar and now trades at $0.38 or 0.00000565 BTC.
• Terra (LUNA) traded 1.5% lower against the dollar and now trades at $0.37 or 0.00000539 BTC.
• Ark (ARK) traded 10.7% higher against the dollar and now trades at $0.61 or 0.00000902 BTC.
• USDX [Kava] (USDX) traded 3.1% lower against the dollar and now trades at $0.65 or 0.00000950 BTC.

Lisk Coin Profile

Lisk (LSK) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It launched on May 24th, 2016. Lisk’s total supply is 400,000,000 coins and its circulating supply is 161,735,722 coins. The Reddit community for Lisk is https://reddit.com/r/lisk and the currency’s Github account can be viewed here. Lisk’s official Twitter account is @liskhq and its Facebook page is accessible here. Lisk’s official website is lisk.com. Lisk’s official message board is lisk.com/blog.

According to CryptoCompare, “Lisk is a cryptocurrency and decentralized application platform that operates on a highly efficient Delegated-Proof-of-Stake consensus model secured by 101 elected delegates. The platform allows for the deployment, distribution, and monetization of decentralized apps and custom blockchains. The inflation rate is 5 LISK per block and will decrease by 1 every year until it reaches 1 LISK per block. Lisk has partnered with Microsoft to integrate into its Azure Blockchain as a Service, allowing developers to develop and deploy Lisk blockchain applications using Microsoft’s cloud computing platform.”

Buying and Selling Lisk

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

LSK/USD price chart by TradingView