Chia (XCH) Price Tops $33.23 on Exchanges

Chia (XCH) traded 7.8% higher against the dollar during the 1-day period ending at 9:00 AM E.T. on December 4th. In the last seven days, Chia has traded up 41.3% against the dollar. One Chia coin can now be bought for about $33.23 or 0.00034721 BTC on cryptocurrency exchanges. Chia has a total market cap of $463.75 million and $30.00 million worth of Chia was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1.7% higher against the dollar and now trades at $95,397.23 or 0.99688729 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.3% against the dollar and now trades at $95,346.01 or 0.99635206 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Chia Profile

Chia was first traded on March 10th, 2021. Chia’s total supply is 32,332,509 coins and its circulating supply is 13,957,509 coins. The Reddit community for Chia is https://reddit.com/r/chia and the currency’s Github account can be viewed here. Chia’s official Twitter account is @chia_project and its Facebook page is accessible here. Chia’s official message board is www.chia.net/blog. The official website for Chia is www.chia.net.

According to CryptoCompare, “Chia (XCH) is a cryptocurrency developed by Chia Network Inc. that uses a “proof of space and time” (PoST) consensus mechanism. The native token, XCH, is used to reward “farmers” who allocate unused disk space to secure the network. Chia aims to reduce the environmental impact of crypto farming and mining. XCH is used as a reward mechanism, for transaction fees, and as a digital medium of exchange. Chia was created by Chia Network Inc., co-founded in 2017 by Bram Cohen, the inventor of BitTorrent.”

Buying and Selling Chia

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

XCH/USD price chart by TradingView