Blockstack Price Tops $0.48 on Top Exchanges (STX)

Blockstack (STX) traded flat against the US dollar during the one day period ending at 17:00 PM E.T. on May 14th. One Blockstack coin can currently be bought for approximately $0.48 or 0.00001398 BTC on major exchanges. Blockstack has a market cap of $358.50 million and approximately $2.36 million worth of Blockstack was traded on exchanges in the last day. During the last week, Blockstack has traded flat against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

  • BITCOIN ADDITIONAL (BTCA) traded 1.3% lower against the dollar and now trades at $29,542.76 or 0.99901632 BTC.
  • Binance USD (BUSD) traded down 0.1% against the dollar and now trades at $1.00 or 0.00003380 BTC.
  • Solana (SOL) traded down 0.9% against the dollar and now trades at $50.49 or 0.00170744 BTC.
  • Crypto.com Coin (CRO) traded 5% higher against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded up 0.1% against the dollar and now trades at $1.00 or 0.00003385 BTC.
  • Polygon (MATIC) traded down 4.1% against the dollar and now trades at $0.66 or 0.00002248 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.

Blockstack Coin Profile

STX is a PoX (Proof-of-Transfer) coin that uses the ETH Token hashing algorithm. Its launch date was August 2nd, 2017. Blockstack’s total supply is 973,705,260 coins and its circulating supply is 739,781,894 coins. Blockstack’s official Twitter account is @stx_coin. The official website for Blockstack is blockstack.org. Blockstack’s official message board is blog.blockstack.org.

According to CryptoCompare, “Stacks is an open-source network of decentralized apps and smart contracts built on Bitcoin.┬áThe Stacks blockchain is a flexible layer on top of Bitcoin that enables decentralized apps, smart contracts, and digital assets A layer-1 blockchain that connects to Bitcoin for security and enables decentralized apps and predictable smart contracts, Stacks implements Proof of Transfer (PoX) mining that anchors to Bitcoin security and┬áproduces blocks at the same rate as Bitcoin. Stacks Token (STX) is the native asset on the Stacks blockchain and used as fuel for transactions. All transactions, from executing Clarity contracts to creating digital assets, are paid for in STX. “

Buying and Selling Blockstack

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

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