Steem 24 Hour Trading Volume Reaches $47.08 Million (STEEM)

Steem (STEEM) traded down 1.4% against the US dollar during the 1 day period ending at 8:00 AM Eastern on April 30th. Steem has a total market cap of $129.29 million and $47.08 million worth of Steem was traded on exchanges in the last 24 hours. During the last seven days, Steem has traded 2% lower against the US dollar. One Steem coin can currently be purchased for approximately $0.28 or 0.00000458 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 2.3% lower against the dollar and now trades at $61,295.88 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4.2% against the dollar and now trades at $0.14 or 0.00000220 BTC.
• Bitcoin Cash (BCH) traded 2.8% lower against the dollar and now trades at $437.75 or 0.00714165 BTC.
• Litecoin (LTC) traded 4.9% lower against the dollar and now trades at $79.15 or 0.00129126 BTC.
• UNUS SED LEO (LEO) traded up 0.9% against the dollar and now trades at $5.81 or 0.00009486 BTC.
• Ethereum Classic (ETC) traded 5.9% lower against the dollar and now trades at $25.53 or 0.00041655 BTC.
• Monero (XMR) traded down 3.5% against the dollar and now trades at $121.28 or 0.00197866 BTC.
• Arweave (AR) traded down 6.4% against the dollar and now trades at $33.54 or 0.00054713 BTC.
• Bitcoin SV (BSV) traded 5.1% lower against the dollar and now trades at $61.21 or 0.00099856 BTC.
• eCash (XEC) traded 4.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Steem Profile

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It was first traded on March 24th, 2016. Steem’s total supply is 460,876,008 coins. The official website for Steem is steem.com. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The official message board for Steem is steemit.com/@steemitblog.

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 presently possible to buy alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to acquire Steem should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem using one of the aforementioned exchanges.

STEEM/USD price chart by TradingView