Steem Price Hits $0.22 on Top Exchanges (STEEM)

Steem (STEEM) traded 0.5% lower against the US dollar during the one day period ending at 23:00 PM E.T. on June 15th. Steem has a market cap of $104.32 million and approximately $887,119.29 worth of Steem was traded on exchanges in the last 24 hours. During the last week, Steem has traded down 5.9% against the US dollar. One Steem coin can currently be purchased for about $0.22 or 0.00000340 BTC on popular exchanges.

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

• Bitcoin (BTC) traded down 0.2% against the dollar and now trades at $66,091.74 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.2% lower against the dollar and now trades at $0.14 or 0.00000205 BTC.
• Bitcoin Cash (BCH) traded up 0.9% against the dollar and now trades at $429.68 or 0.00649971 BTC.
• Litecoin (LTC) traded up 2.2% against the dollar and now trades at $79.65 or 0.00120487 BTC.
• UNUS SED LEO (LEO) traded 2.8% higher against the dollar and now trades at $5.91 or 0.00008934 BTC.
• Ethereum Classic (ETC) traded 1.3% higher against the dollar and now trades at $25.40 or 0.00038423 BTC.
• Monero (XMR) traded up 2.2% against the dollar and now trades at $173.71 or 0.00262769 BTC.
• Arweave (AR) traded down 1.8% against the dollar and now trades at $28.06 or 0.00042448 BTC.
• Bitcoin SV (BSV) traded down 0.3% against the dollar and now trades at $49.34 or 0.00074637 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 was first traded on March 24th, 2016. Steem’s total supply is 464,227,871 coins. 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. Steem’s official message board is steemit.com/@steemitblog. Steem’s official website is steem.com.

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 US dollars. Investors seeking to acquire Steem should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView