Steem Price Tops $0.18 on Top Exchanges (STEEM)

Steem (STEEM) traded up 2.9% against the dollar during the 1 day period ending at 21:00 PM Eastern on July 12th. Over the last week, Steem has traded up 5.5% against the dollar. Steem has a total market capitalization of $84.76 million and $3.62 million worth of Steem was traded on exchanges in the last 24 hours. One Steem coin can currently be bought for about $0.18 or 0.00000314 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 1.9% against the dollar and now trades at $57,874.03 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.8% against the dollar and now trades at $0.11 or 0.00000186 BTC.
• Bitcoin Cash (BCH) traded up 7.9% against the dollar and now trades at $372.58 or 0.00643805 BTC.
• UNUS SED LEO (LEO) traded 2.1% lower against the dollar and now trades at $5.71 or 0.00009859 BTC.
• Litecoin (LTC) traded 3.1% higher against the dollar and now trades at $69.66 or 0.00120378 BTC.
• Ethereum Classic (ETC) traded up 4% against the dollar and now trades at $21.54 or 0.00037226 BTC.
• Monero (XMR) traded 1.5% higher against the dollar and now trades at $160.32 or 0.00277034 BTC.
• Arweave (AR) traded 0.4% lower against the dollar and now trades at $23.95 or 0.00041378 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 5.1% higher against the dollar and now trades at $39.57 or 0.00068383 BTC.

Steem Profile

Steem (CRYPTO:STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its genesis date was March 24th, 2016. Steem’s total supply is 466,360,378 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.”

Buying and Selling Steem

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

STEEM/USD price chart by TradingView