Syscoin (SYS) One Day Trading Volume Tops $1.05 Million

Syscoin (SYS) traded 1.6% higher against the dollar during the 1-day period ending at 21:00 PM Eastern on July 27th. During the last week, Syscoin has traded 5.6% lower against the dollar. One Syscoin coin can now be bought for approximately $0.11 or 0.00000157 BTC on exchanges. Syscoin has a market cap of $84.85 million and $1.05 million worth of Syscoin was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 0.6% against the dollar and now trades at $68,146.24 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 4.5% higher against the dollar and now trades at $396.74 or 0.00582183 BTC.
• Arweave (AR) traded 2.4% higher against the dollar and now trades at $31.28 or 0.00045899 BTC.
• Bitcoin SV (BSV) traded up 0.5% against the dollar and now trades at $45.91 or 0.00067363 BTC.
• eCash (XEC) traded up 3.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Syscoin

Syscoin (SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 16th, 2014. Syscoin’s total supply is 791,612,393 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The official message board for Syscoin is syscoin.org/news. Syscoin’s official website is syscoin.org. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here.

According to CryptoCompare, “Syscoin (SYS) is a blockchain protocol founded in 2014 by Sebastian Schepis, designed to merge the security of Bitcoin with the functionality of Ethereum into a single, scalable platform. It supports the creation of decentralized applications and custom tokens, leveraging a dual-chain architecture that includes the Ethereum-compatible NEVM and a Bitcoin-based Syscoin UTXO blockchain. Syscoin aims to offer fast, secure, and low-cost transactions, with features like optimistic and ZK rollups for enhanced scalability. Led by the non-profit Syscoin Foundation, with development spearheaded by SYS Labs, the ecosystem fosters innovation in decentralized finance (DeFi) and NFT marketplaces. Syscoin’s unique blend of Bitcoin’s and Ethereum’s strengths positions it as a versatile and efficient blockchain for a wide range of applications.”

Buying and Selling Syscoin

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

SYS/USD price chart by TradingView