Siacoin (SC) Price Tops $0.0043

Siacoin (SC) traded down 0.7% against the US dollar during the 1 day period ending at 17:00 PM Eastern on September 11th. Siacoin has a total market cap of $247.67 million and $2.46 million worth of Siacoin was traded on exchanges in the last 24 hours. During the last seven days, Siacoin has traded 4.7% higher against the US dollar. One Siacoin coin can currently be purchased for approximately $0.0043 or 0.00000007 BTC on popular exchanges.

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

• Bitcoin (BTC) traded 0.3% lower against the dollar and now trades at $57,401.51 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.2% against the dollar and now trades at $0.10 or 0.00000177 BTC.
• Bitcoin Cash (BCH) traded 2.2% higher against the dollar and now trades at $337.72 or 0.00588345 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $5.56 or 0.00009679 BTC.
• Litecoin (LTC) traded up 0.6% against the dollar and now trades at $61.88 or 0.00107797 BTC.
• Monero (XMR) traded 3.4% higher against the dollar and now trades at $173.37 or 0.00302033 BTC.
• Ethereum Classic (ETC) traded down 0.5% against the dollar and now trades at $18.49 or 0.00032203 BTC.
• Arweave (AR) traded up 0.6% against the dollar and now trades at $20.00 or 0.00034837 BTC.
• Bitcoin SV (BSV) traded 2.5% lower against the dollar and now trades at $49.17 or 0.00085652 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Siacoin Profile

Siacoin (SC) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It was first traded on June 1st, 2015. Siacoin’s total supply is 57,769,785,000 coins and its circulating supply is 57,740,391,700 coins. The Reddit community for Siacoin is https://reddit.com/r/siacoin and the currency’s Github account can be viewed here. Siacoin’s official Twitter account is @sia__foundation and its Facebook page is accessible here. The official website for Siacoin is sia.tech.

According to CryptoCompare, “Siacoin (SC) is the native token of the Sia network, a decentralized storage platform facilitating global disk storage contributions to create a secure and private alternative to centralized cloud storage. Users can rent storage from hosts using Siacoin, with transactions managed by smart storage contracts on the Sia blockchain. These contracts ensure that hosts are paid only after securely storing a client’s file for a specified duration, incentivizing reliable storage. The concept for Sia and Siacoin was conceived by David Vorick and Luke Champine, founders of Skynet Labs, at an MIT hackathon in 2013. Skynet Labs, formerly Nebulous, continues to evolve the platform, aiming to build a decentralized internet through its application hosting and storage.”

Buying and Selling Siacoin

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

SC/USD price chart by TradingView