Steem Tops 1-Day Volume of $10.62 Million (STEEM)

Steem (STEEM) traded down 3.7% against the U.S. dollar during the 1-day period ending at 19:00 PM E.T. on September 15th. Steem has a market cap of $77.73 million and $10.62 million worth of Steem was traded on exchanges in the last day. Over the last seven days, Steem has traded up 2.8% against the U.S. dollar. One Steem coin can currently be bought for approximately $0.16 or 0.00000280 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 2% against the dollar and now trades at $58,804.03 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.7% lower against the dollar and now trades at $0.10 or 0.00000174 BTC.
• Bitcoin Cash (BCH) traded down 3.8% against the dollar and now trades at $315.44 or 0.00535880 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $5.71 or 0.00009693 BTC.
• Litecoin (LTC) traded 4.2% lower against the dollar and now trades at $63.27 or 0.00107477 BTC.
• Monero (XMR) traded up 1.4% against the dollar and now trades at $170.47 or 0.00289590 BTC.
• Ethereum Classic (ETC) traded 4.4% lower against the dollar and now trades at $17.77 or 0.00030194 BTC.
• Arweave (AR) traded down 5.5% against the dollar and now trades at $18.94 or 0.00032171 BTC.
• Bitcoin SV (BSV) traded down 4.3% against the dollar and now trades at $46.46 or 0.00078922 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Steem Coin Profile

Steem is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its launch date was March 24th, 2016. Steem’s total supply is 471,502,698 coins. 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. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here.

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 currently possible to purchase alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to acquire Steem should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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