Syscoin 24-Hour Trading Volume Reaches $3.41 Million (SYS)

Syscoin (SYS) traded 7.5% lower against the dollar during the twenty-four hour period ending at 20:00 PM E.T. on September 16th. During the last seven days, Syscoin has traded down 8.8% against the dollar. One Syscoin coin can currently be bought for $0.0982 or 0.00000169 BTC on popular cryptocurrency exchanges. Syscoin has a total market capitalization of $77.86 million and $3.41 million worth of Syscoin was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 0.9% lower against the dollar and now trades at $58,287.60 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.2% lower against the dollar and now trades at $312.05 or 0.00535364 BTC.
• Arweave (AR) traded 0.8% higher against the dollar and now trades at $19.00 or 0.00032593 BTC.
• Bitcoin SV (BSV) traded 0.3% lower against the dollar and now trades at $46.36 or 0.00079530 BTC.
• eCash (XEC) traded 0.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

SYS is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 16th, 2014. Syscoin’s total supply is 792,569,633 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. 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. Syscoin’s official message board is syscoin.org/news.

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 currently possible to purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to acquire Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView