Steem (STEEM) 24 Hour Trading Volume Hits $17.42 Million

Steem (STEEM) traded 3.9% lower against the U.S. dollar during the 24-hour period ending at 19:00 PM E.T. on November 3rd. One Steem coin can currently be purchased for $0.15 or 0.00000223 BTC on major exchanges. Steem has a total market capitalization of $72.67 million and approximately $17.42 million worth of Steem was traded on exchanges in the last day. During the last week, Steem has traded 7.7% lower against the U.S. dollar.

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

• Bitcoin (BTC) traded down 1.1% against the dollar and now trades at $68,511.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.9% lower against the dollar and now trades at $0.15 or 0.00000218 BTC.
• Bitcoin Cash (BCH) traded down 4.3% against the dollar and now trades at $338.27 or 0.00493743 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $6.05 or 0.00008826 BTC.
• Litecoin (LTC) traded 3.7% lower against the dollar and now trades at $66.66 or 0.00097298 BTC.
• Monero (XMR) traded up 1% against the dollar and now trades at $156.72 or 0.00228750 BTC.
• Ethereum Classic (ETC) traded down 2.1% against the dollar and now trades at $17.77 or 0.00025931 BTC.
• Bitcoin SV (BSV) traded 4.4% lower against the dollar and now trades at $46.84 or 0.00068372 BTC.
• Arweave (AR) traded 5.1% lower against the dollar and now trades at $13.75 or 0.00020074 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Steem

Steem (CRYPTO:STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It was first traded on March 24th, 2016. Steem’s total supply is 475,395,165 coins. Steem’s official message board is steemit.com/@steemitblog. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. The official website for Steem is steem.com.

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 presently possible to buy alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to acquire Steem should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView