Steem Price Tops $0.29 on Top Exchanges (STEEM)

Steem (STEEM) traded 2.9% lower against the dollar during the 24-hour period ending at 21:00 PM ET on May 6th. Over the last seven days, Steem has traded 0.7% higher against the dollar. Steem has a total market cap of $133.32 million and approximately $8.58 million worth of Steem was traded on exchanges in the last 24 hours. One Steem coin can now be purchased for $0.29 or 0.00000454 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 1.1% against the dollar and now trades at $63,613.77 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.6% against the dollar and now trades at $0.16 or 0.00000247 BTC.
• Bitcoin Cash (BCH) traded 1.6% higher against the dollar and now trades at $478.68 or 0.00752480 BTC.
• Litecoin (LTC) traded 0.6% lower against the dollar and now trades at $81.12 or 0.00127517 BTC.
• UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $5.82 or 0.00009157 BTC.
• Ethereum Classic (ETC) traded down 2.3% against the dollar and now trades at $27.25 or 0.00042835 BTC.
• Arweave (AR) traded up 2.6% against the dollar and now trades at $41.07 or 0.00064569 BTC.
• Monero (XMR) traded down 2.7% against the dollar and now trades at $130.45 or 0.00205064 BTC.
• Bitcoin SV (BSV) traded down 0% against the dollar and now trades at $65.24 or 0.00102555 BTC.
• eCash (XEC) traded down 2.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Steem Profile

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its genesis date was March 24th, 2016. Steem’s total supply is 461,314,973 coins. The official message board for Steem is steemit.com/@steemitblog. Steem’s official website is steem.com. 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.

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 US dollars. Investors seeking to acquire Steem should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase 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