Steem (STEEM) Tops 24 Hour Trading Volume of $3.63 Million

Steem (STEEM) traded 4.6% higher against the U.S. dollar during the one day period ending at 17:00 PM ET on May 15th. One Steem coin can currently be bought for about $0.28 or 0.00000418 BTC on major cryptocurrency exchanges. Steem has a total market capitalization of $127.81 million and $3.63 million worth of Steem was traded on exchanges in the last day. During the last seven days, Steem has traded 1.4% lower against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

  • Bitcoin (BTC) traded 7.3% higher against the dollar and now trades at $66,185.38 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded up 6.9% against the dollar and now trades at $0.16 or 0.00000236 BTC.
  • Bitcoin Cash (BCH) traded up 7.9% against the dollar and now trades at $465.37 or 0.00703131 BTC.
  • Litecoin (LTC) traded 3.8% higher against the dollar and now trades at $82.13 or 0.00124095 BTC.
  • UNUS SED LEO (LEO) traded 0.6% higher against the dollar and now trades at $5.97 or 0.00009026 BTC.
  • Ethereum Classic (ETC) traded 6% higher against the dollar and now trades at $27.05 or 0.00040876 BTC.
  • Arweave (AR) traded 12.2% higher against the dollar and now trades at $44.66 or 0.00067484 BTC.
  • Monero (XMR) traded up 1.4% against the dollar and now trades at $134.38 or 0.00203043 BTC.
  • Bitcoin SV (BSV) traded up 8% against the dollar and now trades at $63.84 or 0.00096462 BTC.
  • eCash (XEC) traded 6.6% higher against the dollar and now trades at $0.0000 or 0.00000000 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 461,929,303 coins. The official website for Steem 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. The official message board for Steem is steemit.com/@steemitblog.

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

Receive News & Updates for Steem Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Steem and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.