Lisk Trading Down 2.3% This Week (LSK)

Lisk (LSK) traded 0.2% lower against the US dollar during the 24-hour period ending at 13:00 PM ET on January 16th. One Lisk coin can currently be bought for approximately $0.20 or 0.00000215 BTC on cryptocurrency exchanges. During the last seven days, Lisk has traded down 2.3% against the US dollar. Lisk has a total market capitalization of $46.03 million and $7.60 million worth of Lisk was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded down 0.4% against the dollar and now trades at $0.31 or 0.00000325 BTC.
• Tezos (XTZ) traded 1.7% higher against the dollar and now trades at $0.60 or 0.00000632 BTC.
• BitTorrent-New (BTT) traded 1.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• EOS (EOS) traded down 17.1% against the dollar and now trades at $0.14 or 0.00000152 BTC.
• Terra Classic (LUNC) traded 3.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded up 0% against the dollar and now trades at $0.10 or 0.00000107 BTC.
• Terra (LUNA) traded down 0.1% against the dollar and now trades at $0.0882 or 0.00000093 BTC.
• Ark (ARK) traded down 1.7% against the dollar and now trades at $0.28 or 0.00000299 BTC.

Lisk Coin Profile

Lisk is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its launch date was May 24th, 2016. Lisk’s total supply is 400,000,000 coins and its circulating supply is 226,331,181 coins. The official website for Lisk is lisk.com. The Reddit community for Lisk is https://reddit.com/r/lisk and the currency’s Github account can be viewed here. Lisk’s official Twitter account is @liskhq and its Facebook page is accessible here. The official message board for Lisk is lisk.com/blog.

According to CryptoCompare, “Lisk is a crypto-currency and decentralized application platform. As a crypto-currency, much like Bitcoin and other alternatives, it provides a decentralized payment system and digital money network. The network itself operates using a highly efficient Delegated-Proof-of-Stake (DPoS) consensus model, that is secured by 101 democratically elected delegates. The Lisk decentralized application platform, its most powerful component, allows the deployment, distribution, and monetization of decentralized applications and custom blockchains (sidechains) onto the Lisk blockchain. The inflation rate is 5 LISK per block, which gets lowered by 1 every year until it reaches a stable block reward of 1 LISK per block. Lisk partnered with Microsoft to integrate Lisk into its Azure Blockchain as a Service (BaaS) program — meaning developers worldwide can develop, test, and deploy Lisk blockchain applications using Microsoft's Azure cloud computing platform and infrastructure.”

Buying and Selling Lisk

It is usually not possible to buy alternative cryptocurrencies such as Lisk directly using US dollars. Investors seeking to trade Lisk should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Lisk using one of the exchanges listed above.

LSK/USD price chart by TradingView