DigiByte Hits 24 Hour Trading Volume of $8.76 Million (DGB)

DigiByte (DGB) traded 9.3% lower against the U.S. dollar during the 24 hour period ending at 7:00 AM Eastern on July 19th. During the last seven days, DigiByte has traded 33.9% higher against the U.S. dollar. DigiByte has a market capitalization of $61.24 million and $8.76 million worth of DigiByte was traded on exchanges in the last day. One DigiByte coin can currently be bought for about $0.0034 or 0.00000005 BTC on cryptocurrency exchanges.

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

• Arweave (AR) traded 0.5% higher against the dollar and now trades at $1.90 or 0.00002945 BTC.
• Bitcoin (BTC) traded 0.8% higher against the dollar and now trades at $64,483.71 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.6% higher against the dollar and now trades at $0.0726 or 0.00000113 BTC.
• Zcash (ZEC) traded up 3.2% against the dollar and now trades at $556.56 or 0.00863094 BTC.
• UNUS SED LEO (LEO) traded up 0.3% against the dollar and now trades at $9.81 or 0.00015215 BTC.
• Monero (XMR) traded up 1.5% against the dollar and now trades at $336.36 or 0.00521620 BTC.
• Bitcoin Cash (BCH) traded down 0.7% against the dollar and now trades at $217.38 or 0.00337104 BTC.
• Litecoin (LTC) traded up 3.6% against the dollar and now trades at $47.04 or 0.00072956 BTC.
• Ethereum Classic (ETC) traded down 1.1% against the dollar and now trades at $6.94 or 0.00010766 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About DigiByte

DGB is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 8th, 2014. DigiByte’s total supply is 18,387,867,386 coins and its circulating supply is 18,080,540,706 coins. DigiByte’s official message board is medium.com/@digibyte_official. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. DigiByte’s official website is digibyte.org.

According to CryptoCompare, “A coin that has adopted the Bitcoin “21” figure but increased the supply to 21 billion – with over 5 algorithms to mine with (Scryt, Sha-256, Qubit, Skein, Groestl) – in order to keep mining local and in the hands of many. A 60 second block target, a 0.5% premine and a block retarget every 2.4 hrs or 244 blocks. DigiByte: Refers to the entire DigiByte network or a single monetary unit on the payment network. 21 billion DigiBytes will be created over 21 years. Block: A grouping of all transactions sent over the DigiByte network within a 30 second time frame. Think of a block as an excel spreadsheet that lists the address location of all DigiBytes at a given point in time in history. New DigiBytes are brought into circulation as each block is discovered on the network through a process called mining. Mining: Mining is how transactions are processed on the network. Anyone can become a miner by donating and using their desktop, laptop or mobile phone computing power to help process transactions on the DigiByte network. DigiByte has made this process even easier with our 3 click mining software for beginners. Blockchain: The DigiByte blockchain is the entire history of all blocks discovered on the network & therefore all transactions made on the network. Each block references the proceeding block all the way back to the beginning of the network to what is known as the genesis block. By linking blocks (spreadsheets) together an accurate, secure accounting of all up to date DigiByte ownership is made by decentralized consensus. Telegram, Facebook, LinkedIn, Instagram, YouTubeWhitepaper”

DigiByte Coin Trading

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

DGB/USD price chart by TradingView