DubaiCoin (DBIX) Market Capitalization Tops $5.12 Million

DubaiCoin (DBIX) traded flat against the U.S. dollar during the 24-hour period ending at 9:00 AM E.T. on May 14th. In the last week, DubaiCoin has traded flat against the U.S. dollar. DubaiCoin has a market capitalization of $5.12 million and $552,181.00 worth of DubaiCoin was traded on exchanges in the last day. One DubaiCoin coin can currently be bought for $1.20 or 0.00003094 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed in the last day:

  • Waves (WAVES) traded down 16.6% against the dollar and now trades at $6.65 or 0.00022829 BTC.
  • Qtum (QTUM) traded 8.5% lower against the dollar and now trades at $3.78 or 0.00012982 BTC.
  • WhiteCoin (XWC) traded up 3.7% against the dollar and now trades at $0.25 or 0.00000868 BTC.
  • BitBay (BAY) traded flat against the dollar and now trades at $0.18 or 0.00001849 BTC.
  • Lisk (LSK) traded 4.6% lower against the dollar and now trades at $1.11 or 0.00003818 BTC.
  • Sentinel Protocol (UPP) traded 7.7% higher against the dollar and now trades at $0.0775 or 0.00000266 BTC.
  • Radium (RADS) traded flat against the dollar and now trades at $2.07 or 0.00008889 BTC.
  • Nxt (NXT) traded down 8.4% against the dollar and now trades at $0.0037 or 0.00000013 BTC.
  • Neblio (NEBL) traded 17.3% lower against the dollar and now trades at $0.17 or 0.00000574 BTC.
  • TransferCoin (TX) traded 4.9% lower against the dollar and now trades at $0.24 or 0.00000825 BTC.

DubaiCoin Coin Profile

DubaiCoin (DBIX) is a proof-of-work (PoW) coin that uses the Proof of Stake hashing algorithm. Its launch date was February 20th, 2016. DubaiCoin’s total supply is 4,263,172 coins. The Reddit community for DubaiCoin is /r/ArabianChain and the currency’s Github account can be viewed here. DubaiCoin’s official Twitter account is @DubaiCoin_org and its Facebook page is accessible here. DubaiCoin’s official website is www.arabianchain.org.

According to CryptoCompare, “DBIX is an advanced version of DubaiCoin with improved security and greater efficiency to support money transfers and global payments, along with fueling the Arabian Chain platform. It's a Proof of Work cryptocurrency based on the Dagger-Hashimoto algorithm. “

DubaiCoin Coin Trading

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

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