BlackCoin Price Hits $0.0189 on Major Exchanges (BLK)

BlackCoin (BLK) traded 4.1% lower against the U.S. dollar during the 24-hour period ending at 20:00 PM Eastern on May 27th. During the last week, BlackCoin has traded up 0.9% against the U.S. dollar. BlackCoin has a market cap of $1.16 million and $46.00 worth of BlackCoin was traded on exchanges in the last day. One BlackCoin coin can now be purchased for about $0.0189 or 0.00000066 BTC on cryptocurrency exchanges.

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

  • Qtum (QTUM) traded 2.9% lower against the dollar and now trades at $3.70 or 0.00012921 BTC.
  • BitBay (BAY) traded flat against the dollar and now trades at $0.18 or 0.00001849 BTC.
  • Radium (RADS) traded flat against the dollar and now trades at $2.07 or 0.00008889 BTC.
  • Atmos (ATMOS) traded up 4.5% against the dollar and now trades at $0.0055 or 0.00000019 BTC.
  • NuShares (NSR) traded flat against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Global Currency Reserve (GCR) traded 2.6% lower against the dollar and now trades at $0.0003 or 0.00000001 BTC.
  • Rubycoin (RBY) traded flat against the dollar and now trades at $7,868,772.72 or 0.00000966 BTC.

About BlackCoin

BlackCoin is a proof-of-stake (PoS) coin that uses the Proof of Stake hashing algorithm. Its genesis date was February 24th, 2014. BlackCoin’s total supply is 61,391,531 coins. BlackCoin’s official Twitter account is @CoinBlack and its Facebook page is accessible here. The Reddit community for BlackCoin is /r/blackcoin and the currency’s Github account can be viewed here. BlackCoin’s official website is blackcoin.org.

According to CryptoCompare, “BlackCoin has seen initial success due to its innovative features. The coin has incorporated bitcoin upgrades to reduce transaction risk. The coin initially uses proof of work as well as proof of stake, with the proof of work being dropped after the 10000th block. The advantages of Blackcoins proof of stake is that it has extremely fast transaction confirmation times at ten seconds – compared to bitcoins ten minutes plus. The other bonus is the low energy consumption without PoW mining. Interest is paid annually at a 1% rate – well below the present global average. “

Buying and Selling BlackCoin

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

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