Beam Reaches Market Capitalization of $23.09 Million (BEAM)

Beam (BEAM) traded 2.9% higher against the U.S. dollar during the twenty-four hour period ending at 21:00 PM E.T. on August 5th. In the last seven days, Beam has traded 5.9% higher against the U.S. dollar. Beam has a market cap of $23.09 million and approximately $3.19 million worth of Beam was traded on exchanges in the last 24 hours. One Beam coin can currently be bought for $0.19 or 0.00000828 BTC on major exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

  • Safe (SAFE) traded 2.4% higher against the dollar and now trades at $13.03 or 0.00056073 BTC.
  • Vidulum (VDL) traded up 5.9% against the dollar and now trades at $0.0387 or 0.00000167 BTC.
  • Grimm (GRIMM) traded up 2.1% against the dollar and now trades at $0.0003 or 0.00000001 BTC.
  • Defis (XGM) traded up 2.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Litecash (CASH) traded down 50.5% against the dollar and now trades at $0.0020 or 0.00000005 BTC.

Beam Coin Profile

BEAM is a proof-of-work (PoW) coin that uses the

Equihash

hashing algorithm. Its launch date was January 3rd, 2019. Beam’s total supply is 119,901,840 coins. Beam’s official Twitter account is @beamprivacy and its Facebook page is accessible here. The Reddit community for Beam is /r/beamprivacy and the currency’s Github account can be viewed here. Beam’s official website is www.beam.mw.

According to CryptoCompare, “Beam is a scalable, confidential cryptocurrency based on an elegant and innovative Mimblewimble protocol.¬†Users have complete control over privacy – a user decides which information will be available and to which parties, having complete control over his personal data in accordance with his will and applicable laws. “

Buying and Selling Beam

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

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