Siacoin Price Reaches $0.0089 on Major Exchanges (SC)

Siacoin (SC) traded 1.7% lower against the U.S. dollar during the one day period ending at 10:00 AM E.T. on February 12th. Siacoin has a total market capitalization of $499.86 million and approximately $6.05 million worth of Siacoin was traded on exchanges in the last day. One Siacoin coin can currently be purchased for about $0.0089 or 0.00000018 BTC on major cryptocurrency exchanges. In the last seven days, Siacoin has traded 1.9% higher against the U.S. dollar.

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

  • Bitcoin (BTC) traded up 1.7% against the dollar and now trades at $48,790.26 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 1.7% lower against the dollar and now trades at $0.0805 or 0.00000165 BTC.
  • Bitcoin Cash (BCH) traded up 2.8% against the dollar and now trades at $282.19 or 0.00578379 BTC.
  • Litecoin (LTC) traded 1.5% lower against the dollar and now trades at $71.13 or 0.00145797 BTC.
  • UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $4.12 or 0.00008452 BTC.
  • Ethereum Classic (ETC) traded 0.3% lower against the dollar and now trades at $25.90 or 0.00053091 BTC.
  • Monero (XMR) traded down 1.7% against the dollar and now trades at $119.58 or 0.00245094 BTC.
  • Bitcoin SV (BSV) traded up 0.1% against the dollar and now trades at $79.93 or 0.00163828 BTC.
  • NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
  • Conflux (CFX) traded 2.9% lower against the dollar and now trades at $0.22 or 0.00000443 BTC.

Siacoin Profile

Siacoin is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its genesis date was June 1st, 2015. Siacoin’s total supply is 56,464,125,000 coins and its circulating supply is 56,439,436,308 coins. Siacoin’s official Twitter account is @sia__foundation and its Facebook page is accessible here. The Reddit community for Siacoin is https://reddit.com/r/siacoin and the currency’s Github account can be viewed here. Siacoin’s official website is sia.tech.

According to CryptoCompare, “Siacoin (SC) is the native token of the Sia network, a decentralized storage platform facilitating global disk storage contributions to create a secure and private alternative to centralized cloud storage. Users can rent storage from hosts using Siacoin, with transactions managed by smart storage contracts on the Sia blockchain. These contracts ensure that hosts are paid only after securely storing a client’s file for a specified duration, incentivizing reliable storage. The concept for Sia and Siacoin was conceived by David Vorick and Luke Champine, founders of Skynet Labs, at an MIT hackathon in 2013. Skynet Labs, formerly Nebulous, continues to evolve the platform, aiming to build a decentralized internet through its application hosting and storage.”

Siacoin Coin Trading

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

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