Steem (STEEM) Price Reaches $0.34 on Top Exchanges

Steem (STEEM) traded 19.1% higher against the dollar during the 24-hour period ending at 18:00 PM E.T. on April 23rd. One Steem coin can now be bought for approximately $0.34 or 0.00000509 BTC on exchanges. In the last week, Steem has traded up 27.9% against the dollar. Steem has a market cap of $155.79 million and $35.58 million worth of Steem was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $66,428.01 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.9% lower against the dollar and now trades at $0.16 or 0.00000241 BTC.
• Bitcoin Cash (BCH) traded 4% lower against the dollar and now trades at $506.27 or 0.00762133 BTC.
• Litecoin (LTC) traded down 0.9% against the dollar and now trades at $85.05 or 0.00128038 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $5.76 or 0.00008670 BTC.
• Ethereum Classic (ETC) traded 0.7% lower against the dollar and now trades at $28.24 or 0.00042508 BTC.
• Monero (XMR) traded 0.1% higher against the dollar and now trades at $121.78 or 0.00183329 BTC.
• Arweave (AR) traded down 4.6% against the dollar and now trades at $33.84 or 0.00050943 BTC.
• Bitcoin SV (BSV) traded down 1.8% against the dollar and now trades at $71.80 or 0.00108088 BTC.
• eCash (XEC) traded down 1.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Steem

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It launched on March 24th, 2016. Steem’s total supply is 460,447,618 coins. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. Steem’s official website is steem.com. The official message board for Steem is steemit.com/@steemitblog.

According to CryptoCompare, “Steem (STEEM) is a blockchain-based social media platform that rewards content creators with STEEM tokens. Created by Ned Scott and Dan Larimer, it promotes decentralized content creation and curation, providing an alternative to traditional social media.”

Steem Coin Trading

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

STEEM/USD price chart by TradingView