Steem (STEEM) Reaches One Day Volume of $10.06 Million

Steem (STEEM) traded up 7.2% against the U.S. dollar during the 1 day period ending at 9:00 AM ET on April 23rd. One Steem coin can currently be bought for about $0.30 or 0.00000451 BTC on major cryptocurrency exchanges. Steem has a total market cap of $137.93 million and approximately $10.06 million worth of Steem was traded on exchanges in the last day. In the last seven days, Steem has traded 22.3% higher against the U.S. dollar.

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

• Bitcoin (BTC) traded up 0.7% against the dollar and now trades at $66,379.90 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.3% lower against the dollar and now trades at $0.16 or 0.00000240 BTC.
• Bitcoin Cash (BCH) traded 0.1% lower against the dollar and now trades at $508.11 or 0.00765451 BTC.
• Litecoin (LTC) traded down 0.1% against the dollar and now trades at $84.57 or 0.00127396 BTC.
• UNUS SED LEO (LEO) traded down 0% against the dollar and now trades at $5.76 or 0.00008671 BTC.
• Ethereum Classic (ETC) traded down 0.9% against the dollar and now trades at $27.95 or 0.00042105 BTC.
• Monero (XMR) traded 1.8% higher against the dollar and now trades at $123.36 or 0.00185835 BTC.
• Arweave (AR) traded 3.9% higher against the dollar and now trades at $34.43 or 0.00051863 BTC.
• Bitcoin SV (BSV) traded 0% lower against the dollar and now trades at $71.48 or 0.00107677 BTC.
• eCash (XEC) traded 0.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Steem Profile

STEEM is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its launch date was March 24th, 2016. Steem’s total supply is 460,421,526 coins. Steem’s official message board is steemit.com/@steemitblog. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. The official website for Steem is steem.com. Steem’s official Twitter account is @steemit and its Facebook page is accessible here.

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 currently possible to purchase alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to acquire Steem should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Steem using one of the aforementioned exchanges.

STEEM/USD price chart by TradingView