Steem Price Tops $0.29 on Top Exchanges (STEEM)

Steem (STEEM) traded 8.1% lower against the U.S. dollar during the 1-day period ending at 10:00 AM E.T. on April 25th. Steem has a total market capitalization of $134.69 million and $30.64 million worth of Steem was traded on exchanges in the last 24 hours. During the last seven days, Steem has traded 18.1% higher against the U.S. dollar. One Steem coin can currently be bought for about $0.29 or 0.00000462 BTC on exchanges.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 2.3% lower against the dollar and now trades at $63,353.33 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6% lower against the dollar and now trades at $0.15 or 0.00000235 BTC.
• Bitcoin Cash (BCH) traded 4.9% lower against the dollar and now trades at $472.52 or 0.00745856 BTC.
• Litecoin (LTC) traded 4.1% lower against the dollar and now trades at $83.03 or 0.00131053 BTC.
• UNUS SED LEO (LEO) traded 0.3% higher against the dollar and now trades at $5.77 or 0.00009112 BTC.
• Ethereum Classic (ETC) traded 5.8% lower against the dollar and now trades at $26.09 or 0.00041175 BTC.
• Monero (XMR) traded 2.8% lower against the dollar and now trades at $118.63 or 0.00187255 BTC.
• Arweave (AR) traded 3.8% lower against the dollar and now trades at $32.51 or 0.00051310 BTC.
• Bitcoin SV (BSV) traded down 7.5% against the dollar and now trades at $65.88 or 0.00103996 BTC.
• eCash (XEC) traded down 6.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Steem Profile

Steem (CRYPTO: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 460,558,011 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. The official message board for Steem is steemit.com/@steemitblog. The official website for Steem is steem.com.

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.”

Buying and Selling Steem

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

STEEM/USD price chart by TradingView