Steem 24 Hour Trading Volume Reaches $47.08 Million (STEEM)

Steem (STEEM) traded down 1.4% against the dollar during the twenty-four hour period ending at 8:00 AM E.T. on April 30th. Steem has a market capitalization of $129.29 million and approximately $47.08 million worth of Steem was traded on exchanges in the last 24 hours. One Steem coin can now be bought for $0.28 or 0.00000458 BTC on popular exchanges. Over the last week, Steem has traded down 2% against the dollar.

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

• Bitcoin (BTC) traded down 2.3% against the dollar and now trades at $61,295.88 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4.2% against the dollar and now trades at $0.14 or 0.00000220 BTC.
• Bitcoin Cash (BCH) traded down 2.8% against the dollar and now trades at $437.75 or 0.00714165 BTC.
• Litecoin (LTC) traded 4.9% lower against the dollar and now trades at $79.15 or 0.00129126 BTC.
• UNUS SED LEO (LEO) traded up 0.9% against the dollar and now trades at $5.81 or 0.00009486 BTC.
• Ethereum Classic (ETC) traded down 5.9% against the dollar and now trades at $25.53 or 0.00041655 BTC.
• Monero (XMR) traded 3.5% lower against the dollar and now trades at $121.28 or 0.00197866 BTC.
• Arweave (AR) traded down 6.4% against the dollar and now trades at $33.54 or 0.00054713 BTC.
• Bitcoin SV (BSV) traded down 5.1% against the dollar and now trades at $61.21 or 0.00099856 BTC.
• eCash (XEC) traded 4.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About 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 460,876,008 coins. The official website for Steem is steem.com. 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.

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

STEEM/USD price chart by TradingView