Reef Trading 8.5% Lower Over Last Week (REEF)

Reef (REEF) traded up 0.7% against the U.S. dollar during the 1-day period ending at 9:00 AM ET on March 6th. One Reef coin can now be purchased for about $0.0006 or 0.00000001 BTC on exchanges. Reef has a total market capitalization of $12.00 million and $9.57 million worth of Reef was traded on exchanges in the last day. During the last seven days, Reef has traded down 8.5% against the U.S. dollar.

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

• Taiko (TAIKO) traded 0.8% higher against the dollar and now trades at $0.83 or 0.00000919 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 0.2% against the dollar and now trades at $89,536.14 or 0.99594791 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.2% higher against the dollar and now trades at $89,113.41 or 0.99124570 BTC.

Reef Coin Profile

REEF uses the hashing algorithm. Its genesis date was December 1st, 2020. Reef’s total supply is 21,015,694,230 coins. The Reddit community for Reef is https://reddit.com/r/reefdefi and the currency’s Github account can be viewed here. Reef’s official Twitter account is @reef_chain and its Facebook page is accessible here. Reef’s official message board is blog.reef.io. Reef’s official website is reef.io.

According to CryptoCompare, “Reef (REEF) is a blockchain-based platform streamlining DeFi access through a cross-chain liquidity aggregator and yield engine. Created by Denko Mancheski, it supports multiple blockchains, including Ethereum, Binance Smart Chain, and Polkadot. REEF is the native utility token on Reef chain, used for transaction fees (gas), on-chain governance (NPoS and PoC), and collateral within the ecosystem. With a flexible supply, its deflationary fee burn model offsets governance and chain running costs. Users can stake REEF tokens to participate in governance and earn rewards. Reef chain is an advanced smart contracts blockchain, backwards-compatible with Ethereum EVM, featuring runtime upgradability, on-chain governance, and high throughput. ERC-20 REEF tokens can be converted to Reef chain native tokens via Gate.io exchange. Reef’s goal is to simplify DeFi by offering a single location for lending, borrowing, staking, and trading.”

Buying and Selling Reef

It is usually not currently possible to buy alternative cryptocurrencies such as Reef directly using U.S. dollars. Investors seeking to acquire Reef should first buy 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 buy Reef using one of the aforementioned exchanges.

REEF/USD price chart by TradingView