Chia Price Hits $13.13 on Exchanges (XCH)

Chia (XCH) traded 3.8% higher against the US dollar during the one day period ending at 16:00 PM Eastern on November 1st. One Chia coin can now be purchased for about $13.13 or 0.00018967 BTC on exchanges. Chia has a total market capitalization of $181.42 million and approximately $8.11 million worth of Chia was traded on exchanges in the last day. In the last week, Chia has traded down 5.9% against the US dollar.

Here’s how related cryptocurrencies have performed in the last day:

• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.5% lower against the dollar and now trades at $69,245.71 or 1.00066593 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.5% against the dollar and now trades at $69,235.91 or 1.00052429 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Chia

Chia launched on March 10th, 2021. Chia’s total supply is 32,197,645 coins and its circulating supply is 13,822,567 coins. The Reddit community for Chia is https://reddit.com/r/chia and the currency’s Github account can be viewed here. Chia’s official website is www.chia.net. The official message board for Chia is www.chia.net/blog. Chia’s official Twitter account is @chia_project and its Facebook page is accessible here.

According to CryptoCompare, “Chia (XCH) is a cryptocurrency developed by Chia Network Inc. that uses a “proof of space and time” (PoST) consensus mechanism. The native token, XCH, is used to reward “farmers” who allocate unused disk space to secure the network. Chia aims to reduce the environmental impact of crypto farming and mining. XCH is used as a reward mechanism, for transaction fees, and as a digital medium of exchange. Chia was created by Chia Network Inc., co-founded in 2017 by Bram Cohen, the inventor of BitTorrent.”

Buying and Selling Chia

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

XCH/USD price chart by TradingView