Steem (STEEM) Reaches 1-Day Trading Volume of $4.01 Million

Steem (STEEM) traded 1.4% higher against the U.S. dollar during the 1-day period ending at 21:00 PM ET on July 9th. In the last week, Steem has traded 7.3% lower against the U.S. dollar. Steem has a market capitalization of $82.81 million and $4.01 million worth of Steem was traded on exchanges in the last 24 hours. One Steem coin can now be purchased for $0.18 or 0.00000308 BTC on exchanges.

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

• Bitcoin (BTC) traded up 1.3% against the dollar and now trades at $57,593.76 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.7% lower against the dollar and now trades at $0.11 or 0.00000185 BTC.
• Bitcoin Cash (BCH) traded 2.1% lower against the dollar and now trades at $329.51 or 0.00572121 BTC.
• UNUS SED LEO (LEO) traded 1.2% higher against the dollar and now trades at $5.84 or 0.00010135 BTC.
• Litecoin (LTC) traded 0.8% lower against the dollar and now trades at $64.75 or 0.00112419 BTC.
• Ethereum Classic (ETC) traded 1.6% lower against the dollar and now trades at $20.51 or 0.00035613 BTC.
• Monero (XMR) traded 0.8% higher against the dollar and now trades at $155.30 or 0.00269650 BTC.
• Arweave (AR) traded down 2.1% against the dollar and now trades at $22.05 or 0.00038282 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded up 1% against the dollar and now trades at $37.21 or 0.00064601 BTC.

Steem Profile

Steem (CRYPTO:STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its genesis date was March 24th, 2016. Steem’s total supply is 466,121,548 coins. The official message board for Steem is steemit.com/@steemitblog. 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 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.”

Steem Coin Trading

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

STEEM/USD price chart by TradingView