Syscoin Reaches 24-Hour Volume of $1.68 Million (SYS)

Syscoin (SYS) traded up 0.4% against the U.S. dollar during the one day period ending at 19:00 PM Eastern on November 1st. One Syscoin coin can now be bought for about $0.0979 or 0.00000141 BTC on popular exchanges. Syscoin has a market cap of $78.12 million and approximately $1.68 million worth of Syscoin was traded on exchanges in the last day. During the last week, Syscoin has traded down 3.1% against the U.S. dollar.

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

• Bitcoin (BTC) traded 1% lower against the dollar and now trades at $69,367.98 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 2.9% against the dollar and now trades at $348.11 or 0.00501896 BTC.
• Bitcoin SV (BSV) traded down 4.4% against the dollar and now trades at $49.82 or 0.00071835 BTC.
• Arweave (AR) traded 5.6% lower against the dollar and now trades at $14.55 or 0.00020973 BTC.
• eCash (XEC) traded down 3.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

Syscoin (CRYPTO:SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 16th, 2014. Syscoin’s total supply is 798,066,267 coins. Syscoin’s official message board is syscoin.org/news. The official website for Syscoin is syscoin.org. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here.

According to CryptoCompare, “Syscoin (SYS) is a blockchain protocol founded in 2014 by Sebastian Schepis, designed to merge the security of Bitcoin with the functionality of Ethereum into a single, scalable platform. It supports the creation of decentralized applications and custom tokens, leveraging a dual-chain architecture that includes the Ethereum-compatible NEVM and a Bitcoin-based Syscoin UTXO blockchain. Syscoin aims to offer fast, secure, and low-cost transactions, with features like optimistic and ZK rollups for enhanced scalability. Led by the non-profit Syscoin Foundation, with development spearheaded by SYS Labs, the ecosystem fosters innovation in decentralized finance (DeFi) and NFT marketplaces. Syscoin’s unique blend of Bitcoin’s and Ethereum’s strengths positions it as a versatile and efficient blockchain for a wide range of applications.”

Buying and Selling Syscoin

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

SYS/USD price chart by TradingView