Steem (STEEM) Reaches 24-Hour Volume of $15.31 Million

Steem (STEEM) traded down 1% against the US dollar during the 1-day period ending at 19:00 PM E.T. on July 25th. One Steem coin can currently be bought for about $0.19 or 0.00000291 BTC on cryptocurrency exchanges. Over the last week, Steem has traded 2.1% lower against the US dollar. Steem has a total market capitalization of $89.43 million and approximately $15.31 million worth of Steem was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 0.4% higher against the dollar and now trades at $65,695.06 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.8% lower against the dollar and now trades at $0.12 or 0.00000190 BTC.
• Bitcoin Cash (BCH) traded 0.2% higher against the dollar and now trades at $361.56 or 0.00550356 BTC.
• UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $5.90 or 0.00008977 BTC.
• Litecoin (LTC) traded down 3.1% against the dollar and now trades at $68.77 or 0.00104688 BTC.
• Ethereum Classic (ETC) traded down 3.3% against the dollar and now trades at $22.03 or 0.00033541 BTC.
• Monero (XMR) traded up 1% against the dollar and now trades at $161.61 or 0.00246002 BTC.
• Arweave (AR) traded down 0.2% against the dollar and now trades at $30.11 or 0.00045834 BTC.
• Bitcoin SV (BSV) traded 4.6% lower against the dollar and now trades at $42.34 or 0.00064454 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Steem Coin Profile

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its launch date was March 24th, 2016. Steem’s total supply is 467,379,203 coins. 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. Steem’s official Twitter account is @steemit and its Facebook page is accessible 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 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 Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Steem using one of the aforementioned exchanges.

STEEM/USD price chart by TradingView