Steem Tops One Day Trading Volume of $15.29 Million (STEEM)

Steem (STEEM) traded 0.2% higher against the US dollar during the one day period ending at 23:00 PM ET on August 10th. One Steem coin can currently be purchased for $0.17 or 0.00000281 BTC on popular exchanges. In the last week, Steem has traded up 4.3% against the US dollar. Steem has a market capitalization of $80.57 million and approximately $15.29 million worth of Steem was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 1.2% against the dollar and now trades at $61,181.82 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 5.7% against the dollar and now trades at $0.11 or 0.00000179 BTC.
• Bitcoin Cash (BCH) traded 1.4% higher against the dollar and now trades at $355.62 or 0.00581254 BTC.
• UNUS SED LEO (LEO) traded 4.5% higher against the dollar and now trades at $6.04 or 0.00009868 BTC.
• Litecoin (LTC) traded 2.6% higher against the dollar and now trades at $61.84 or 0.00101069 BTC.
• Ethereum Classic (ETC) traded up 0.6% against the dollar and now trades at $19.50 or 0.00031873 BTC.
• Monero (XMR) traded down 0.4% against the dollar and now trades at $151.60 or 0.00247785 BTC.
• Arweave (AR) traded 0.4% lower against the dollar and now trades at $21.92 or 0.00035823 BTC.
• Bitcoin SV (BSV) traded up 3.6% against the dollar and now trades at $43.50 or 0.00071093 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. It launched on March 24th, 2016. Steem’s total supply is 468,656,403 coins. The official message board for Steem is steemit.com/@steemitblog. The official website for Steem is steem.com. 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.

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 possible to purchase alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to trade Steem should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView