Steem Price Tops $0.15 on Major Exchanges (STEEM)

Steem (STEEM) traded 1.3% lower against the U.S. dollar during the one day period ending at 14:00 PM ET on September 6th. One Steem coin can now be bought for approximately $0.15 or 0.00000288 BTC on popular exchanges. In the last week, Steem has traded 3.2% lower against the U.S. dollar. Steem has a market cap of $72.75 million and approximately $13.36 million worth of Steem was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 5.3% lower against the dollar and now trades at $53,746.27 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 7.3% lower against the dollar and now trades at $0.0917 or 0.00000171 BTC.
• Bitcoin Cash (BCH) traded 2.8% lower against the dollar and now trades at $298.52 or 0.00555416 BTC.
• UNUS SED LEO (LEO) traded 0.7% lower against the dollar and now trades at $5.51 or 0.00010246 BTC.
• Litecoin (LTC) traded down 2.9% against the dollar and now trades at $63.65 or 0.00118431 BTC.
• Monero (XMR) traded down 2.1% against the dollar and now trades at $169.21 or 0.00314832 BTC.
• Ethereum Classic (ETC) traded 1% lower against the dollar and now trades at $17.44 or 0.00032442 BTC.
• Arweave (AR) traded down 3.5% against the dollar and now trades at $20.59 or 0.00038314 BTC.
• Bitcoin SV (BSV) traded 2.7% lower against the dollar and now trades at $44.62 or 0.00083027 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Steem Profile

Steem is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It was first traded on March 24th, 2016. Steem’s total supply is 470,770,228 coins. Steem’s official message board 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.”

Buying and Selling Steem

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

STEEM/USD price chart by TradingView