Steem (STEEM) Trading Up 0.5% Over Last Week

Steem (STEEM) traded 3.9% lower against the dollar during the 24-hour period ending at 7:00 AM E.T. on September 16th. Steem has a total market capitalization of $77.17 million and approximately $13.72 million worth of Steem was traded on exchanges in the last 24 hours. One Steem coin can now be bought for about $0.16 or 0.00000279 BTC on popular exchanges. In the last week, Steem has traded up 0.5% against the dollar.

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

• Bitcoin (BTC) traded down 2.2% against the dollar and now trades at $58,664.33 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.8% against the dollar and now trades at $0.10 or 0.00000173 BTC.
• Bitcoin Cash (BCH) traded 4% lower against the dollar and now trades at $313.46 or 0.00534439 BTC.
• UNUS SED LEO (LEO) traded down 2.4% against the dollar and now trades at $5.74 or 0.00009779 BTC.
• Litecoin (LTC) traded down 2.3% against the dollar and now trades at $63.28 or 0.00107892 BTC.
• Monero (XMR) traded down 0.4% against the dollar and now trades at $169.97 or 0.00289795 BTC.
• Ethereum Classic (ETC) traded 3.6% lower against the dollar and now trades at $17.73 or 0.00030235 BTC.
• Arweave (AR) traded 4.8% lower against the dollar and now trades at $19.03 or 0.00032441 BTC.
• Bitcoin SV (BSV) traded 4.3% lower against the dollar and now trades at $46.14 or 0.00078660 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Steem

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 471,540,877 coins. Steem’s official website is steem.com. The official message board for Steem is steemit.com/@steemitblog. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. Steem’s official Twitter account is @steemit and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to trade Steem should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView