Reef (REEF) Trading Up 1.6% Over Last Week

Reef (REEF) traded 0.2% higher against the U.S. dollar during the 24 hour period ending at 9:00 AM ET on February 10th. One Reef coin can now be purchased for about $0.0006 or 0.00000001 BTC on popular exchanges. During the last seven days, Reef has traded up 1.6% against the U.S. dollar. Reef has a market capitalization of $13.05 million and $9.42 million worth of Reef was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• GMX (GMX) traded up 5.9% against the dollar and now trades at $24.03 or 0.00024486 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1.7% higher against the dollar and now trades at $97,542.80 or 0.99388849 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 9.9% higher against the dollar and now trades at $97,213.90 or 0.99053722 BTC.

Reef Coin Profile

Reef uses the hashing algorithm. It launched on December 1st, 2020. Reef’s total supply is 21,015,694,236 coins. Reef’s official Twitter account is @reef_chain and its Facebook page is accessible here. The official website for Reef is reef.io. Reef’s official message board is blog.reef.io. The Reddit community for Reef is https://reddit.com/r/reefdefi and the currency’s Github account can be viewed here.

According to CryptoCompare, “Reef (REEF) is a blockchain-based platform streamlining DeFi access through a cross-chain liquidity aggregator and yield engine. Created by Denko Mancheski, it supports multiple blockchains, including Ethereum, Binance Smart Chain, and Polkadot. REEF is the native utility token on Reef chain, used for transaction fees (gas), on-chain governance (NPoS and PoC), and collateral within the ecosystem. With a flexible supply, its deflationary fee burn model offsets governance and chain running costs. Users can stake REEF tokens to participate in governance and earn rewards. Reef chain is an advanced smart contracts blockchain, backwards-compatible with Ethereum EVM, featuring runtime upgradability, on-chain governance, and high throughput. ERC-20 REEF tokens can be converted to Reef chain native tokens via Gate.io exchange. Reef’s goal is to simplify DeFi by offering a single location for lending, borrowing, staking, and trading.”

Buying and Selling Reef

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

REEF/USD price chart by TradingView