Decred (DCR) One Day Trading Volume Tops $4.29 Million

Decred (DCR) traded 0.6% lower against the dollar during the 1-day period ending at 17:00 PM Eastern on September 4th. One Decred coin can currently be purchased for approximately $11.50 or 0.00019802 BTC on major cryptocurrency exchanges. During the last seven days, Decred has traded 1.7% higher against the dollar. Decred has a total market cap of $187.37 million and $4.29 million worth of Decred was traded on exchanges in the last 24 hours.

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

• Compound (COMP) traded up 2.7% against the dollar and now trades at $44.55 or 0.00076733 BTC.
• Bitcoiva (BCA) traded down 7.9% against the dollar and now trades at $4.03 or 0.00006946 BTC.
• EverGrow Coin (EGC) traded 10.6% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001710 BTC.
• Bitcoin Diamond (BCD) traded 3% lower against the dollar and now trades at $0.0679 or 0.00000117 BTC.
• WhiteCoin (XWC) traded up 6% against the dollar and now trades at $0.0063 or 0.00000011 BTC.
• Navcoin (NAV) traded 1.5% lower against the dollar and now trades at $0.0379 or 0.00000065 BTC.
• ReddCoin (RDD) traded 32.4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 0% higher against the dollar and now trades at $0.0093 or 0.00000016 BTC.
• 42-coin (42) traded 1.9% lower against the dollar and now trades at $20,321.25 or 0.35002284 BTC.

About Decred

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 16,298,041 coins. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. Decred’s official website is decred.org. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. The official message board for Decred is medium.com/decred.

According to CryptoCompare, “Decred (DCR) is a hybrid PoW/PoS blockchain-based cryptocurrency, designed to ensure community involvement, open governance, and sustainable development funding. Stakeholders, or DCR holders, play a pivotal role in determining consensus rules, the blockchain’s evolution, and treasury funds allocation. Block rewards in Decred are split between PoW miners (10%), stakeholders (80%), and the Decred Treasury (10%). Stakeholders can stake their DCR for voting tickets, which grants them the power to vote on rule change proposals and approve PoW miners’ work. The Decred Treasury’s usage is decided via Politeia proposals and voting by live ticket holders. Launched in 2016 by co-founders including Alex and Jake Yocom-Piatt, Decred aims to create a truly decentralized cryptocurrency governed actively by its community.”

Decred Coin Trading

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

DCR/USD price chart by TradingView