Steem 24 Hour Volume Tops $10.29 Million (STEEM)

Steem (STEEM) traded 2.5% higher against the dollar during the 1-day period ending at 20:00 PM ET on September 7th. One Steem coin can now be purchased for approximately $0.16 or 0.00000289 BTC on popular exchanges. During the last seven days, Steem has traded 3.4% lower against the dollar. Steem has a market cap of $73.53 million and $10.29 million worth of Steem was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 0.4% higher against the dollar and now trades at $54,119.97 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 2.8% against the dollar and now trades at $0.0952 or 0.00000176 BTC.
• Bitcoin Cash (BCH) traded 1.5% higher against the dollar and now trades at $299.18 or 0.00552807 BTC.
• UNUS SED LEO (LEO) traded down 0.5% against the dollar and now trades at $5.45 or 0.00010076 BTC.
• Litecoin (LTC) traded down 1.9% against the dollar and now trades at $61.96 or 0.00114479 BTC.
• Monero (XMR) traded up 1.5% against the dollar and now trades at $168.52 or 0.00311377 BTC.
• Ethereum Classic (ETC) traded up 1.4% against the dollar and now trades at $17.60 or 0.00032514 BTC.
• Arweave (AR) traded 1.8% lower against the dollar and now trades at $19.63 or 0.00036275 BTC.
• Bitcoin SV (BSV) traded 1.1% lower against the dollar and now trades at $44.16 or 0.00081605 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Steem

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 470,869,709 coins. 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. Steem’s official message board is steemit.com/@steemitblog. 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.”

Steem Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to acquire Steem should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. 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