DigiByte Trading 3.9% Lower Over Last 7 Days (DGB)

DigiByte (CURRENCY:DGB) traded 3% higher against the dollar during the 24-hour period ending at 13:00 PM Eastern on September 15th. DigiByte has a market cap of $861.31 million and $25.93 million worth of DigiByte was traded on exchanges in the last day. Over the last week, DigiByte has traded 3.9% lower against the dollar. One DigiByte coin can currently be bought for $0.0587 or 0.00000122 BTC on major exchanges.

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

  • Circuits of Value (COVAL) traded down 3.7% against the dollar and now trades at $0.0187 or 0.00000039 BTC.
  • Quark (QRK) traded up 10% against the dollar and now trades at $0.0323 or 0.00000067 BTC.
  • Myriad (XMY) traded down 8.9% against the dollar and now trades at $0.0034 or 0.00000007 BTC.
  • Primecoin (XPM) traded 3.8% higher against the dollar and now trades at $0.12 or 0.00000253 BTC.
  • TeeCoin (TEC) traded flat against the dollar and now trades at $0.0013 or 0.00000007 BTC.
  • Safari (SFR) traded down 0.6% against the dollar and now trades at $0.0063 or 0.00000014 BTC.

DigiByte Coin Profile

DigiByte (CRYPTO:DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its genesis date was January 10th, 2014. DigiByte’s total supply is 14,670,996,701 coins. The Reddit community for DigiByte is /r/Digibyte and the currency’s Github account can be viewed here. The official message board for DigiByte is dgbforum.com. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The official website for DigiByte is www.digibyte.io.

According to CryptoCompare, “Security: DigiByte uses five highly advanced cryptographic algorithms. Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster. Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine. Worldwide: DigiBytes are already stored, traded and transacted in over 89 countries. Decentralization: There is no need for a middleman or third party or central server. Re-Spend: Send DigiBytes you received to someone else in as little as three minutes. Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network. Scarcity: 21 Billion DigiBytes will be created in 21 years. 1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month. Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms. Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology. Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world. Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users. A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe. “

DigiByte Coin Trading

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

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