BlackCoin Price Down 5.8% Over Last Week (BLK)

BlackCoin (CURRENCY:BLK) traded 6.7% higher against the U.S. dollar during the 1-day period ending at 22:00 PM Eastern on September 22nd. In the last week, BlackCoin has traded 5.8% lower against the U.S. dollar. BlackCoin has a total market cap of $4.18 million and approximately $9,861.00 worth of BlackCoin was traded on exchanges in the last day. One BlackCoin coin can now be bought for about $0.0687 or 0.00000158 BTC on major cryptocurrency exchanges.

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

  • Qtum (QTUM) traded 11.5% higher against the dollar and now trades at $10.83 or 0.00024893 BTC.
  • BitBay (BAY) traded 0% higher against the dollar and now trades at $0.18 or 0.00001849 BTC.
  • Radium (RADS) traded 167.5% higher against the dollar and now trades at $2.07 or 0.00008889 BTC.
  • Atmos (ATMOS) traded 5% higher against the dollar and now trades at $0.0530 or 0.00000122 BTC.
  • NuShares (NSR) traded 54.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Global Currency Reserve (GCR) traded 2.7% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Rubycoin (RBY) traded 32.5% lower against the dollar and now trades at $0.67 or 0.00001450 BTC.

BlackCoin Coin Profile

BlackCoin is a proof-of-stake (PoS) coin that uses the Proof of Stake hashing algorithm. It launched on February 24th, 2014. BlackCoin’s total supply is 60,913,505 coins. BlackCoin’s official Twitter account is @CoinBlack and its Facebook page is accessible here. The Reddit community for BlackCoin is /r/blackcoin and the currency’s Github account can be viewed here. BlackCoin’s official website is blackcoin.org.

According to CryptoCompare, “BlackCoin has seen initial success due to its innovative features. The coin has incorporated bitcoin upgrades to reduce transaction risk. The coin initially uses proof of work as well as proof of stake, with the proof of work being dropped after the 10000th block. The advantages of Blackcoins proof of stake is that it has extremely fast transaction confirmation times at ten seconds – compared to bitcoins ten minutes plus. The other bonus is the low energy consumption without PoW mining. Interest is paid annually at a 1% rate – well below the present global average. “

Buying and Selling BlackCoin

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

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