SpaceChain Price Tops $0.0243 on Exchanges (SPC)

SpaceChain (CURRENCY:SPC) traded down 5% against the dollar during the twenty-four hour period ending at 12:00 PM Eastern on September 27th. One SpaceChain coin can now be purchased for $0.0243 or 0.00000056 BTC on major exchanges. SpaceChain has a market capitalization of $7.48 million and $54,761.00 worth of SpaceChain was traded on exchanges in the last day. During the last seven days, SpaceChain has traded down 21.5% against the dollar.

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

  • Denarius (D) traded down 34% against the dollar and now trades at $0.23 or 0.00000527 BTC.
  • Limitless VIP (VIP) traded up 0.1% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Bulwark (BWK) traded 0% higher against the dollar and now trades at $0.0327 or 0.00000350 BTC.
  • Electra (ECA) traded 49.8% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Dcoin Token (DT) traded down 0.9% against the dollar and now trades at $0.0086 or 0.00000020 BTC.

SpaceChain Coin Profile

SpaceChain is a PoW/PoS coin that uses the NIST5 hashing algorithm. Its genesis date was September 19th, 2020. SpaceChain’s total supply is 392,326,701 coins and its circulating supply is 308,250,218 coins. The Reddit community for SpaceChain is https://reddit.com/r/spacechain. SpaceChain’s official Twitter account is @Space__Chain and its Facebook page is accessible here.

According to CryptoCompare, “Founded in 2017, SpaceChain is a community-based space platform that combines space and blockchain technologies to build an open-source blockchain-based satellite network, allowing users to develop and run decentralized applications in space. SpaceChain has adopted a dual token model – ERC-20 and QRC-20 — to expand their footprint and engage with additional communities of developers. The QRC-20 SPC token and ERC-20 SPC token will have a 1:1 swap exchange rate. The token supply that will be circulating will remain at 1,000,000,000 SPC. The QRC-20 SPC tokens and ERC-20 SPC tokens will remain interchangeable through authorized wallet services. This page refers to the ERC-20 version. After the swap, some exchanges such as CoinEgg, Coinnest and EXX started trade ERC-20 SPC tokens while others continued trading QRC-20 SPC tokens. ERC-20 SPC token is fully compatible with Ethereum Decentralised Finance (DeFi) products capable of automating enforceable agreements in a highly immutable, permissionless system facilitated by smart contracts. Existing ERC-20 SPC token (v1) holders can opt to upgrade their tokens on a one-to-one basis at any time with any volume, in a seamless and secure process managed by smart contracts on the Ethereum blockchain. The upgrade takes the SPC tokens (v1) and mints the exact same number of SPC tokens (v2). During the upgrade process, the tokens (v1) are either burnt or sent to the null address 0x0 to ensure permanent removal of the annulled tokens. Holders of QRC-20 SPC tokens can upgrade to the DeFi-compatible SPC token (v2) by filling in this form. SpaceChain (QRC-20) can be found here. “

Buying and Selling SpaceChain

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

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