Steem (STEEM) Tops 24-Hour Volume of $12.48 Million

Steem (STEEM) traded up 2.4% against the US dollar during the 1-day period ending at 18:00 PM Eastern on April 19th. Over the last seven days, Steem has traded 10.5% lower against the US dollar. Steem has a total market capitalization of $120.09 million and $12.48 million worth of Steem was traded on exchanges in the last day. One Steem coin can currently be bought for approximately $0.26 or 0.00000406 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 1.3% higher against the dollar and now trades at $64,356.24 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.8% higher against the dollar and now trades at $0.15 or 0.00000240 BTC.
• Bitcoin Cash (BCH) traded 0.1% lower against the dollar and now trades at $485.33 or 0.00754301 BTC.
• Litecoin (LTC) traded up 0.3% against the dollar and now trades at $81.45 or 0.00126594 BTC.
• UNUS SED LEO (LEO) traded down 1.5% against the dollar and now trades at $5.77 or 0.00008975 BTC.
• Ethereum Classic (ETC) traded up 0.6% against the dollar and now trades at $26.43 or 0.00041077 BTC.
• Monero (XMR) traded up 0.9% against the dollar and now trades at $118.37 or 0.00183968 BTC.
• Arweave (AR) traded 9.9% higher against the dollar and now trades at $27.81 or 0.00043229 BTC.
• Bitcoin SV (BSV) traded 1% lower against the dollar and now trades at $66.69 or 0.00103642 BTC.
• eCash (XEC) traded 0.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Steem Coin Profile

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its genesis date was March 24th, 2016. Steem’s total supply is 460,137,364 coins. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The official website for Steem is steem.com. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. Steem’s official message board is steemit.com/@steemitblog.

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.”

Buying and Selling Steem

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

STEEM/USD price chart by TradingView