Decred One Day Volume Reaches $1.66 Million (DCR)

Decred (DCR) traded 2% lower against the U.S. dollar during the 24 hour period ending at 19:00 PM E.T. on April 28th. Decred has a market cap of $329.35 million and $1.66 million worth of Decred was traded on exchanges in the last 24 hours. During the last week, Decred has traded 8.1% lower against the U.S. dollar. One Decred coin can currently be bought for $20.56 or 0.00032640 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Compound (COMP) traded 1.7% lower against the dollar and now trades at $55.97 or 0.00088864 BTC.
  • Bitcoiva (BCA) traded down 1.9% against the dollar and now trades at $8.24 or 0.00013077 BTC.
  • Safe (SAFE) traded 5.3% higher against the dollar and now trades at $2.58 or 0.00004095 BTC.
  • EverGrow Coin (EGC) traded up 0.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Bitcoin Diamond (BCD) traded up 0.5% against the dollar and now trades at $0.11 or 0.00000174 BTC.
  • dForce USD (USX) traded 0.5% lower against the dollar and now trades at $0.98 or 0.00001556 BTC.
  • WhiteCoin (XWC) traded up 2.4% against the dollar and now trades at $0.0048 or 0.00000008 BTC.
  • ReddCoin (RDD) traded 6.2% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Navcoin (NAV) traded 0.1% lower against the dollar and now trades at $0.0656 or 0.00000104 BTC.
  • Aion (AION) traded 0.6% higher against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Decred Profile

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,021,917 coins. Decred’s official message board is medium.com/decred. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. Decred’s official website is decred.org.

According to CryptoCompare, “Decred (DCR) is a hybrid PoW/PoS blockchain-based cryptocurrency, designed to ensure community involvement, open governance, and sustainable development funding. Stakeholders, or DCR holders, play a pivotal role in determining consensus rules, the blockchain’s evolution, and treasury funds allocation. Block rewards in Decred are split between PoW miners (10%), stakeholders (80%), and the Decred Treasury (10%). Stakeholders can stake their DCR for voting tickets, which grants them the power to vote on rule change proposals and approve PoW miners’ work. The Decred Treasury’s usage is decided via Politeia proposals and voting by live ticket holders. Launched in 2016 by co-founders including Alex and Jake Yocom-Piatt, Decred aims to create a truly decentralized cryptocurrency governed actively by its community.”

Decred Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Decred using one of the aforementioned exchanges.

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