Steem Price Tops $0.28 on Major Exchanges (STEEM)

Steem (STEEM) traded 1.6% lower against the US dollar during the 1 day period ending at 22:00 PM ET on April 28th. Steem has a market capitalization of $128.89 million and approximately $4.47 million worth of Steem was traded on exchanges in the last day. One Steem coin can now be purchased for approximately $0.28 or 0.00000443 BTC on exchanges. In the last seven days, Steem has traded 2.5% higher against the US dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 1% against the dollar and now trades at $62,970.34 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.2% against the dollar and now trades at $0.15 or 0.00000233 BTC.
• Bitcoin Cash (BCH) traded 1.7% lower against the dollar and now trades at $471.02 or 0.00746664 BTC.
• Litecoin (LTC) traded 0.9% higher against the dollar and now trades at $85.23 or 0.00135111 BTC.
• UNUS SED LEO (LEO) traded 1.1% lower against the dollar and now trades at $5.75 or 0.00009113 BTC.
• Ethereum Classic (ETC) traded up 0.7% against the dollar and now trades at $28.19 or 0.00044683 BTC.
• Arweave (AR) traded 7% higher against the dollar and now trades at $36.43 or 0.00057751 BTC.
• Monero (XMR) traded up 3.2% against the dollar and now trades at $126.80 or 0.00200997 BTC.
• Bitcoin SV (BSV) traded 1.6% lower against the dollar and now trades at $66.10 or 0.00104787 BTC.
• eCash (XEC) traded down 3.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Steem Profile

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It launched on March 24th, 2016. Steem’s total supply is 460,783,612 coins. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. The official message board for Steem is steemit.com/@steemitblog. Steem’s official website is steem.com. Steem’s official Twitter account is @steemit and its Facebook page is accessible here.

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.”

Steem Coin Trading

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

STEEM/USD price chart by TradingView