Obsidian Tops 24-Hour Trading Volume of $11,825.00 (ODN)

Obsidian (CURRENCY:ODN) traded down 8.8% against the U.S. dollar during the twenty-four hour period ending at 17:00 PM E.T. on March 12th. During the last week, Obsidian has traded 14.6% lower against the U.S. dollar. One Obsidian coin can now be bought for approximately $0.15 or 0.00001659 BTC on popular cryptocurrency exchanges including HitBTC, C-CEX and Cryptopia. Obsidian has a market cap of $3.74 million and $11,825.00 worth of Obsidian was traded on exchanges in the last day.

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

  • Cardano (ADA) traded 1.3% higher against the dollar and now trades at $0.23 or 0.00002532 BTC.
  • OmiseGO (OMG) traded down 7.4% against the dollar and now trades at $13.63 or 0.00151634 BTC.
  • Qtum (QTUM) traded down 7.6% against the dollar and now trades at $18.23 or 0.00202785 BTC.
  • BitShares (BTS) traded down 5.6% against the dollar and now trades at $0.16 or 0.00001780 BTC.
  • Ardor (ARDR) traded down 2.1% against the dollar and now trades at $0.29 or 0.00003221 BTC.
  • Particl (PART) traded 13.9% lower against the dollar and now trades at $18.92 or 0.00210465 BTC.
  • Raiden Network Token (RDN) traded 10.3% lower against the dollar and now trades at $1.92 or 0.00021387 BTC.
  • ION (ION) traded 7.6% lower against the dollar and now trades at $3.02 or 0.00033585 BTC.
  • BitBay (BAY) traded down 7.3% against the dollar and now trades at $0.0548 or 0.00000610 BTC.
  • Quantum Resistant Ledger (QRL) traded 7.6% lower against the dollar and now trades at $1.02 or 0.00011332 BTC.

Obsidian Coin Profile

Obsidian (ODN) is a proof-of-stake (PoS) coin that uses the SHA-512 hashing algorithm. Its genesis date was August 24th, 2017. Obsidian’s total supply is 94,285,526 coins and its circulating supply is 25,000,000 coins. Obsidian’s official Twitter account is @ObsidianCrypto. Obsidian’s official website is obsidianplatform.com. The Reddit community for Obsidian is /r/ObsidianProject and the currency’s Github account can be viewed here.

According to CryptoCompare, “Obsidian is a PoS cryptocurrency for popular use. It uses the more energy efficient SHA-512 hash algorithm to optimize for use on mobile devices and improved quantum computing resilience. ODN uses the proof-of-stake consensus strategy and pays a block reward of 20 ODN, which is equivalent to an interest rate of about 10%. In addition, Obsidian is the currency that powers to future Obsidian Secure Anonymous Messenger economy. The Obsidian Secure Anonymous Messenger allows for sending end-to-end encrypted messages, media, and files and is optimized for anonymity of communication and metadata protection/avoidance and does not require any user accounts, phone number or personal email address which could identify its users. The message transport will be accomplished by a decentralized network of special messaging masternodes that can be run by anyone by simply installing the respective software. Running messaging masternodes will be rewarded in Obsidian currency, so that messenger users and messenger masternode hosters form an economy which is independent from any company or country and maintained only by the open source community. Obsidian has an active Slack community in English with channels in русский and 中文, which welcomes traders, entrepreneurs, developers and everyone interested in science and innovation to share knowledge and learn. According to the White Paper, the current circulating supply is 24.4M. “

Buying and Selling Obsidian

Obsidian can be bought or sold on the following cryptocurrency exchanges: C-CEX, Cryptopia and HitBTC. It is not presently possible to purchase Obsidian directly using US dollars. Investors seeking to acquire Obsidian must first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Obsidian using one of the exchanges listed above.

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