BlackCoin (CURRENCY:BLK) traded down 4.2% against the dollar during the 1-day period ending at 11:00 AM E.T. on March 14th. During the last seven days, BlackCoin has traded down 27.8% against the dollar. BlackCoin has a market cap of $21.10 million and approximately $246,750.00 worth of BlackCoin was traded on exchanges in the last day. One BlackCoin coin can currently be bought for about $0.28 or 0.00003164 BTC on popular exchanges including Poloniex, Bit-Z, Cryptopia and Bittrex.
Here is how other cryptocurrencies have performed during the last day:
- Qtum (QTUM) traded 3.9% lower against the dollar and now trades at $17.34 or 0.00199493 BTC.
- BitBay (BAY) traded down 6% against the dollar and now trades at $0.0535 or 0.00000615 BTC.
- Radium (RADS) traded 6.3% lower against the dollar and now trades at $4.53 or 0.00052136 BTC.
- Rubycoin (RBY) traded up 15.2% against the dollar and now trades at $0.61 or 0.00006988 BTC.
- Atmos (ATMS) traded down 4% against the dollar and now trades at $0.0684 or 0.00000787 BTC.
- Global Currency Reserve (GCR) traded 6.1% lower against the dollar and now trades at $0.0377 or 0.00000435 BTC.
- NuShares (NSR) traded 23.2% higher against the dollar and now trades at $0.0012 or 0.00000014 BTC.
- CybCSec (XCS) traded flat against the dollar and now trades at $0.0024 or 0.00000031 BTC.
According to CryptoCompare, “BlackCoin has seen initial success due to its innovative features. The coin has incorporated bitcoin upgrades to reduce transaction risk. The coin initially uses proof of work as well as proof of stake, with the proof of work being dropped after the 10000th block. The advantages of Blackcoins proof of stake is that it has extremely fast transaction confirmation times at ten seconds – compared to bitcoins ten minutes plus. The other bonus is the low energy consumption without PoW mining. Interest is paid annually at a 1% rate – well below the present global average. “
Buying and Selling BlackCoin
BlackCoin can be purchased on these cryptocurrency exchanges: Bit-Z, CoinExchange, Tux Exchange, Bittrex, Cryptopia, Poloniex, Bleutrade, Livecoin, AEX, Bittylicious, LiteBit.eu and CoinEgg. It is not presently possible to purchase BlackCoin directly using U.S. dollars. Investors seeking to trade BlackCoin must first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase BlackCoin using one of the aforementioned exchanges.
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