DigiByte (CURRENCY:DGB) traded 0.3% higher against the US dollar during the 1 day period ending at 23:00 PM E.T. on November 29th. One DigiByte coin can currently be purchased for $0.0139 or 0.00000325 BTC on major exchanges including OKEx, Poloniex, BiteBTC and Huobi. DigiByte has a market capitalization of $154.86 million and approximately $1.60 million worth of DigiByte was traded on exchanges in the last 24 hours. In the last week, DigiByte has traded 18.5% higher against the US dollar.
Here is how other cryptocurrencies have performed in the last 24 hours:
- Primecoin (XPM) traded up 2.7% against the dollar and now trades at $0.24 or 0.00005609 BTC.
- Myriad (XMY) traded 3% higher against the dollar and now trades at $0.0019 or 0.00000045 BTC.
- Circuits of Value (COVAL) traded 1.8% higher against the dollar and now trades at $0.0020 or 0.00000047 BTC.
- Quark (QRK) traded 326.4% higher against the dollar and now trades at $0.0021 or 0.00000050 BTC.
- HunterCoin (HUC) traded up 6.9% against the dollar and now trades at $0.0182 or 0.00000424 BTC.
- Joincoin (J) traded down 6.9% against the dollar and now trades at $0.0216 or 0.00000504 BTC.
- BitQuark (BTQ) traded flat against the dollar and now trades at $0.0006 or 0.00000015 BTC.
DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 12th, 2014. DigiByte’s total supply is 11,118,287,248 coins. The official website for DigiByte is www.digibyte.io. The Reddit community for DigiByte is /r/Digibyte and the currency’s Github account can be viewed here. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here.
According to CryptoCompare, “Security: DigiByte uses five highly advanced cryptographic algorithms. Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster. Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine. Worldwide: DigiBytes are already stored, traded and transacted in over 89 countries. Decentralization: There is no need for a middleman or third party or central server. Re-Spend: Send DigiBytes you received to someone else in as little as three minutes. Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network. Scarcity: 21 Billion DigiBytes will be created in 21 years. 1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month. Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms. Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology. Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world. Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users. A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe. “
Buying and Selling DigiByte
DigiByte can be purchased on the following cryptocurrency exchanges: Bitbns, CoinExchange, Bittrex, OOOBTC, LiteBit.eu, YoBit, Huobi, Trade By Trade, Poloniex, Livecoin, cfinex, Bittylicious, Sistemkoin, Cryptopia, CryptoBridge, C-Patex, Cryptohub, Bit-Z, Kucoin, BiteBTC, HitBTC, Trade Satoshi, Graviex, Upbit, OKEx and Crex24. It is usually not currently possible to buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigiByte using one of the aforementioned exchanges.
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