Steem Tops 24 Hour Volume of $18.34 Million (STEEM)

Steem (STEEM) traded 0.3% higher against the U.S. dollar during the twenty-four hour period ending at 0:00 AM Eastern on September 27th. One Steem coin can currently be purchased for about $0.20 or 0.00000304 BTC on cryptocurrency exchanges. Over the last week, Steem has traded 3.1% higher against the U.S. dollar. Steem has a total market capitalization of $94.81 million and $18.34 million worth of Steem was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $66,080.24 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 6.4% against the dollar and now trades at $0.13 or 0.00000191 BTC.
• Bitcoin Cash (BCH) traded 0.3% lower against the dollar and now trades at $358.96 or 0.00543307 BTC.
• UNUS SED LEO (LEO) traded up 0.9% against the dollar and now trades at $5.88 or 0.00008893 BTC.
• Litecoin (LTC) traded up 3.5% against the dollar and now trades at $71.35 or 0.00107995 BTC.
• Ethereum Classic (ETC) traded 1% higher against the dollar and now trades at $20.82 or 0.00031518 BTC.
• Monero (XMR) traded 1.4% higher against the dollar and now trades at $164.83 or 0.00249477 BTC.
• Arweave (AR) traded up 0.6% against the dollar and now trades at $23.71 or 0.00035881 BTC.
• Bitcoin SV (BSV) traded down 0.2% against the dollar and now trades at $53.03 or 0.00080256 BTC.
• Conflux (CFX) traded 3% higher against the dollar and now trades at $0.19 or 0.00000285 BTC.

Steem Profile

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 472,469,769 coins. Steem’s official website is steem.com. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. Steem’s official message board is steemit.com/@steemitblog.

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 US dollars. Investors seeking to trade Steem should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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