Syscoin Hits 24 Hour Trading Volume of $5.87 Million (SYS)

Syscoin (SYS) traded 2.9% higher against the dollar during the 1 day period ending at 7:00 AM Eastern on March 28th. One Syscoin coin can now be bought for about $0.28 or 0.00000396 BTC on exchanges. Syscoin has a market capitalization of $218.86 million and $5.87 million worth of Syscoin was traded on exchanges in the last day. During the last week, Syscoin has traded up 9.1% against the dollar.

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

  • Bitcoin (BTC) traded 0.4% higher against the dollar and now trades at $70,523.09 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 15.4% higher against the dollar and now trades at $571.99 or 0.00811086 BTC.
  • Arweave (AR) traded 2.3% higher against the dollar and now trades at $43.04 or 0.00061025 BTC.
  • Bitcoin SV (BSV) traded 6.4% higher against the dollar and now trades at $93.59 or 0.00132715 BTC.
  • eCash (XEC) traded up 2.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Syscoin

Syscoin is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 16th, 2014. Syscoin’s total supply is 783,287,645 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The official message board for Syscoin is syscoin.org/news. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. Syscoin’s official website is syscoin.org.

According to CryptoCompare, “Syscoin (SYS) is a blockchain protocol founded in 2014 by Sebastian Schepis, designed to merge the security of Bitcoin with the functionality of Ethereum into a single, scalable platform. It supports the creation of decentralized applications and custom tokens, leveraging a dual-chain architecture that includes the Ethereum-compatible NEVM and a Bitcoin-based Syscoin UTXO blockchain. Syscoin aims to offer fast, secure, and low-cost transactions, with features like optimistic and ZK rollups for enhanced scalability. Led by the non-profit Syscoin Foundation, with development spearheaded by SYS Labs, the ecosystem fosters innovation in decentralized finance (DeFi) and NFT marketplaces. Syscoin’s unique blend of Bitcoin’s and Ethereum’s strengths positions it as a versatile and efficient blockchain for a wide range of applications.”

Syscoin Coin Trading

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

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