Steem (STEEM) Trading 4.1% Higher This Week

Steem (STEEM) traded up 10.3% against the U.S. dollar during the 24-hour period ending at 11:00 AM E.T. on April 20th. Steem has a market cap of $133.38 million and approximately $15.13 million worth of Steem was traded on exchanges in the last day. In the last seven days, Steem has traded up 4.1% against the U.S. dollar. One Steem coin can now be purchased for $0.29 or 0.00000454 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded down 1.1% against the dollar and now trades at $63,878.62 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.4% against the dollar and now trades at $0.15 or 0.00000240 BTC.
• Bitcoin Cash (BCH) traded 2.2% higher against the dollar and now trades at $486.80 or 0.00762068 BTC.
• Litecoin (LTC) traded up 1.7% against the dollar and now trades at $82.57 or 0.00129258 BTC.
• UNUS SED LEO (LEO) traded 1% lower against the dollar and now trades at $5.76 or 0.00009023 BTC.
• Ethereum Classic (ETC) traded up 1.4% against the dollar and now trades at $26.47 or 0.00041442 BTC.
• Monero (XMR) traded down 1.5% against the dollar and now trades at $117.44 or 0.00183852 BTC.
• Arweave (AR) traded up 11.8% against the dollar and now trades at $30.54 or 0.00047810 BTC.
• Bitcoin SV (BSV) traded 1.2% higher against the dollar and now trades at $67.12 or 0.00105082 BTC.
• eCash (XEC) traded up 0.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Steem Coin Profile

STEEM is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its genesis date was March 24th, 2016. Steem’s total supply is 460,196,873 coins. 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. The official message board for Steem is steemit.com/@steemitblog. Steem’s official website is steem.com.

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 currently possible to buy alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to acquire Steem should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly 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

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