Siacoin (SC) Price Hits $0.0101 on Top Exchanges

Siacoin (CURRENCY:SC) traded 1.2% higher against the dollar during the one day period ending at 16:00 PM ET on March 18th. One Siacoin coin can now be purchased for $0.0101 or 0.00000134 BTC on major cryptocurrency exchanges including Bisq, Upbit, BITHOLIC and HitBTC. During the last seven days, Siacoin has traded down 28.2% against the dollar. Siacoin has a total market cap of $333.98 million and $4.23 million worth of Siacoin was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

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  • Bitcoin (BTC) traded down 4.3% against the dollar and now trades at $7,555.53 or 1.00000000 BTC.
  • Ethereum (ETH) traded 10.5% lower against the dollar and now trades at $497.35 or 0.06604920 BTC.
  • Bitcoin Cash (BCH) traded down 8.7% against the dollar and now trades at $864.16 or 0.11476300 BTC.
  • Litecoin (LTC) traded down 6.2% against the dollar and now trades at $143.81 or 0.01909860 BTC.
  • Monero (XMR) traded 6.5% lower against the dollar and now trades at $183.94 or 0.02442820 BTC.
  • RaiBlocks (XRB) traded 32.3% higher against the dollar and now trades at $18.58 or 0.00186028 BTC.
  • Ethereum Classic (ETC) traded down 4.1% against the dollar and now trades at $15.66 or 0.00207938 BTC.
  • Bitcoin Gold (BTG) traded down 10.2% against the dollar and now trades at $54.31 or 0.00721245 BTC.
  • Nano (NANO) traded 14.3% lower against the dollar and now trades at $6.84 or 0.00090831 BTC.
  • Zcash (ZEC) traded down 5.3% against the dollar and now trades at $209.62 or 0.02783850 BTC.

About Siacoin

Siacoin is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It launched on June 6th, 2015. Siacoin’s total supply is 33,201,903,534 coins. Siacoin’s official Twitter account is @SiaTechHQ and its Facebook page is accessible here. The Reddit community for Siacoin is /r/Siacoin and the currency’s Github account can be viewed here. Siacoin’s official website is sia.tech.

According to CryptoCompare, “Sia is an actively developed decentralized storage platform. Users all over the world contribute disk storage from their┬ácomputers to form a decentralized network. Anybody with siacoins can rent storage from hosts on Sia. This is accomplish via “smart” storage contracts stored on the Sia blockchain. The smart contract provides a payment to the host only after the host has kept the file for a given amount of time. If the host loses the file, the host does not get paid. The distrubuted nature of the Sia network enables many optimizations in latency, throughput, reliability, and security. The decentralized nature of the Sia network enables anyone with storage to get paid, lowering the barrier to entry and reducing the overall price of cloud storage. The Sia cryptocurrency is live! You can rent storage using siacoins and hosts providing storage to the network receive compensation in the form of siacoins. The storage platform itself is still in beta, and only uploads that are 500mb or less in size are supported by the wallet. “

Buying and Selling Siacoin

Siacoin can be bought or sold on the following cryptocurrency exchanges: BITHOLIC, Poloniex, Abucoins, Bittrex, HitBTC, Bisq and Upbit. It is not currently possible to buy Siacoin directly using US dollars. Investors seeking to trade Siacoin must first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Siacoin using one of the aforementioned exchanges.

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