Steem 24-Hour Trading Volume Tops $17.98 Million (STEEM)

Steem (STEEM) traded 4.6% lower against the dollar during the one day period ending at 9:00 AM ET on July 30th. Over the last week, Steem has traded 0.7% lower against the dollar. Steem has a market capitalization of $92.56 million and $17.98 million worth of Steem was traded on exchanges in the last day. One Steem coin can currently be bought for $0.20 or 0.00000297 BTC on major exchanges.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 4.3% against the dollar and now trades at $66,628.58 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.4% lower against the dollar and now trades at $0.13 or 0.00000193 BTC.
• Bitcoin Cash (BCH) traded 4.4% lower against the dollar and now trades at $436.21 or 0.00654694 BTC.
• Litecoin (LTC) traded down 3.5% against the dollar and now trades at $73.51 or 0.00110329 BTC.
• UNUS SED LEO (LEO) traded down 3.3% against the dollar and now trades at $5.67 or 0.00008511 BTC.
• Ethereum Classic (ETC) traded down 1.9% against the dollar and now trades at $22.87 or 0.00034318 BTC.
• Monero (XMR) traded down 2% against the dollar and now trades at $161.26 or 0.00242024 BTC.
• Arweave (AR) traded 6.6% lower against the dollar and now trades at $30.46 or 0.00045715 BTC.
• Bitcoin SV (BSV) traded down 1.3% against the dollar and now trades at $52.62 or 0.00078973 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Steem

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 467,741,501 coins. Steem’s official website is steem.com. The official message board for Steem is steemit.com/@steemitblog. 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.

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 purchase alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to trade Steem should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView