Dero Hits 24 Hour Volume of $9,988.88 (DERO)

Dero (DERO) traded 6.1% higher against the U.S. dollar during the 24-hour period ending at 0:00 AM E.T. on September 2nd. During the last week, Dero has traded 1.4% higher against the U.S. dollar. Dero has a total market capitalization of $17.85 million and approximately $9,988.88 worth of Dero was traded on exchanges in the last day. One Dero coin can currently be purchased for $1.25 or 0.00002110 BTC on major exchanges.

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

• Bitcoin (BTC) traded up 2.9% against the dollar and now trades at $59,119.25 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.3% higher against the dollar and now trades at $0.0993 or 0.00000168 BTC.
• Bitcoin Cash (BCH) traded up 2.7% against the dollar and now trades at $322.04 or 0.00544733 BTC.
• UNUS SED LEO (LEO) traded up 1.3% against the dollar and now trades at $5.91 or 0.00010004 BTC.
• Litecoin (LTC) traded 4.2% higher against the dollar and now trades at $65.80 or 0.00111295 BTC.
• Monero (XMR) traded up 1.2% against the dollar and now trades at $171.72 or 0.00290457 BTC.
• Ethereum Classic (ETC) traded up 3.4% against the dollar and now trades at $18.20 or 0.00030781 BTC.
• Arweave (AR) traded 6.9% higher against the dollar and now trades at $22.06 or 0.00037316 BTC.
• Bitcoin SV (BSV) traded 9.7% higher against the dollar and now trades at $44.13 or 0.00074639 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Dero

Dero (CRYPTO:DERO) is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. It was first traded on June 27th, 2018. Dero’s total supply is 18,400,000 coins and its circulating supply is 14,312,916 coins. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here. Dero’s official message board is forum.dero.io. The Reddit community for Dero is https://reddit.com/r/deroproject and the currency’s Github account can be viewed here. The official website for Dero is dero.io.

According to CryptoCompare, “Dero is a crypto project to combine a proof-of-work blockchain with a DAG block structure and wholly anonymous transactions. It aims to be a revolutionary improvement from existing privacy coins like Monero (XMR) or Z-Cash (ZEC). Dero intends to do that by combining the best of both consensus mechanisms.

Its implementation builds out a main chain from the DAG network of blocks, which refers to main blocks and side blocks. Side blocks contribute to chain proof-of-work security, making traditional 51% attacks impossible. In contrast to traditional blockchains, Dero considers the transaction as the smallest unit of computation, not the block. Therefore, blocks on Dero can contain duplicate or double-spend transactions, but these are filtered by the client protocol and ignored by the network.

Dero aims to manage combining the security and decentralization of a proof-of-work blockchain with the scalability and transaction speed of DAG technology. Dero’s goal is a blockchain network that can serve businesses and individuals worldwide and support secure, fast, and anonymous transactions and smart contract execution.”

Dero Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Dero directly using U.S. dollars. Investors seeking to acquire Dero should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Dero using one of the exchanges listed above.

DERO/USD price chart by TradingView