Steem (STEEM) Reaches 24 Hour Trading Volume of $15.79 Million

Steem (STEEM) traded 3.8% higher against the US dollar during the one day period ending at 23:00 PM E.T. on September 17th. Steem has a market cap of $79.50 million and approximately $15.79 million worth of Steem was traded on exchanges in the last 24 hours. During the last week, Steem has traded up 0.5% against the US dollar. One Steem coin can currently be purchased for about $0.17 or 0.00000280 BTC on popular exchanges.

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

• Bitcoin (BTC) traded up 3.8% against the dollar and now trades at $60,258.93 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.2% higher against the dollar and now trades at $0.10 or 0.00000167 BTC.
• Bitcoin Cash (BCH) traded up 0.6% against the dollar and now trades at $314.64 or 0.00522139 BTC.
• UNUS SED LEO (LEO) traded up 2% against the dollar and now trades at $5.85 or 0.00009714 BTC.
• Litecoin (LTC) traded 2.4% higher against the dollar and now trades at $64.17 or 0.00106498 BTC.
• Monero (XMR) traded 2.2% higher against the dollar and now trades at $174.54 or 0.00289654 BTC.
• Ethereum Classic (ETC) traded up 0.6% against the dollar and now trades at $17.89 or 0.00029686 BTC.
• Arweave (AR) traded down 2.7% against the dollar and now trades at $18.46 or 0.00030633 BTC.
• Bitcoin SV (BSV) traded up 1.1% against the dollar and now trades at $46.83 or 0.00077711 BTC.
• Nervos Network (CKB) traded up 18.7% against the dollar and now trades at $0.0186 or 0.00000031 BTC.

About Steem

Steem is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It was first traded on March 24th, 2016. Steem’s total supply is 471,673,361 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 message board is steemit.com/@steemitblog. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. 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 presently possible to buy alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to acquire Steem should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView