Steem Price Tops $0.30 on Major Exchanges (STEEM)

Steem (STEEM) traded 1.2% higher against the dollar during the 1-day period ending at 9:00 AM ET on December 8th. During the last week, Steem has traded up 11.6% against the dollar. Steem has a total market cap of $144.72 million and $38.85 million worth of Steem was traded on exchanges in the last 24 hours. One Steem coin can currently be bought for $0.30 or 0.00000302 BTC on major exchanges.

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

• Bitcoin (BTC) traded 0.7% higher against the dollar and now trades at $100,207.83 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.5% higher against the dollar and now trades at $0.46 or 0.00000461 BTC.
• Bitcoin Cash (BCH) traded up 0.8% against the dollar and now trades at $619.40 or 0.00618116 BTC.
• Litecoin (LTC) traded 1.6% lower against the dollar and now trades at $134.19 or 0.00133909 BTC.
• UNUS SED LEO (LEO) traded down 1.3% against the dollar and now trades at $9.23 or 0.00009211 BTC.
• Ethereum Classic (ETC) traded 1.3% lower against the dollar and now trades at $36.88 or 0.00036806 BTC.
• Monero (XMR) traded down 0.7% against the dollar and now trades at $200.96 or 0.00200545 BTC.
• Arweave (AR) traded down 4.8% against the dollar and now trades at $26.65 or 0.00026593 BTC.
• IOTA (MIOTA) traded down 2.1% against the dollar and now trades at $0.47 or 0.00000470 BTC.
• Bitcoin SV (BSV) traded down 0.7% against the dollar and now trades at $79.14 or 0.00078980 BTC.

About Steem

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its launch date was March 24th, 2016. Steem’s total supply is 478,070,639 coins. The official message board for Steem 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. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed 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 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 Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem using one of the aforementioned exchanges.

STEEM/USD price chart by TradingView