Syscoin Price Hits $0.0671 on Top Exchanges (SYS)

Syscoin (SYS) traded 5.6% lower against the dollar during the one day period ending at 21:00 PM ET on February 18th. One Syscoin coin can currently be bought for $0.0671 or 0.00000070 BTC on major exchanges. Over the last week, Syscoin has traded 4% lower against the dollar. Syscoin has a market capitalization of $54.02 million and $2.12 million worth of Syscoin was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded down 0.9% against the dollar and now trades at $95,439.33 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.2% lower against the dollar and now trades at $314.26 or 0.00329316 BTC.
• Bitcoin SV (BSV) traded 6.5% lower against the dollar and now trades at $37.16 or 0.00038938 BTC.
• Arweave (AR) traded down 7% against the dollar and now trades at $8.54 or 0.00008953 BTC.
• eCash (XEC) traded down 6.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Syscoin

Syscoin is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 16th, 2014. Syscoin’s total supply is 805,202,128 coins. The official website for Syscoin is syscoin.org. Syscoin’s official message board is syscoin.org/news. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here.

According to CryptoCompare, “Syscoin (SYS) is a blockchain protocol founded in 2014 by Sebastian Schepis, designed to merge the security of Bitcoin with the functionality of Ethereum into a single, scalable platform. It supports the creation of decentralized applications and custom tokens, leveraging a dual-chain architecture that includes the Ethereum-compatible NEVM and a Bitcoin-based Syscoin UTXO blockchain. Syscoin aims to offer fast, secure, and low-cost transactions, with features like optimistic and ZK rollups for enhanced scalability. Led by the non-profit Syscoin Foundation, with development spearheaded by SYS Labs, the ecosystem fosters innovation in decentralized finance (DeFi) and NFT marketplaces. Syscoin’s unique blend of Bitcoin’s and Ethereum’s strengths positions it as a versatile and efficient blockchain for a wide range of applications.”

Buying and Selling Syscoin

It is usually not currently possible to purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to acquire Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView