Dero Hits 1-Day Trading Volume of $8,199.29 (DERO)

Dero (DERO) traded up 6.1% against the dollar during the twenty-four hour period ending at 8:00 AM Eastern on March 22nd. One Dero coin can now be bought for approximately $0.30 or 0.00000352 BTC on popular cryptocurrency exchanges. Dero has a market capitalization of $4.24 million and $8,199.29 worth of Dero was traded on exchanges in the last 24 hours. During the last week, Dero has traded 0.1% lower against the dollar.

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

• Arweave (AR) traded 6% higher against the dollar and now trades at $7.01 or 0.00008316 BTC.
• Bitcoin (BTC) traded 0.9% higher against the dollar and now trades at $84,266.83 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.6% higher against the dollar and now trades at $0.17 or 0.00000200 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $9.75 or 0.00011566 BTC.
• Litecoin (LTC) traded 2.2% lower against the dollar and now trades at $91.43 or 0.00108503 BTC.
• Bitcoin Cash (BCH) traded down 3.2% against the dollar and now trades at $324.35 or 0.00384908 BTC.
• Monero (XMR) traded 2.3% higher against the dollar and now trades at $214.68 or 0.00254764 BTC.
• Ethereum Classic (ETC) traded up 0.6% against the dollar and now trades at $17.83 or 0.00021163 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded up 0.2% against the dollar and now trades at $34.04 or 0.00040399 BTC.

Dero Coin Profile

Dero is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. Its genesis date was June 27th, 2018. Dero’s total supply is 18,400,000 coins and its circulating supply is 14,312,916 coins. The official website for Dero is dero.io. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here. The official message board for Dero 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.

According to CryptoCompare, “Dero is the first crypto project to combine a Proof of Work blockchain with a DAG block structure and wholly anonymous transactions. The fully distributed ledger processes transactions with a twelve-second average block time and is secure against majority hashrate attacks. Dero will be the first CryptoNote blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains.”

Buying and Selling Dero

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

DERO/USD price chart by TradingView