Siacoin (SC) Price Reaches $0.0074 on Top Exchanges

Siacoin (SC) traded up 0% against the dollar during the 1-day period ending at 14:00 PM E.T. on April 27th. Siacoin has a market cap of $423.90 million and $5.79 million worth of Siacoin was traded on exchanges in the last 24 hours. One Siacoin coin can currently be purchased for $0.0074 or 0.00000012 BTC on cryptocurrency exchanges. During the last seven days, Siacoin has traded 0.2% higher against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded down 1% against the dollar and now trades at $63,339.36 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.3% against the dollar and now trades at $0.15 or 0.00000234 BTC.
• Bitcoin Cash (BCH) traded 2.9% lower against the dollar and now trades at $476.48 or 0.00752265 BTC.
• Litecoin (LTC) traded 4.5% lower against the dollar and now trades at $83.93 or 0.00132512 BTC.
• UNUS SED LEO (LEO) traded up 1.1% against the dollar and now trades at $5.83 or 0.00009207 BTC.
• Ethereum Classic (ETC) traded down 0% against the dollar and now trades at $27.67 or 0.00043680 BTC.
• Arweave (AR) traded up 9% against the dollar and now trades at $33.92 or 0.00053550 BTC.
• Monero (XMR) traded down 1.1% against the dollar and now trades at $119.55 or 0.00188743 BTC.
• Bitcoin SV (BSV) traded 1.3% higher against the dollar and now trades at $67.31 or 0.00106269 BTC.
• eCash (XEC) traded 1.7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Siacoin

Siacoin (SC) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It launched on June 1st, 2015. Siacoin’s total supply is 57,052,035,000 coins and its circulating supply is 57,025,304,301 coins. The Reddit community for Siacoin is https://reddit.com/r/siacoin and the currency’s Github account can be viewed here. Siacoin’s official Twitter account is @sia__foundation and its Facebook page is accessible here. The official website for Siacoin is sia.tech.

According to CryptoCompare, “Siacoin (SC) is the native token of the Sia network, a decentralized storage platform facilitating global disk storage contributions to create a secure and private alternative to centralized cloud storage. Users can rent storage from hosts using Siacoin, with transactions managed by smart storage contracts on the Sia blockchain. These contracts ensure that hosts are paid only after securely storing a client’s file for a specified duration, incentivizing reliable storage. The concept for Sia and Siacoin was conceived by David Vorick and Luke Champine, founders of Skynet Labs, at an MIT hackathon in 2013. Skynet Labs, formerly Nebulous, continues to evolve the platform, aiming to build a decentralized internet through its application hosting and storage.”

Buying and Selling Siacoin

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

SC/USD price chart by TradingView