Steem (STEEM) Price Tops $0.28 on Exchanges

Steem (STEEM) traded down 1.3% against the U.S. dollar during the 1-day period ending at 23:00 PM E.T. on April 30th. During the last week, Steem has traded 13.8% lower against the U.S. dollar. One Steem coin can now be bought for approximately $0.28 or 0.00000471 BTC on popular cryptocurrency exchanges. Steem has a total market capitalization of $130.38 million and approximately $139.13 million worth of Steem was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 5.6% lower against the dollar and now trades at $60,080.87 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 8% lower against the dollar and now trades at $0.13 or 0.00000219 BTC.
• Bitcoin Cash (BCH) traded 7.1% lower against the dollar and now trades at $429.05 or 0.00714120 BTC.
• Litecoin (LTC) traded down 4.8% against the dollar and now trades at $79.34 or 0.00132048 BTC.
• UNUS SED LEO (LEO) traded 0% higher against the dollar and now trades at $5.85 or 0.00009730 BTC.
• Ethereum Classic (ETC) traded down 8.1% against the dollar and now trades at $25.26 or 0.00042047 BTC.
• Monero (XMR) traded 5.5% lower against the dollar and now trades at $120.61 or 0.00200745 BTC.
• Arweave (AR) traded down 16.3% against the dollar and now trades at $29.96 or 0.00049866 BTC.
• Bitcoin SV (BSV) traded 8.3% lower against the dollar and now trades at $59.81 or 0.00099557 BTC.
• eCash (XEC) traded 7.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Steem

Steem (CRYPTO: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 460,918,165 coins. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. Steem’s official message board is steemit.com/@steemitblog. The official website for Steem 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 purchase alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to acquire Steem should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem using one of the aforementioned exchanges.

STEEM/USD price chart by TradingView