Steem (STEEM) One Day Trading Volume Tops $1.08 Million

Steem (STEEM) traded down 5.1% against the US dollar during the 1-day period ending at 23:00 PM ET on June 29th. In the last seven days, Steem has traded down 5.4% against the US dollar. One Steem coin can currently be bought for approximately $0.19 or 0.00000312 BTC on cryptocurrency exchanges. Steem has a total market cap of $88.08 million and approximately $1.08 million worth of Steem was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded up 0.1% against the dollar and now trades at $60,760.76 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.5% against the dollar and now trades at $0.12 or 0.00000199 BTC.
• Bitcoin Cash (BCH) traded 1.9% lower against the dollar and now trades at $379.66 or 0.00624847 BTC.
• Litecoin (LTC) traded 1.8% higher against the dollar and now trades at $75.04 or 0.00123500 BTC.
• UNUS SED LEO (LEO) traded down 1.8% against the dollar and now trades at $5.83 or 0.00009600 BTC.
• Ethereum Classic (ETC) traded 3.9% lower against the dollar and now trades at $22.74 or 0.00037426 BTC.
• Monero (XMR) traded down 0.5% against the dollar and now trades at $165.78 or 0.00272841 BTC.
• Arweave (AR) traded 1.9% higher against the dollar and now trades at $27.55 or 0.00045340 BTC.
• Bitcoin SV (BSV) traded down 3% against the dollar and now trades at $43.33 or 0.00071315 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Steem Profile

Steem is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its genesis date was March 24th, 2016. Steem’s total supply is 465,334,156 coins. The official website for Steem is steem.com. The official message board for Steem is steemit.com/@steemitblog. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. 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.”

Buying and Selling Steem

It is usually not currently possible to buy alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to acquire Steem should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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