Steem Price Reaches $0.20 (STEEM)

Steem (STEEM) traded 0.6% lower against the dollar during the one day period ending at 18:00 PM ET on July 1st. Over the last week, Steem has traded 1.9% higher against the dollar. Steem has a market capitalization of $91.67 million and $1.50 million worth of Steem was traded on exchanges in the last day. One Steem coin can currently be bought for $0.20 or 0.00000312 BTC on major exchanges.

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

• Bitcoin (BTC) traded up 0.4% against the dollar and now trades at $63,048.55 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.2% higher against the dollar and now trades at $0.12 or 0.00000197 BTC.
• Bitcoin Cash (BCH) traded 0.4% lower against the dollar and now trades at $387.88 or 0.00615213 BTC.
• Litecoin (LTC) traded down 0.7% against the dollar and now trades at $74.40 or 0.00118001 BTC.
• UNUS SED LEO (LEO) traded down 0.2% against the dollar and now trades at $5.83 or 0.00009243 BTC.
• Ethereum Classic (ETC) traded down 0.5% against the dollar and now trades at $23.38 or 0.00037085 BTC.
• Monero (XMR) traded up 0.4% against the dollar and now trades at $168.03 or 0.00266502 BTC.
• Arweave (AR) traded 5.8% higher against the dollar and now trades at $28.78 or 0.00045649 BTC.
• Bitcoin SV (BSV) traded up 0.9% against the dollar and now trades at $44.63 or 0.00070780 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Steem

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 465,476,363 coins. Steem’s official website is steem.com. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The official message board for Steem is steemit.com/@steemitblog. 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 trade Steem should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView