Steem Price Tops $0.18 on Top Exchanges (STEEM)

Steem (STEEM) traded 2.9% higher against the U.S. dollar during the one day period ending at 21:00 PM E.T. on July 12th. One Steem coin can now be bought for $0.18 or 0.00000314 BTC on cryptocurrency exchanges. Steem has a total market cap of $84.76 million and $3.62 million worth of Steem was traded on exchanges in the last day. Over the last week, Steem has traded up 5.5% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded up 1.9% against the dollar and now trades at $57,874.03 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.8% against the dollar and now trades at $0.11 or 0.00000186 BTC.
• Bitcoin Cash (BCH) traded up 7.9% against the dollar and now trades at $372.58 or 0.00643805 BTC.
• UNUS SED LEO (LEO) traded 2.1% lower against the dollar and now trades at $5.71 or 0.00009859 BTC.
• Litecoin (LTC) traded up 3.1% against the dollar and now trades at $69.66 or 0.00120378 BTC.
• Ethereum Classic (ETC) traded up 4% against the dollar and now trades at $21.54 or 0.00037226 BTC.
• Monero (XMR) traded up 1.5% against the dollar and now trades at $160.32 or 0.00277034 BTC.
• Arweave (AR) traded down 0.4% against the dollar and now trades at $23.95 or 0.00041378 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 5.1% higher against the dollar and now trades at $39.57 or 0.00068383 BTC.

About Steem

Steem is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It launched on March 24th, 2016. Steem’s total supply is 466,360,378 coins. 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. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The official message board for Steem is steemit.com/@steemitblog.

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 possible to purchase alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to trade Steem should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView