Steem One Day Volume Reaches $12.24 Million (STEEM)

Steem (STEEM) traded 1.9% higher against the U.S. dollar during the twenty-four hour period ending at 8:00 AM E.T. on September 6th. Steem has a total market capitalization of $75.49 million and approximately $12.24 million worth of Steem was traded on exchanges in the last 24 hours. During the last seven days, Steem has traded 2.4% lower against the U.S. dollar. One Steem coin can now be purchased for $0.16 or 0.00000282 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 0.5% higher against the dollar and now trades at $56,785.37 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.2% against the dollar and now trades at $0.0977 or 0.00000172 BTC.
• Bitcoin Cash (BCH) traded 1.1% higher against the dollar and now trades at $312.36 or 0.00550070 BTC.
• UNUS SED LEO (LEO) traded down 1.5% against the dollar and now trades at $5.56 or 0.00009792 BTC.
• Litecoin (LTC) traded 0.8% higher against the dollar and now trades at $65.88 or 0.00116012 BTC.
• Monero (XMR) traded down 1.5% against the dollar and now trades at $171.62 or 0.00302230 BTC.
• Ethereum Classic (ETC) traded 0.6% higher against the dollar and now trades at $17.83 or 0.00031403 BTC.
• Arweave (AR) traded up 2.6% against the dollar and now trades at $21.78 or 0.00038360 BTC.
• Bitcoin SV (BSV) traded 0.5% higher against the dollar and now trades at $46.50 or 0.00081882 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Steem Coin Profile

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It was first traded on March 24th, 2016. Steem’s total supply is 470,752,112 coins. 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. Steem’s official message board is steemit.com/@steemitblog. The official website for Steem is steem.com.

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 presently possible to purchase alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to trade Steem should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly 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