Decred Trading 0.6% Higher Over Last 7 Days (DCR)

Decred (DCR) traded 1.2% higher against the dollar during the 24 hour period ending at 13:00 PM Eastern on September 10th. One Decred coin can now be bought for $11.94 or 0.00020991 BTC on major exchanges. Decred has a total market capitalization of $194.78 million and approximately $1.69 million worth of Decred was traded on exchanges in the last day. Over the last seven days, Decred has traded 0.6% higher against the dollar.

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

• Compound (COMP) traded down 0.5% against the dollar and now trades at $42.46 or 0.00074623 BTC.
• Bitcoiva (BCA) traded 5.2% higher against the dollar and now trades at $4.06 or 0.00007143 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001764 BTC.
• Bitcoin Diamond (BCD) traded down 5.5% against the dollar and now trades at $0.0672 or 0.00000118 BTC.
• WhiteCoin (XWC) traded up 101.2% against the dollar and now trades at $0.0111 or 0.00000020 BTC.
• Navcoin (NAV) traded 3.1% lower against the dollar and now trades at $0.0358 or 0.00000063 BTC.
• Memetic (MEME) traded 2.1% higher against the dollar and now trades at $0.0097 or 0.00000017 BTC.
• ReddCoin (RDD) traded down 14.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded up 15.9% against the dollar and now trades at $22,733.46 or 0.39957642 BTC.
• Aion (AION) traded down 1.8% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Decred Profile

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its launch date was February 8th, 2016. Decred’s total supply is 16,310,229 coins. Decred’s official website is decred.org. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. The official message board for Decred is medium.com/decred. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here.

According to CryptoCompare, “Decred (DCR) is a hybrid PoW/PoS blockchain-based cryptocurrency, designed to ensure community involvement, open governance, and sustainable development funding. Stakeholders, or DCR holders, play a pivotal role in determining consensus rules, the blockchain’s evolution, and treasury funds allocation. Block rewards in Decred are split between PoW miners (10%), stakeholders (80%), and the Decred Treasury (10%). Stakeholders can stake their DCR for voting tickets, which grants them the power to vote on rule change proposals and approve PoW miners’ work. The Decred Treasury’s usage is decided via Politeia proposals and voting by live ticket holders. Launched in 2016 by co-founders including Alex and Jake Yocom-Piatt, Decred aims to create a truly decentralized cryptocurrency governed actively by its community.”

Decred Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to trade Decred should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView