Crypto Academy Week 7 Homework Post for @besticofinder

Hello wonderful people, how are you today? I hope you're having a fantastic week. I'm ecstatic to be a part of this unforgettable lecture. In this article, I'll share my experience with two competitors cryptocurrency such as Steem vs Hive
which was instructed by professor @besticofinder

besticofinder.jpg

so I am comparing two coins which are

  1. Steem (Rank #154)
  2. Hive ( Rank # 182)

so Let's start with Steem.

Steem.

The cryptocurrency market is booming in popularity in recent years, hitting a market valuation of $365 billion. Many cryptocurrencies developed rapidly as the market expanded, and Steem is one of them.

Steemit coin is indeed the cryptocurrency of Steemit, a blockchain-based social networking network created by Dan Larimer (CEO of BitShares) in 2014. Steemit, unlike every other social media network, is built on the blockchain, allowing it to function in a decentralized fashion.

Steem Team.

Ned Scott and Daniel Larimer formed Steem. They've been outside the open on social media, sharing their ideas. With their innovative concept, the creators were likely to entice talented developers, and now have a production team of five members.

Buying and Storage of Steem

Bittrex, Poloniex, Livecoin, Blocktrades, and OpenLedger DEX are all places where you can buy Steem. You will try to receive Steem instead of purchasing it by posting quality content and actively interacting with other people's posts on the Steemit site.
Steam is a liquid cryptocurrency. At any moment, you can be transferred to anybody. This means that if anyone gained access to your Steemit account (via your Active Key), they might actually steal your Steem.

Steem Value.

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Steem Market cap.

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Steem Price Statistics.

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Hive.

The Hive Coin project is a blockchain-based system that aims to provide users with fast and low-cost liquidity. The company's business focuses on factoring, which is when a company buys unpaid receivables and then handles the money acquisition.

Hive Team.

HIVE is a joint venture between Genesis Mining and Fiore Group aimed at stimulating the growth of the crypto market across the conventional financial sector and becoming the world's first publicly traded cryptocurrency network business.

Genesis Mining, which was established in Hong Kong by early Bitcoin shareholders and mining founders, is the world's largest cryptocurrency miner and cloud miner, with over a million customers.

buying and storage of hive.

Binance, Huobi Global, HBTC, Upbit, and Bithumb are currently the top exchanges for trading Hive.
likewise, steem hive can be earned as posting in hive blockchain and same as stem can be stored in its own website wallet so it can be transferred and can be exchanged with bitcoin and etherium as well

hive value

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Hive Market

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Cap.

Hive Price statistics.

hivemarketstatistics.JPG

Conclusion.

In my opinion, Steem would be a better option and a better performer because It can also be used to power the Steemit social media site. On this blockchain-based network that rewards users for their contributions, authors and curators play a key role. Steem appears to be a very durable coin, suggesting that it may be a decent long-term purchase.

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Special Mentions to,
@steemcurator01
@steemcurator02
@besticofinder

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#cryptoacademy #trading #begginers #introduction #besticofinder-week7 #investing

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