steem dollar

in #steem6 years ago

Steem (CURRENCY:STEEM) exchanged 2.9% lower against the US dollar amid the 1 day time span finishing at 6:00 AM Eastern on April first. One Steem coin can right now be purchased for around $2.62 or 0.00032282 BTC on trades including OpenLedger DEX, Poloniex, Upbit and Bittrex. Steem has a market top of $665.76 million and $8.70 million worth of Steem was exchanged on trades over the most recent 24 hours. In the course of the most recent seven days, Steem has exchanged up 39.3% against the US dollar.

Here's the means by which related digital forms of money have performed throughout the most recent 24 hours:

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Bitcoin (BTC) exchanged 1.1% lower against the dollar and now exchanges at $8,099.01 or 1.00000000 BTC.

Bitcoin Cash (BCH) exchanged 0.8% higher against the dollar and now exchanges at $770.34 or 0.09504580 BTC.

Counterparty (XCP) exchanged 0.7% higher against the dollar and now exchanges at $15.40 or 0.00189995 BTC.

Unobtanium (UNO) exchanged 0.3% higher against the dollar and now exchanges at $133.53 or 0.01647520 BTC.

Crown (CRW) exchanged down 2.5% against the dollar and now exchanges at $1.44 or 0.00017715 BTC.

Namecoin (NMC) exchanged 0.5% lower against the dollar and now exchanges at $1.71 or 0.00021093 BTC.

PACcoin ($PAC) exchanged 0.7% lower against the dollar and now exchanges at $0.0072 or 0.00000089 BTC.

(CHIPS) exchanged 34.9% higher against the dollar and now exchanges at $0.45 or 0.00005495 BTC.

ATBCoin (ATB) exchanged down 5.3% against the dollar and now exchanges at $0.19 or 0.00002358 BTC.

Terracoin (TRC) exchanged down 1.4% against the dollar and now exchanges at $0.17 or 0.00002159 BTC.

Steem Coin Profile

Steem is a proof-of-work (PoW) coin that uses the SHA-256 hashing calculation. Its beginning date was July fourth, 2015. Steem's aggregate supply is 271,423,492 coins and its flowing supply is 254,449,398 coins. The official site for Steem is steem.io. The Reddit people group for Steem is/r/steemit and the money's Github record can be seen here. Steem's legitimate Twitter account is @steemit and its Facebook page is available here. The official message board for Steem is steemit.com/@steemitblog.

As per CryptoCompare, "Steem.it is a blockchain-based online networking stage where anybody can procure compensates by posting significant substance, curating quality substance by upvoting and by holding Steem based monetary forms in a vest support, which creates intrigue. There are three primary monetary forms in Steemit: Steem, Steem Power (SP) and Steem Backed Dollars (SBD). Steem is fluid and can be purchased in a trade and changed over into steem dollars or steem control. Steem Power is fundamentally Steem that is secured a vesting reserve for 3 months. Clients can utilize steem energy to upvote content and get curating rewards. At the point when a client upvotes content his steem control gets drained and after that gradually recovered. Steem Power holders recieve enthusiasm from their possessions. The more Steem Power a voter has the more income he'll produce for himself (in type of SP) and for the substance maker (In SBD). There is likewise a motivator to upvote content ahead of schedule, as the prizes are dispersed by time. The most punctual votes gets the greatest offer of the reward. Steem Backed Dollars are there to shield content makers from volatitlity and can be exchanged for around 1 usd worth of steem, keeping in mind the end goal to money out from steem. Changing over Steem sponsored dollars into STEEM takes 5 days. Clients additionally recieve enthusiasm from holding SBD. T Steem is a proof of work cash with a booked blocktime of 3 seconds. Steem PoW mining is done in rounds of 63 seconds by 21 mineworkers (witnesses). 19 of the diggers are pre voted, one is the other with the most computational power, and the last one is chosen from a line of witnesses that did not get on the best 19 voted witnesses. 90% of the piece compensate is assigned to a vest store to remunerate guardians and PoW mineworkers, the other 10% are made fluid as steem and are utilized to compensate content makers. Steem gets changed over to Steem Backed Dollars and sent to the substance maker. "

Purchasing and Selling Steem

Steem can be exchanged on the accompanying digital money trades: HitBTC, Bittrex, Poloniex, Upbit and OpenLedger DEX. It isn't by and by conceivable to buy Steem specifically utilizing US dollars. Financial specialists looking to obtain Steem should first buy Bitcoin or Ethereum utilizing a trade that arrangements in US dollars, for example, Changelly, Coinbase or GDAX. Financial specialists would then be able to utilize their recently obtained Bitcoin or Ethereum to buy Steem utilizing one of the trades recorded previously.timthumb.png

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Congratulations! This post has been upvoted from the communal account, @minnowsupport, by labibahmed from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

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