Steem Dollars Price Reaches $5.32 on Exchanges (CRYPTO:SBD

Steem Dollars (CURRENCY:SBD) traded 8.6% higher against the dollar during the twenty-four hour period ending at 13:00 PM Eastern on January 30th. One Steem Dollars coin can now be purchased for approximately $5.32 or 0.00056737 BTC on popular cryptocurrency exchanges including Tidex, HitBTC, Bittrex and OpenLedger DEX. During the last seven days, Steem Dollars has traded up 61.9% against the dollar. Steem Dollars has a total market cap of $46.93 million and approximately $41.62 million worth of Steem Dollars was traded on exchanges in the last 24 hours.
Here is how related cryptocurrencies have performed during the last 24 hours:
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Bitcoin (BTC) traded up 8.4% against the dollar and now trades at $9,380.43 or 1.00000000 BTC.
Bitcoin Cash (BCH) traded up 10% against the dollar and now trades at $1,364.11 or 0.14555300 BTC.
Steem (STEEM) traded up 6.1% against the dollar and now trades at $4.37 or 0.00046642 BTC.
Experience Points (XP) traded 20.6% higher against the dollar and now trades at $0.0009 or 0.00000010 BTC.
Emercoin (EMC) traded 1.9% higher against the dollar and now trades at $4.42 or 0.00047214 BTC.
BitcoinDark (BTCD) traded up 8.5% against the dollar and now trades at $112.26 or 0.01197810 BTC.
PACcoin (PAC) traded up 58.1% against the dollar and now trades at $0.0000 or 0.00000001 BTC.
Counterparty (XCP) traded up 14.6% against the dollar and now trades at $35.02 or 0.00373712 BTC.
Peercoin (PPC) traded 5.9% higher against the dollar and now trades at $3.71 or 0.00039592 BTC.
BitBean (BITB) traded down 1.5% against the dollar and now trades at $0.0255 or 0.00000172 BTC.
Steem Dollars Profile
SBD is a coin. Its genesis date was June 4th, 2016. Steem Dollars’ total supply is 8,826,265 coins. Steem Dollars’ official Twitter account is @steemit and its Facebook page is accessible here. The official message board for Steem Dollars is steemit.com/@steemitblog. The Reddit community for Steem Dollars is /r/steemit and the currency’s Github account can be viewed here. Steem Dollars’ official website is steem.io.
According to CryptoCompare, “Steem Backed Dollars or simply Steem Dollars are stable value pegged assets issued in the Steem.it platform. SBD are pegged to the value of the USD and can be redeemed on the Steem.it platform for about one dollar worth of Steem. When Content creators receive rewards on the Steem.it platform they are made available in 50% Steem Power, which can be redeemed continuously over a period of 104 weeks, and 50% SBD which can be fully redeemed for Steem in a 5 day period. SBD can also be transfered on the Steem Platform and can be exchanged outside of the Platform. “
Buying and Selling Steem Dollars
Steem Dollars can be bought or sold on these cryptocurrency exchanges: Poloniex, HitBTC, Bittrex, OpenLedger DEX and Tidex. It is not currently possible to purchase Steem Dollars directly using U.S. dollars. Investors seeking to trade Steem Dollars must first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem Dollars using one of the exchanges listed above.