DigiByte (CRYPTO:DGB) Tops 24 Hour Trading Volume of $2.39 Million

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DigiByte (CURRENCY:DGB) traded down 0.7% against the U.S. dollar during the 24 hour period ending at 17:00 PM ET on October 6th. DigiByte has a market capitalization of $251.90 million and approximately $2.39 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can now be bought for $0.0231 or 0.00000369 BTC on major exchanges including Trade Satoshi, Trade By Trade, OKEx and Crex24. Over the last seven days, DigiByte has traded down 8.2% against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

  • Primecoin (XPM) traded 0.4% higher against the dollar and now trades at $0.54 or 0.00008577 BTC.
  • Myriad (XMY) traded 0.6% higher against the dollar and now trades at $0.0030 or 0.00000048 BTC.
  • Circuits of Value (COVAL) traded 5.5% lower against the dollar and now trades at $0.0029 or 0.00000047 BTC.
  • Quark (QRK) traded 4.6% lower against the dollar and now trades at $0.0073 or 0.00000116 BTC.
  • HunterCoin (HUC) traded 1.4% lower against the dollar and now trades at $0.0314 or 0.00000502 BTC.
  • Joincoin (J) traded 3.6% higher against the dollar and now trades at $0.0281 or 0.00000450 BTC.
  • BitQuark (BTQ) traded 0.2% lower against the dollar and now trades at $0.0012 or 0.00000019 BTC.

DigiByte Profile

DigiByte (CRYPTO:DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 12th, 2014. DigiByte’s total supply is 10,918,370,562 coins. The Reddit community for DigiByte is /r/Digibyte and the currency’s Github account can be viewed here. DigiByte’s official website is www.digibyte.io. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here.

According to CryptoCompare, “Security: DigiByte uses five highly advanced cryptographic algorithms. Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster. Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine. Worldwide: DigiBytes are already stored, traded and transacted in over 89 countries. Decentralization: There is no need for a middleman or third party or central server. Re-Spend: Send DigiBytes you received to someone else in as little as three minutes. Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network. Scarcity: 21 Billion DigiBytes will be created in 21 years. 1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month. Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms. Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology. Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world. Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users. A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe. “

Buying and Selling DigiByte

DigiByte can be traded on these cryptocurrency exchanges: Cryptohub, Bittrex, Kucoin, OKEx, Bittylicious, HitBTC, Bit-Z, Graviex, YoBit, LiteBit.eu, Cryptopia, C-Patex, Huobi, Sistemkoin, cfinex, CryptoBridge, OOOBTC, Livecoin, Poloniex, Crex24, Trade Satoshi, CoinExchange, BiteBTC, Upbit, Trade By Trade and Bitbns. It is usually not currently possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to trade DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the exchanges listed above.

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