Decred Trading 10.1% Higher Over Last Week (DCR)

Decred (DCR) traded 3.5% higher against the dollar during the twenty-four hour period ending at 16:00 PM ET on March 28th. Decred has a total market capitalization of $444.35 million and approximately $2.61 million worth of Decred was traded on exchanges in the last day. One Decred coin can currently be purchased for $27.86 or 0.00039331 BTC on popular cryptocurrency exchanges. In the last week, Decred has traded 10.1% higher against the dollar.

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

• Compound (COMP) traded up 3.1% against the dollar and now trades at $78.37 or 0.00110654 BTC.
• Bitcoiva (BCA) traded up 2.8% against the dollar and now trades at $12.30 or 0.00017371 BTC.
• EverGrow Coin (EGC) traded 1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded up 0.1% against the dollar and now trades at $1.99 or 0.00002810 BTC.
• dForce USD (USX) traded down 0.4% against the dollar and now trades at $0.98 or 0.00001390 BTC.
• Bitcoin Diamond (BCD) traded 4.6% higher against the dollar and now trades at $0.14 or 0.00000200 BTC.
• WhiteCoin (XWC) traded up 6.4% against the dollar and now trades at $0.0190 or 0.00000027 BTC.
• ReddCoin (RDD) traded down 31.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded down 0.7% against the dollar and now trades at $0.0456 or 0.00000064 BTC.
• Aion (AION) traded 7.1% higher against the dollar and now trades at $0.0025 or 0.00000003 BTC.

Decred Coin Profile

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 15,951,421 coins. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. The official website for Decred is decred.org. Decred’s official message board 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 presently possible to buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView