Steem (STEEM) Price Reaches $0.34 on Top Exchanges

Steem (STEEM) traded up 19.1% against the dollar during the one day period ending at 18:00 PM ET on April 23rd. Steem has a market cap of $155.79 million and $35.58 million worth of Steem was traded on exchanges in the last 24 hours. During the last week, Steem has traded 27.9% higher against the dollar. One Steem coin can now be bought for approximately $0.34 or 0.00000509 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded down 0.4% against the dollar and now trades at $66,428.01 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.9% against the dollar and now trades at $0.16 or 0.00000241 BTC.
• Bitcoin Cash (BCH) traded 4% lower against the dollar and now trades at $506.27 or 0.00762133 BTC.
• Litecoin (LTC) traded down 0.9% against the dollar and now trades at $85.05 or 0.00128038 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $5.76 or 0.00008670 BTC.
• Ethereum Classic (ETC) traded down 0.7% against the dollar and now trades at $28.24 or 0.00042508 BTC.
• Monero (XMR) traded up 0.1% against the dollar and now trades at $121.78 or 0.00183329 BTC.
• Arweave (AR) traded 4.6% lower against the dollar and now trades at $33.84 or 0.00050943 BTC.
• Bitcoin SV (BSV) traded 1.8% lower against the dollar and now trades at $71.80 or 0.00108088 BTC.
• eCash (XEC) traded down 1.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Steem Coin Profile

STEEM is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its genesis date was March 24th, 2016. Steem’s total supply is 460,447,618 coins. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. Steem’s official message board is steemit.com/@steemitblog. The official website for Steem is steem.com.

According to CryptoCompare, “Steem (STEEM) is a blockchain-based social media platform that rewards content creators with STEEM tokens. Created by Ned Scott and Dan Larimer, it promotes decentralized content creation and curation, providing an alternative to traditional social media.”

Buying and Selling Steem

It is usually not currently possible to buy alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to acquire Steem should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Steem using one of the aforementioned exchanges.

STEEM/USD price chart by TradingView