Steem (STEEM) Price Reaches $0.20 on Top Exchanges

Steem (STEEM) traded up 3.1% against the dollar during the twenty-four hour period ending at 0:00 AM ET on June 27th. In the last week, Steem has traded 1% higher against the dollar. Steem has a market capitalization of $93.78 million and $1.37 million worth of Steem was traded on exchanges in the last day. One Steem coin can now be bought for approximately $0.20 or 0.00000326 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 1.2% against the dollar and now trades at $61,748.45 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.5% higher against the dollar and now trades at $0.13 or 0.00000205 BTC.
• Bitcoin Cash (BCH) traded 3.4% higher against the dollar and now trades at $389.54 or 0.00630700 BTC.
• Litecoin (LTC) traded 3.9% higher against the dollar and now trades at $73.69 or 0.00119313 BTC.
• UNUS SED LEO (LEO) traded 1.3% higher against the dollar and now trades at $5.78 or 0.00009354 BTC.
• Ethereum Classic (ETC) traded up 3.4% against the dollar and now trades at $24.21 or 0.00039205 BTC.
• Monero (XMR) traded up 1.4% against the dollar and now trades at $166.89 or 0.00270209 BTC.
• Arweave (AR) traded 1.2% higher against the dollar and now trades at $26.17 or 0.00042366 BTC.
• Bitcoin SV (BSV) traded 2.6% higher against the dollar and now trades at $45.62 or 0.00073857 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Steem Profile

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It was first traded on March 24th, 2016. Steem’s total supply is 465,178,674 coins. The official website for Steem is steem.com. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The official message board for Steem is steemit.com/@steemitblog. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here.

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 presently possible to purchase alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to acquire Steem should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem using one of the aforementioned exchanges.

STEEM/USD price chart by TradingView