Steem (STEEM) Price Tops $0.20 on Exchanges

Steem (STEEM) traded 1.3% higher against the dollar during the 1-day period ending at 16:00 PM ET on June 30th. One Steem coin can now be purchased for approximately $0.20 or 0.00000321 BTC on popular exchanges. During the last seven days, Steem has traded 1% higher against the dollar. Steem has a market cap of $92.38 million and $1.21 million worth of Steem was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 1.7% higher against the dollar and now trades at $61,918.38 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.9% against the dollar and now trades at $0.12 or 0.00000200 BTC.
• Bitcoin Cash (BCH) traded 2.2% higher against the dollar and now trades at $392.18 or 0.00633381 BTC.
• Litecoin (LTC) traded down 1.3% against the dollar and now trades at $74.63 or 0.00120536 BTC.
• UNUS SED LEO (LEO) traded down 0% against the dollar and now trades at $5.81 or 0.00009380 BTC.
• Ethereum Classic (ETC) traded up 1.6% against the dollar and now trades at $23.55 or 0.00038033 BTC.
• Monero (XMR) traded up 1.1% against the dollar and now trades at $167.75 or 0.00270925 BTC.
• Arweave (AR) traded 1.5% lower against the dollar and now trades at $27.32 or 0.00044130 BTC.
• Bitcoin SV (BSV) traded 1.3% higher against the dollar and now trades at $44.63 or 0.00072081 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Steem

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It launched on March 24th, 2016. Steem’s total supply is 465,392,210 coins. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The official website for Steem is steem.com. 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.

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.”

Steem Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to acquire Steem should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView