Steem (STEEM) Price Tops $0.20 on Top Exchanges

Steem (STEEM) traded up 3% against the dollar during the one day period ending at 22:00 PM ET on July 19th. Steem has a market capitalization of $94.17 million and approximately $5.68 million worth of Steem was traded on exchanges in the last 24 hours. Over the last week, Steem has traded up 11.1% against the dollar. One Steem coin can currently be bought for $0.20 or 0.00000304 BTC on major exchanges.

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

• Bitcoin (BTC) traded up 4% against the dollar and now trades at $66,361.44 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 4.4% against the dollar and now trades at $0.12 or 0.00000188 BTC.
• Bitcoin Cash (BCH) traded up 2.6% against the dollar and now trades at $386.35 or 0.00582190 BTC.
• Litecoin (LTC) traded up 2.1% against the dollar and now trades at $72.97 or 0.00109955 BTC.
• UNUS SED LEO (LEO) traded 1.7% higher against the dollar and now trades at $5.89 or 0.00008874 BTC.
• Ethereum Classic (ETC) traded up 2.6% against the dollar and now trades at $23.44 or 0.00035319 BTC.
• Monero (XMR) traded 2.2% higher against the dollar and now trades at $163.16 or 0.00245862 BTC.
• Arweave (AR) traded 14% higher against the dollar and now trades at $33.60 or 0.00050637 BTC.
• Bitcoin SV (BSV) traded 2.6% higher against the dollar and now trades at $46.94 or 0.00070729 BTC.
• NyanCoin (NYAN) traded down 2.2% 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. Its launch date was March 24th, 2016. Steem’s total supply is 466,914,178 coins. Steem’s official website 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 currently possible to buy alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to acquire Steem should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView