Syscoin (SYS) Price Reaches $0.0969 on Exchanges

Syscoin (SYS) traded 11.2% lower against the dollar during the 24 hour period ending at 22:00 PM Eastern on September 3rd. One Syscoin coin can now be purchased for approximately $0.0969 or 0.00000171 BTC on popular cryptocurrency exchanges. Syscoin has a market cap of $76.82 million and approximately $4.55 million worth of Syscoin was traded on exchanges in the last day. In the last week, Syscoin has traded 21.3% lower against the dollar.

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

• Bitcoin (BTC) traded down 4.9% against the dollar and now trades at $56,708.18 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 5.4% against the dollar and now trades at $307.61 or 0.00542438 BTC.
• Arweave (AR) traded down 7.8% against the dollar and now trades at $20.37 or 0.00035918 BTC.
• Bitcoin SV (BSV) traded 0.3% higher against the dollar and now trades at $44.31 or 0.00078131 BTC.
• eCash (XEC) traded down 3.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

Syscoin (CRYPTO:SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 16th, 2014. Syscoin’s total supply is 792,569,633 coins. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The official message board for Syscoin is syscoin.org/news. Syscoin’s official website is syscoin.org.

According to CryptoCompare, “Syscoin (SYS) is a blockchain protocol founded in 2014 by Sebastian Schepis, designed to merge the security of Bitcoin with the functionality of Ethereum into a single, scalable platform. It supports the creation of decentralized applications and custom tokens, leveraging a dual-chain architecture that includes the Ethereum-compatible NEVM and a Bitcoin-based Syscoin UTXO blockchain. Syscoin aims to offer fast, secure, and low-cost transactions, with features like optimistic and ZK rollups for enhanced scalability. Led by the non-profit Syscoin Foundation, with development spearheaded by SYS Labs, the ecosystem fosters innovation in decentralized finance (DeFi) and NFT marketplaces. Syscoin’s unique blend of Bitcoin’s and Ethereum’s strengths positions it as a versatile and efficient blockchain for a wide range of applications.”

Buying and Selling Syscoin

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

SYS/USD price chart by TradingView