Steem Price Tops $0.17 on Major Exchanges (STEEM)

Steem (STEEM) traded 2.2% higher against the US dollar during the 1-day period ending at 23:00 PM E.T. on September 11th. Steem has a market capitalization of $80.33 million and approximately $14.97 million worth of Steem was traded on exchanges in the last day. In the last seven days, Steem has traded up 7.7% against the US dollar. One Steem coin can currently be bought for about $0.17 or 0.00000293 BTC on popular exchanges.

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

• Bitcoin (BTC) traded up 2.5% against the dollar and now trades at $58,263.21 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.5% against the dollar and now trades at $0.10 or 0.00000176 BTC.
• Bitcoin Cash (BCH) traded up 4.1% against the dollar and now trades at $339.37 or 0.00582479 BTC.
• UNUS SED LEO (LEO) traded up 1.5% against the dollar and now trades at $5.77 or 0.00009910 BTC.
• Litecoin (LTC) traded up 1.7% against the dollar and now trades at $62.24 or 0.00106824 BTC.
• Monero (XMR) traded 3.8% higher against the dollar and now trades at $174.88 or 0.00300150 BTC.
• Ethereum Classic (ETC) traded up 0.7% against the dollar and now trades at $18.55 or 0.00031841 BTC.
• Arweave (AR) traded up 5.2% against the dollar and now trades at $20.36 or 0.00034944 BTC.
• Bitcoin SV (BSV) traded 0.4% lower against the dollar and now trades at $49.21 or 0.00084463 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Steem

Steem (CRYPTO: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 471,197,582 coins. The official website for Steem is steem.com. 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. Steem’s official Twitter account is @steemit and its Facebook page is accessible 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.”

Steem Coin Trading

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

STEEM/USD price chart by TradingView