Decred (DCR) Reaches 1-Day Volume of $970,971.07

Decred (DCR) traded 0.1% higher against the US dollar during the one day period ending at 23:00 PM ET on September 13th. One Decred coin can now be purchased for approximately $12.29 or 0.00020330 BTC on popular exchanges. Decred has a total market capitalization of $200.52 million and approximately $970,971.07 worth of Decred was traded on exchanges in the last 24 hours. In the last seven days, Decred has traded 13% higher against the US dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Compound (COMP) traded up 0.3% against the dollar and now trades at $44.41 or 0.00073462 BTC.
• Bitcoiva (BCA) traded 1.3% higher against the dollar and now trades at $4.20 or 0.00006943 BTC.
• dForce USD (USX) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001654 BTC.
• Bitcoin Diamond (BCD) traded down 0.4% against the dollar and now trades at $0.0666 or 0.00000110 BTC.
• WhiteCoin (XWC) traded 0.7% lower against the dollar and now trades at $0.0106 or 0.00000018 BTC.
• Navcoin (NAV) traded up 5.2% against the dollar and now trades at $0.0405 or 0.00000067 BTC.
• Memetic (MEME) traded up 3.1% against the dollar and now trades at $0.0101 or 0.00000017 BTC.
• ReddCoin (RDD) traded 3.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded 4.1% higher against the dollar and now trades at $24,175.31 or 0.39992306 BTC.
• Aion (AION) traded down 0.6% against the dollar and now trades at $0.0016 or 0.00000003 BTC.

Decred Coin Profile

Decred (DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 16,316,912 coins. The official website for Decred is decred.org. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. Decred’s official message board is medium.com/decred. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here.

According to CryptoCompare, “Decred (DCR) is a hybrid PoW/PoS blockchain-based cryptocurrency, designed to ensure community involvement, open governance, and sustainable development funding. Stakeholders, or DCR holders, play a pivotal role in determining consensus rules, the blockchain’s evolution, and treasury funds allocation. Block rewards in Decred are split between PoW miners (10%), stakeholders (80%), and the Decred Treasury (10%). Stakeholders can stake their DCR for voting tickets, which grants them the power to vote on rule change proposals and approve PoW miners’ work. The Decred Treasury’s usage is decided via Politeia proposals and voting by live ticket holders. Launched in 2016 by co-founders including Alex and Jake Yocom-Piatt, Decred aims to create a truly decentralized cryptocurrency governed actively by its community.”

Decred Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to acquire Decred 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 Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView