Steem Price Up 16.3% Over Last Week (STEEM)

Steem (STEEM) traded 0.8% higher against the U.S. dollar during the 1 day period ending at 17:00 PM ET on September 13th. In the last seven days, Steem has traded 16.3% higher against the U.S. dollar. One Steem coin can now be purchased for approximately $0.17 or 0.00000289 BTC on major cryptocurrency exchanges. Steem has a market cap of $81.65 million and approximately $12.91 million worth of Steem was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 3% against the dollar and now trades at $59,969.58 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5% higher against the dollar and now trades at $0.11 or 0.00000179 BTC.
• Bitcoin Cash (BCH) traded up 0.6% against the dollar and now trades at $334.25 or 0.00557361 BTC.
• UNUS SED LEO (LEO) traded 1.3% higher against the dollar and now trades at $5.73 or 0.00009547 BTC.
• Litecoin (LTC) traded 2.9% higher against the dollar and now trades at $64.59 or 0.00107708 BTC.
• Monero (XMR) traded 0.4% lower against the dollar and now trades at $170.64 or 0.00284551 BTC.
• Ethereum Classic (ETC) traded 1.5% higher against the dollar and now trades at $18.72 or 0.00031209 BTC.
• Arweave (AR) traded 0% higher against the dollar and now trades at $20.05 or 0.00033441 BTC.
• Bitcoin SV (BSV) traded up 0.1% against the dollar and now trades at $48.41 or 0.00080732 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Steem Coin Profile

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 471,334,933 coins. Steem’s official website 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. 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 possible to buy alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to acquire Steem should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Steem using one of the aforementioned exchanges.

STEEM/USD price chart by TradingView