Syscoin (SYS) Hits 24 Hour Trading Volume of $8.08 Million

Syscoin (SYS) traded down 5.5% against the US dollar during the twenty-four hour period ending at 21:00 PM Eastern on September 15th. One Syscoin coin can currently be bought for $0.11 or 0.00000181 BTC on popular exchanges. Syscoin has a market capitalization of $84.33 million and $8.08 million worth of Syscoin was traded on exchanges in the last day. Over the last seven days, Syscoin has traded 1% higher against the US dollar.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 2.6% against the dollar and now trades at $58,648.79 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 4.6% against the dollar and now trades at $313.18 or 0.00533995 BTC.
• Arweave (AR) traded 6.1% lower against the dollar and now trades at $18.87 or 0.00032167 BTC.
• Bitcoin SV (BSV) traded 5.7% lower against the dollar and now trades at $45.92 or 0.00078296 BTC.
• eCash (XEC) traded down 5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

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. Syscoin’s official message board is syscoin.org/news. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. Syscoin’s official website is syscoin.org. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here.

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 purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to trade Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView