Dero Price Reaches $0.23 on Exchanges (DERO)

Dero (DERO) traded 6% higher against the dollar during the 1-day period ending at 11:00 AM Eastern on February 21st. Dero has a market capitalization of $3.34 million and approximately $4.07 thousand worth of Dero was traded on exchanges in the last 24 hours. In the last seven days, Dero has traded 9% lower against the dollar. One Dero coin can currently be bought for about $0.23 or 0.00000341 BTC on exchanges.

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

• Arweave (AR) traded 1.3% lower against the dollar and now trades at $2.03 or 0.00002971 BTC.
• Bitcoin (BTC) traded up 0.6% against the dollar and now trades at $68,370.85 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.3% against the dollar and now trades at $0.0996 or 0.00000146 BTC.
• Bitcoin Cash (BCH) traded 0.3% higher against the dollar and now trades at $567.54 or 0.00830090 BTC.
• UNUS SED LEO (LEO) traded 2.6% lower against the dollar and now trades at $8.49 or 0.00012412 BTC.
• Monero (XMR) traded 2.4% lower against the dollar and now trades at $326.82 or 0.00478015 BTC.
• Zcash (ZEC) traded 1.6% lower against the dollar and now trades at $259.20 or 0.00379109 BTC.
• Litecoin (LTC) traded up 0.3% against the dollar and now trades at $55.49 or 0.00081158 BTC.
• Ethereum Classic (ETC) traded 6.6% higher against the dollar and now trades at $9.26 or 0.00013544 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Dero Coin Profile

Dero is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. It launched on June 27th, 2018. Dero’s total supply is 18,400,000 coins and its circulating supply is 14,312,916 coins. The official website for Dero is dero.io. Dero’s official message board is forum.dero.io. The Reddit community for Dero is https://reddit.com/r/deroproject and the currency’s Github account can be viewed here. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here.

According to CryptoCompare, “Dero is the first crypto project to combine a Proof of Work blockchain with a DAG block structure and wholly anonymous transactions. The fully distributed ledger processes transactions with a twelve-second average block time and is secure against majority hashrate attacks. Dero will be the first CryptoNote blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains. Telegram, Discord, RedditWhitepaper”

Dero Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Dero directly using U.S. dollars. Investors seeking to acquire Dero should first purchase 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 purchase Dero using one of the aforementioned exchanges.

DERO/USD price chart by TradingView