Obyte One Day Trading Volume Tops $23,245.00 (GBYTE)
Obyte (CURRENCY:GBYTE) traded up 7.7% against the US dollar during the 24 hour period ending at 12:00 PM E.T. on January 14th. Over the last seven days, Obyte has traded down 20.5% against the US dollar. One Obyte coin can now be bought for $23.11 or 0.00058470 BTC on major exchanges. Obyte has a total market cap of $17.42 million and $23,245.00 worth of Obyte was traded on exchanges in the last 24 hours.
Here’s how related cryptocurrencies have performed over the last 24 hours:
- Poseidon Network (QQQ) traded 0.8% lower against the dollar and now trades at $0.0261 or 0.00000066 BTC.
- VITE (VITE) traded up 6.9% against the dollar and now trades at $0.0160 or 0.00000041 BTC.
- IoT Chain (ITC) traded 3.3% higher against the dollar and now trades at $0.0494 or 0.00000125 BTC.
- HYCON (HYC) traded down 3.2% against the dollar and now trades at $0.0018 or 0.00000005 BTC.
- TrustNote (TTT) traded 0% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
According to CryptoCompare, “Byteball is a decentralized database with it's own native cryptocurrency, Bytes, that unlike most does not require PoW or PoS mining and does not have a blockchain nor blocks. Instead, Byteball links transactions by signing the hashes from the previous transactions on the new one. These links between transactions form a DAG (Directed Acyclic Graph). Since Byteball has no blocks, there is no block size issue. Byteball can be used as a means to transfer value between users in a transaction, either with Bytes or assets that can be issued on the network or as a decentralized data base that allows users to store information within it. Byteball's currency, Bytes, are used to pay transaction fees in this network. Transactions can be meant to exchange value or to store any type of data. The transaction fees (Bytes) are relative to the Bytes used in the transaction, so if a transaction uses 500 Bytes, that's the tx fee that will be charged. This system gives the currency intrinsic value, each Byte is worth a byte of information that is stored on the network, which alows the system to scale according to its use. 1 GBYTE equals 1000000000 BYTES Byteball has been rebranded to Obyte, for more information related to the rebrand, please click here. “
Obyte Coin Trading
Obyte can be traded on these cryptocurrency exchanges: . It is usually not possible to buy alternative cryptocurrencies such as Obyte directly using US dollars. Investors seeking to acquire Obyte should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Obyte using one of the exchanges listed above.
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