Steem Price Tops $0.35 on Major Exchanges (STEEM)

Steem (STEEM) traded 2.2% higher against the U.S. dollar during the twenty-four hour period ending at 13:00 PM ET on March 28th. During the last week, Steem has traded 9.3% higher against the U.S. dollar. Steem has a market cap of $161.71 million and approximately $11.89 million worth of Steem was traded on exchanges in the last 24 hours. One Steem coin can now be bought for approximately $0.35 or 0.00000498 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 3% against the dollar and now trades at $70,745.50 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 18.7% against the dollar and now trades at $0.22 or 0.00000310 BTC.
• Bitcoin Cash (BCH) traded 5.3% higher against the dollar and now trades at $568.01 or 0.00802888 BTC.
• Litecoin (LTC) traded 0.8% higher against the dollar and now trades at $95.31 or 0.00134724 BTC.
• UNUS SED LEO (LEO) traded 0% higher against the dollar and now trades at $6.07 or 0.00008575 BTC.
• Ethereum Classic (ETC) traded up 3% against the dollar and now trades at $32.47 or 0.00045892 BTC.
• Arweave (AR) traded up 0.7% against the dollar and now trades at $41.78 or 0.00059050 BTC.
• Monero (XMR) traded down 1.6% against the dollar and now trades at $135.18 or 0.00191077 BTC.
• Bitcoin SV (BSV) traded up 3.7% against the dollar and now trades at $93.27 or 0.00131836 BTC.
• Conflux (CFX) traded up 1% against the dollar and now trades at $0.48 or 0.00000672 BTC.

About Steem

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It launched on March 24th, 2016. Steem’s total supply is 458,666,369 coins. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. Steem’s official website is steem.com. Steem’s official message board is steemit.com/@steemitblog. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed 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 purchase alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to trade Steem should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView