Steem (STEEM) One Day Volume Reaches $2.64 Million

Steem (STEEM) traded 0.2% lower against the U.S. dollar during the 24 hour period ending at 22:00 PM Eastern on May 26th. During the last seven days, Steem has traded 4.7% higher against the U.S. dollar. Steem has a market capitalization of $129.37 million and $2.64 million worth of Steem was traded on exchanges in the last day. One Steem coin can currently be bought for about $0.28 or 0.00000407 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 0% higher against the dollar and now trades at $69,186.00 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.9% lower against the dollar and now trades at $0.17 or 0.00000243 BTC.
• Bitcoin Cash (BCH) traded 1.2% lower against the dollar and now trades at $487.23 or 0.00708765 BTC.
• Litecoin (LTC) traded down 1% against the dollar and now trades at $84.32 or 0.00121863 BTC.
• UNUS SED LEO (LEO) traded down 0.9% against the dollar and now trades at $5.93 or 0.00008633 BTC.
• Ethereum Classic (ETC) traded up 0.2% against the dollar and now trades at $31.77 or 0.00046215 BTC.
• Monero (XMR) traded up 0.5% against the dollar and now trades at $142.02 or 0.00205255 BTC.
• Arweave (AR) traded down 2.5% against the dollar and now trades at $39.20 or 0.00056659 BTC.
• Bitcoin SV (BSV) traded down 0.6% against the dollar and now trades at $63.46 or 0.00092310 BTC.
• eCash (XEC) traded down 2.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About 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 462,735,816 coins. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. Steem’s official website is steem.com. 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 U.S. dollars. Investors seeking to trade Steem should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView