Dero Price Up 4.1% Over Last 7 Days (DERO)

Dero (DERO) traded down 6.5% against the US dollar during the one day period ending at 12:00 PM Eastern on February 9th. One Dero coin can currently be bought for approximately $0.23 or 0.00000324 BTC on exchanges. Dero has a total market capitalization of $3.25 million and $5.21 thousand worth of Dero was traded on exchanges in the last day. Over the last week, Dero has traded 4.1% higher against the US dollar.

Here’s how related cryptocurrencies have performed over the last day:

• Arweave (AR) traded 1.1% higher against the dollar and now trades at $1.95 or 0.00002779 BTC.
• Bitcoin (BTC) traded down 1.2% against the dollar and now trades at $69,989.13 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.1% lower against the dollar and now trades at $0.0957 or 0.00000137 BTC.
• Bitcoin Cash (BCH) traded 0.6% higher against the dollar and now trades at $528.09 or 0.00754530 BTC.
• UNUS SED LEO (LEO) traded up 2.6% against the dollar and now trades at $8.46 or 0.00012089 BTC.
• Monero (XMR) traded 0.2% higher against the dollar and now trades at $323.01 or 0.00461518 BTC.
• Litecoin (LTC) traded 1% higher against the dollar and now trades at $54.54 or 0.00077933 BTC.
• Zcash (ZEC) traded 2.4% higher against the dollar and now trades at $241.78 or 0.00345451 BTC.
• Ethereum Classic (ETC) traded 1% higher against the dollar and now trades at $8.62 or 0.00012312 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Dero

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

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.”

Buying and Selling Dero

It is usually not possible to buy alternative cryptocurrencies such as Dero directly using U.S. dollars. Investors seeking to trade Dero should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dero using one of the exchanges listed above.

DERO/USD price chart by TradingView