Steem Price Reaches $0.35 on Major Exchanges (STEEM)

Steem (STEEM) traded 4.2% higher against the U.S. dollar during the 24-hour period ending at 21:00 PM ET on March 28th. In the last seven days, Steem has traded 11.7% higher against the U.S. dollar. One Steem coin can currently be bought for $0.35 or 0.00000500 BTC on major exchanges. Steem has a total market capitalization of $162.62 million and approximately $11.01 million worth of Steem was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded up 2.1% against the dollar and now trades at $70,886.94 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 9.3% higher against the dollar and now trades at $0.22 or 0.00000313 BTC.
• Bitcoin Cash (BCH) traded 6.2% higher against the dollar and now trades at $570.32 or 0.00804629 BTC.
• Litecoin (LTC) traded 0.9% lower against the dollar and now trades at $94.50 or 0.00133328 BTC.
• UNUS SED LEO (LEO) traded 0.4% lower against the dollar and now trades at $6.04 or 0.00008527 BTC.
• Ethereum Classic (ETC) traded up 1.9% against the dollar and now trades at $32.54 or 0.00045914 BTC.
• Arweave (AR) traded down 3.6% against the dollar and now trades at $42.03 or 0.00059294 BTC.
• Monero (XMR) traded 2.2% lower against the dollar and now trades at $135.68 or 0.00191423 BTC.
• Conflux (CFX) traded up 1% against the dollar and now trades at $0.49 or 0.00000684 BTC.
• Bitcoin SV (BSV) traded up 4.7% against the dollar and now trades at $94.35 or 0.00133114 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 458,687,572 coins. Steem’s official message board is steemit.com/@steemitblog. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The official website for Steem is steem.com. 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.”

Buying and Selling Steem

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

STEEM/USD price chart by TradingView