Steem (STEEM) Price Up 0.6% Over Last Week

Steem (STEEM) traded down 2.3% against the U.S. dollar during the 24-hour period ending at 14:00 PM E.T. on April 27th. Steem has a total market capitalization of $134.82 million and $6.18 million worth of Steem was traded on exchanges in the last day. Over the last seven days, Steem has traded up 0.6% against the U.S. dollar. One Steem coin can currently be bought for approximately $0.29 or 0.00000462 BTC on major exchanges.

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

• Bitcoin (BTC) traded 1% lower against the dollar and now trades at $63,339.36 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.3% against the dollar and now trades at $0.15 or 0.00000234 BTC.
• Bitcoin Cash (BCH) traded down 2.9% against the dollar and now trades at $476.48 or 0.00752265 BTC.
• Litecoin (LTC) traded down 4.5% against the dollar and now trades at $83.93 or 0.00132512 BTC.
• UNUS SED LEO (LEO) traded 1.1% higher against the dollar and now trades at $5.83 or 0.00009207 BTC.
• Ethereum Classic (ETC) traded 0% lower against the dollar and now trades at $27.67 or 0.00043680 BTC.
• Arweave (AR) traded up 9% against the dollar and now trades at $33.92 or 0.00053550 BTC.
• Monero (XMR) traded down 1.1% against the dollar and now trades at $119.55 or 0.00188743 BTC.
• Bitcoin SV (BSV) traded up 1.3% against the dollar and now trades at $67.31 or 0.00106269 BTC.
• eCash (XEC) traded down 1.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Steem Profile

Steem is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its genesis date was March 24th, 2016. Steem’s total supply is 460,695,060 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 Twitter account is @steemit and its Facebook page is accessible here. The official message board for Steem is steemit.com/@steemitblog. The official website for Steem is steem.com.

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 currently possible to purchase alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to acquire Steem should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. 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