Syscoin Tops 24 Hour Volume of $3.16 Million (SYS)

Syscoin (SYS) traded 1.5% lower against the dollar during the one day period ending at 23:00 PM Eastern on April 16th. Syscoin has a market cap of $172.22 million and approximately $3.16 million worth of Syscoin was traded on exchanges in the last 24 hours. In the last seven days, Syscoin has traded down 18.2% against the dollar. One Syscoin coin can currently be bought for $0.22 or 0.00000343 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 1.6% higher against the dollar and now trades at $63,961.57 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 0.5% against the dollar and now trades at $484.05 or 0.00756780 BTC.
• Arweave (AR) traded down 2.2% against the dollar and now trades at $24.56 or 0.00038393 BTC.
• Bitcoin SV (BSV) traded 2.7% higher against the dollar and now trades at $67.10 or 0.00104901 BTC.
• eCash (XEC) traded up 0.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Syscoin

SYS is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 16th, 2014. Syscoin’s total supply is 783,921,818 coins. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. The official message board for Syscoin is syscoin.org/news. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. Syscoin’s official website is syscoin.org.

According to CryptoCompare, “Syscoin (SYS) is a blockchain protocol founded in 2014 by Sebastian Schepis, designed to merge the security of Bitcoin with the functionality of Ethereum into a single, scalable platform. It supports the creation of decentralized applications and custom tokens, leveraging a dual-chain architecture that includes the Ethereum-compatible NEVM and a Bitcoin-based Syscoin UTXO blockchain. Syscoin aims to offer fast, secure, and low-cost transactions, with features like optimistic and ZK rollups for enhanced scalability. Led by the non-profit Syscoin Foundation, with development spearheaded by SYS Labs, the ecosystem fosters innovation in decentralized finance (DeFi) and NFT marketplaces. Syscoin’s unique blend of Bitcoin’s and Ethereum’s strengths positions it as a versatile and efficient blockchain for a wide range of applications.”

Buying and Selling Syscoin

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

SYS/USD price chart by TradingView