Steem (STEEM) Price Hits $0.18

Steem (STEEM) traded 2.1% lower against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on October 21st. Steem has a market capitalization of $86.20 million and approximately $16.47 million worth of Steem was traded on exchanges in the last day. Over the last week, Steem has traded 1.4% lower against the U.S. dollar. One Steem coin can now be bought for about $0.18 or 0.00000271 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 2.1% against the dollar and now trades at $66,977.43 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.9% higher against the dollar and now trades at $0.14 or 0.00000209 BTC.
• Bitcoin Cash (BCH) traded 1.8% lower against the dollar and now trades at $360.27 or 0.00537895 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $6.10 or 0.00009107 BTC.
• Litecoin (LTC) traded 4.8% lower against the dollar and now trades at $71.22 or 0.00106335 BTC.
• Ethereum Classic (ETC) traded 3.3% lower against the dollar and now trades at $19.43 or 0.00029014 BTC.
• Monero (XMR) traded down 4.9% against the dollar and now trades at $153.38 or 0.00228995 BTC.
• Arweave (AR) traded 3.6% lower against the dollar and now trades at $18.57 or 0.00027731 BTC.
• Bitcoin SV (BSV) traded 3.9% lower against the dollar and now trades at $49.06 or 0.00073254 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 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 474,335,110 coins. Steem’s official website is steem.com. 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. Steem’s official message board is steemit.com/@steemitblog.

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 presently possible to purchase alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to trade Steem should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView