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Namecoin (CURRENCY:NMC) traded 0.3% higher against the U.S. dollar during the 24 hour period ending at 18:00 PM Eastern on February 16th.
Namecoin has a total market capitalization of $44.67 million and approximately $167,640.00 worth of Namecoin was traded on exchanges in the last 24 hours. One Namecoin coin can now be bought for approximately $3.
03 or 0.00029685 BTC on exchanges including Altcoin Trader, BX Thailand, SouthXchange and YoBit. During the last week, Namecoin has traded up 19.9% against the U.S. dollar.
Here is how related cryptocurrencies have performed during the last 24 hours: Get Namecoin alerts: Bitcoin (BTC) traded up 1.3% against the dollar and now trades at $10,229.90 or 1. BTC.
Bitcoin Cash (BCH) traded up 10.7% against the dollar and now trades at $1,517.
92 or 0.14897500 BTC. Steem (STEEM) traded up 0.4% against the dollar and now trades at $4.
57 or 0.00044876 BTC. Counterparty (XCP) traded 2.1% lower against the dollar and now trades at $37.76 or 0.00369770 BTC. PACcoin (PAC) traded down 30% against the dollar and now trades at $0.0000 or 0.
BTC. Crown (CRW) traded 0.9% higher against the dollar and now trades at $3.
27 or 0.00032006 BTC. Unobtanium (UNO) traded down 0.6% against the dollar and now trades at $151.27 or 0.01481350 BTC. ATBCoin (ATB) traded 2.
2% higher against the dollar and now trades at $0.48 or 0.00004684 BTC. CHIPS (CHIPS) traded up 8.7% against the dollar and now trades at $0.33 or 0.00003188 BTC.
Terracoin (TRC) traded up 0.4% against the dollar and now trades at $0.23 or 0.00002278 BTC.
About Namecoin
Namecoin (NMC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on April 19th, 2011. Namecoin’s total supply is 14,736,400 coins.
The Reddit community for Namecoin is /r/namecoin and the currency’s Github account can be viewed here . The official website for Namecoin is www.namecoin.org . Namecoin’s official Twitter account is @namecoin and its Facebook page is accessible here .
According to CryptoCompare, “Namecoin s a cryptocurrency which also acts as an alternative, decentralized DNS, which would avoid domain name censorship by making a new top level domain outside of ICANN control. The coin is designed to halve every four years with the same cap limit as Bitcoin of 21,000,000. With the domain registry service a small number of NMC will be destroyed so after mining has finished there will still be a deflationary ellement in place.
Namecoin was the first coin to switch to merged mining.
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Buying and Selling Namecoin
Namecoin can be purchased on the following cryptocurrency exchanges: Bleutrade, Bittylicious, YoBit, Tux Exchange, Poloniex, SouthXchange, BX Thailand, WEX, Livecoin, Cryptopia and Altcoin Trader.
It is not possible to purchase Namecoin directly using U.S. dollars. Investors seeking to acquire Namecoin must first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase.
Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Namecoin using one of the aforementioned exchanges.
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