Posted by Nicole Wilson on Feb 12th, 2018 // No Comments
Steem Dollars (CURRENCY:SBD) traded 1.1% higher against the US dollar during the 24-hour period ending at 17:00 PM E.T. on January 28th. One Steem Dollars coin can currently be purchased for $4.70 or 0.00053433 BTC on major exchanges including Tidex, OpenLedger DEX, Bittrex and HitBTC. Steem Dollars has a total market cap of $40.
83 million and $19.49 million worth of Steem Dollars was traded on exchanges in the last day. Over the last seven days, Steem Dollars has traded up 62.9% against the US dollar.
Here’s how similar cryptocurrencies have performed over the last day: Get Steem Dollars alerts: Bitcoin (BTC) traded 6% higher against the dollar and now trades at $8,807.55 or 1. BTC. Bitcoin Cash (BCH) traded up 1.
8% against the dollar and now trades at $1,275.88 or 0.14595000 BTC. Steem (STEEM) traded up 1.
6% against the dollar and now trades at $4.15 or 0.00047488 BTC. Emercoin (EMC) traded 10.
1% higher against the dollar and now trades at $4.
26 or 0.00048679 BTC. Experience Points (XP) traded down 8.1% against the dollar and now trades at $0.0008 or 0. 9 BTC. BitcoinDark (BTCD) traded 5.
2% higher against the dollar and now trades at $104.73 or 0.01198040 BTC. Peercoin (PPC) traded 4.
4% higher against the dollar and now trades at $3.60 or 0.00041213 BTC. PACcoin (PAC) traded 4.
7% higher against the dollar and now trades at $0.0000 or 0.
BTC. Counterparty (XCP) traded 13.
4% higher against the dollar and now trades at $31.66 or 0.00362163 BTC. BitBean (BITB) traded 1.
5% lower against the dollar and now trades at $0.0255 or 0. 172 BTC.
Steem Dollars Coin Profile
Steem Dollars (SBD) is a coin. Its genesis date was June 4th, 2016. Steem Dollars’ total supply is 8,695,401 coins.
Steem Dollars’ official message board is steemit.com/@steemitblog .
The Reddit community for Steem Dollars is /r/steemit and the currency’s Github account can be viewed here . Steem Dollars’ official Twitter account is @steemit and its Facebook page is accessible here . The official website for Steem Dollars is steem.io .
According to CryptoCompare, “Steem Backed Dollars or simply Steem Dollars are stable value pegged assets issued in the Steem.it platform. SBD are pegged to the value of the USD and can be redeemed on the Steem.it platform for about one dollar worth of Steem.
When Content creators receive rewards on the Steem.it platform they are made available in 50% Steem Power, which can be redeemed continuously over a period of 104 weeks, and 50% SBD which can be fully redeemed for Steem in a 5 day period.
SBD can also be transfered on the Steem Platform and can be exchanged outside of the Platform. “
Buying and Selling Steem Dollars
Steem Dollars can be bought or sold on the following cryptocurrency exchanges: HitBTC, Poloniex, Tidex, OpenLedger DEX and Bittrex. It is not currently possible to buy Steem Dollars directly using US dollars. Investors seeking to acquire Steem Dollars must first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem Dollars using one of the exchanges listed above. Receive News & Ratings for Steem Dollars Steem Dollars .
