Steem Dollars (SBD) Achieves Market Cap of $38.71 Million Posted by Paula Ricardo | Feb 25th, 2018
Steem Dollars (CURRENCY:SBD) traded down 1.5% against the dollar during the 1 day period ending at 7:00 AM ET on February 25th. One Steem Dollars coin can currently be purchased for approximately $4.
02 or 0.00041504 BTC on popular cryptocurrency exchanges including Tidex, Poloniex, HitBTC and Bittrex.
Steem Dollars has a market cap of $38.71 million and $3.
01 million worth of Steem Dollars was traded on exchanges in the last day. Over the last week, Steem Dollars has traded down 24.4% against the dollar.
Here’s how similar cryptocurrencies have performed over the last day: Get Steem Dollars alerts: Bitcoin (BTC) traded 1.
1% lower against the dollar and now trades at $9,750.28 or 1. BTC. Bitcoin Cash (BCH) traded down 1% against the dollar and now trades at $1,187.
25 or 0.12255100 BTC. Steem (STEEM) traded 1.8% higher against the dollar and now trades at $3.
50 or 0.
00036089 BTC. Emercoin (EMC) traded down 4.4% against the dollar and now trades at $3.
69 or 0.00038063 BTC. Experience Points (XP) traded 6% lower against the dollar and now trades at $0.0006 or 0.
6 BTC. BitcoinDark (BTCD) traded down 5.
2% against the dollar and now trades at $91.41 or 0.
00943535 BTC. PACcoin (PAC) traded 15.2% higher against the dollar and now trades at $0.0000 or 0. BTC. Peercoin (PPC) traded down 1.8% against the dollar and now trades at $3.11 or 0.
00032147 BTC. Counterparty (XCP) traded up 1.9% against the dollar and now trades at $22.99 or 0.00237358 BTC.
BitBean (BITB) traded down 1.5% against the dollar and now trades at $0.0255 or 0. 172 BTC.
Steem Dollars Profile
SBD is a coin.
Its launch date was June 4th, 2016. Steem Dollars’ total supply is 9,626,422 coins. The official website for Steem Dollars is steem.io . The Reddit community for Steem Dollars is /r/steemit and the currency’s Github account can be viewed here . The official message board for Steem Dollars is steemit.
com/@steemitblog . Steem Dollars’ official Twitter account is @steemit and its Facebook page is accessible here .
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. “
Steem Dollars Coin Trading
Steem Dollars can be purchased on the following cryptocurrency exchanges: Tidex, HitBTC, Poloniex, OpenLedger DEX and Bittrex. It is not presently 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, Coinbase or GDAX.
Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem Dollars using one of the exchanges listed above. Receive News & Updates for Steem Dollars updates for Steem Dollars and related cryptocurrencies CryptoBeat newsletter . «.
