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Steem Dollars (CURRENCY:SBD) traded up 8.8% against the US dollar during the one day period ending at 9:00 AM Eastern on January 27th. Steem Dollars has a market capitalization of $49.56 million and approximately $48.30 million worth of Steem Dollars was traded on exchanges in the last 24 hours. Over the last seven days, Steem Dollars has traded down 4.
8% against the US dollar. One Steem Dollars coin can currently be bought for about $6.
84 or 0.00062289 BTC on major cryptocurrency exchanges including Bittrex, OpenLedger DEX, HitBTC and Poloniex.
Here is how related cryptocurrencies have performed over the last 24 hours: Get Steem Dollars alerts: Bitcoin (BTC) traded 2.6% higher against the dollar and now trades at $11,061.40 or 1. BTC.
Bitcoin Cash (BCH) traded 2.2% higher against the dollar and now trades at $1,588.
06 or 0.14452100 BTC. Steem (STEEM) traded down 1.8% against the dollar and now trades at $5.90 or 0.
00053726 BTC. Experience Points (XP) traded 1.1% higher against the dollar and now trades at $0.0012 or 0.
11 BTC. Emercoin (EMC) traded 4.8% higher against the dollar and now trades at $5.
40 or 0.00049137 BTC. BitcoinDark (BTCD) traded 1.5% higher against the dollar and now trades at $147.
10 or 0.01338660 BTC. PACcoin (PAC) traded up 1.4% against the dollar and now trades at $0.
0001 or 0. 1 BTC. Counterparty (XCP) traded 9.4% higher against the dollar and now trades at $52.
03 or 0.00473477 BTC. Peercoin (PPC) traded up 0.5% against the dollar and now trades at $4.
96 or 0.00045165 BTC. Crown (CRW) traded 4.4% higher against the dollar and now trades at $3.
66 or 0.00033338 BTC.
About Steem Dollars
Steem Dollars (CURRENCY:SBD) is a coin. It launched on June 4th, 2016.
Steem Dollars’ total supply is 7,240,857 coins. 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 . 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.
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Steem Dollars Coin Trading
Steem Dollars can be traded on the following cryptocurrency exchanges: Tidex, OpenLedger DEX, Poloniex, Bittrex and HitBTC. It is not presently possible to buy Steem Dollars directly using U.S. dollars.
Investors seeking to acquire Steem Dollars must first buy Ethereum or Bitcoin using an exchange that deals in U.S.
dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem Dollars using one of the aforementioned exchanges. Receive News & Updates for Steem Dollars updates for Steem Dollars and related cryptocurrencies CryptoBeat newsletter .
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