Steem Dollars (SBD) Hits Market Capitalization of $50.00 Million Posted by Donald Scott | Feb 18th, 2018
Steem Dollars (CURRENCY:SBD) traded down 3.8% against the U.S. dollar during the twenty-four hour period ending at 17:00 PM ET on February 11th. One Steem Dollars coin can currently be purchased for approximately $5.46 or 0.00050838 BTC on major cryptocurrency exchanges including Bittrex, Poloniex, HitBTC and OpenLedger DEX.
Steem Dollars has a market capitalization of $50.00 million and approximately $26.86 million worth of Steem Dollars was traded on exchanges in the last day. Over the last seven days, Steem Dollars has traded up 18.3% against the U.S.
dollar.
Here is how other cryptocurrencies have performed over the last day: Get Steem Dollars alerts: Bitcoin (BTC) traded 0.
4% lower against the dollar and now trades at $10,871.30 or 1. BTC. Bitcoin Cash (BCH) traded down 0.
7% against the dollar and now trades at $1,525.61 or 0.14151400 BTC. Steem (STEEM) traded down 4.
7% against the dollar and now trades at $4.39 or 0.00040760 BTC. Emercoin (EMC) traded 0.
3% higher against the dollar and now trades at $4.46 or 0.00041965 BTC. Experience Points (XP) traded 10.
7% lower against the dollar and now trades at $0.0008 or 0. 7 BTC. BitcoinDark (BTCD) traded 6.1% lower against the dollar and now trades at $117.08 or 0.01101380 BTC. Peercoin (PPC) traded 7.
2% lower against the dollar and now trades at $4.13 or 0.00038714 BTC. Counterparty (XCP) traded down 10.7% against the dollar and now trades at $31.
77 or 0.00297746 BTC. PACcoin (PAC) traded down 20.
9% against the dollar and now trades at $0.0000 or 0.
BTC. BitBean (BITB) traded 1.5% lower against the dollar and now trades at $0.0255 or 0. 172 BTC.
About Steem Dollars
Steem Dollars (CURRENCY:SBD) is a coin.
Its genesis date was June 4th, 2016. Steem Dollars’ total supply is 9,149,241 coins. Steem Dollars’ official Twitter account is @steemit and its Facebook page is accessible here . The official message board for Steem Dollars is steemit.
com/@steemitblog . The Reddit community for Steem Dollars is /r/steemit and the currency’s Github account can be viewed 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 traded on the following cryptocurrency exchanges: Poloniex, OpenLedger DEX, HitBTC, Bittrex and Tidex.
It is not 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 Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem Dollars using one of the aforementioned exchanges. Receive News & Ratings for Steem Dollars analysts’ ratings for Steem Dollars and related companies daily email newsletter . «.
