Posted by Rob Logan on Feb 22nd, 2018 // No Comments
Steem Dollars (CURRENCY:SBD) traded down 7% against the US dollar during the twenty-four hour period ending at 2:00 AM Eastern on February 7th. Over the last week, Steem Dollars has traded 17% lower against the US dollar. One Steem Dollars coin can currently be purchased for about $4.61 or 0.00042720 BTC on major exchanges including Bittrex, HitBTC, Poloniex and Tidex. Steem Dollars has a total market cap of $43.38 million and approximately $8.
70 million worth of Steem Dollars was traded on exchanges in the last 24 hours.
Here is how related cryptocurrencies have performed over the last 24 hours: Get Steem Dollars alerts: Bitcoin (BTC) traded 2.3% lower against the dollar and now trades at $10,918.50 or 1. BTC. Bitcoin Cash (BCH) traded 4.4% lower against the dollar and now trades at $1,331.
40 or 0.12350400 BTC.
Steem (STEEM) traded down 4.9% against the dollar and now trades at $3.79 or 0.00035136 BTC. Emercoin (EMC) traded 4.
4% lower against the dollar and now trades at $4.45 or 0.00041285 BTC. Experience Points (XP) traded 1.3% lower against the dollar and now trades at $0.0007 or 0. 6 BTC.
BitcoinDark (BTCD) traded down 4.7% against the dollar and now trades at $107.33 or 0.00995613 BTC. Peercoin (PPC) traded 3.9% lower against the dollar and now trades at $3.59 or 0.
00033308 BTC.
PACcoin (PAC) traded up 3.9% against the dollar and now trades at $0.0000 or 0. BTC. Counterparty (XCP) traded 1.4% higher against the dollar and now trades at $27.
52 or 0.00255252 BTC. BitBean (BITB) traded down 1.5% against the dollar and now trades at $0.0255 or 0. 172 BTC.
About Steem Dollars
SBD is a coin.
It was first traded on June 4th, 2016. Steem Dollars’ total supply is 9,419,203 coins. Steem Dollars’ official website is steem.io . Steem Dollars’ official Twitter account is @steemit and its Facebook page is accessible here .
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 .
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: Tidex, OpenLedger DEX, HitBTC, Poloniex and Bittrex.
It is not possible to purchase Steem Dollars directly using U.
S. dollars. Investors seeking to trade Steem Dollars must first purchase Bitcoin or Ethereum using an exchange that deals in U.S.
dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Steem Dollars using one of the exchanges listed above.
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