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Steem Dollars (CURRENCY:SBD) traded down 10.2% against the dollar during the 24-hour period ending at 21:00 PM ET on January 29th. One Steem Dollars coin can currently be bought for $6.26 or 0.00057248 BTC on cryptocurrency exchanges including Bittrex, Poloniex, Tidex and OpenLedger DEX. Over the last seven days, Steem Dollars has traded down 5.
3% against the dollar. Steem Dollars has a total market capitalization of $47.19 million and $8.19 million worth of Steem Dollars was traded on exchanges in the last day.
Here’s how related cryptocurrencies have performed over the last day: Get Steem Dollars alerts: Bitcoin (BTC) traded 4.8% lower against the dollar and now trades at $11,057.
20 or 1. BTC. Bitcoin Cash (BCH) traded down 5.1% against the dollar and now trades at $1,628.
23 or 0.14829200 BTC. Steem (STEEM) traded down 9.5% against the dollar and now trades at $5.57 or 0.00050750 BTC. Emercoin (EMC) traded down 9.3% against the dollar and now trades at $5.
21 or 0.00047417 BTC. BitcoinDark (BTCD) traded down 5.1% against the dollar and now trades at $150.09 or 0.01366940 BTC. PACcoin (PAC) traded up 3.6% against the dollar and now trades at $0.
0001 or 0. 1 BTC. Experience Points (XP) traded 22.7% lower against the dollar and now trades at $0.
0008 or 0. 7 BTC. Counterparty (XCP) traded 12.5% lower against the dollar and now trades at $52.58 or 0.00478915 BTC.
Peercoin (PPC) traded 6.2% lower against the dollar and now trades at $4.85 or 0.00044153 BTC. BitBean (BITB) traded down 1.5% against the dollar and now trades at $0.0255 or 0.
172 BTC.
Steem Dollars Profile Steem Dollars is a coin. Its launch date was June 4th, 2016. Steem Dollars’ total supply is 7,538,573 coins. 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 . Steem Dollars’ official message board is steemit.
com/@steemitblog . Steem Dollars’ official website 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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Buying and Selling Steem Dollars
Steem Dollars can be bought or sold on these cryptocurrency exchanges: Tidex, Poloniex, Bittrex, OpenLedger DEX and HitBTC. It is not possible to purchase Steem Dollars directly using US dollars.
Investors seeking to acquire Steem Dollars must first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Steem Dollars using one of the aforementioned exchanges.
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