Steem Dollars (CRYPTO:SBD) 24 Hour Trading Volume Hits $22.17 Million

Steem Dollars (CURRENCY:SBD) traded up 1.1% against the dollar during the one day period ending at 8:00 AM Eastern on February 2nd. In the last seven days, Steem Dollars has traded 13.8% higher against the dollar. Steem Dollars has a market cap of $51.30 million and approximately $22.17 million worth of Steem Dollars was traded on exchanges in the last 24 hours. One Steem Dollars coin can currently be bought for approximately $5.68 or 0.00052371 BTC on major cryptocurrency exchanges including OpenLedger DEX, Bittrex, Poloniex and Tidex.

Here’s how related cryptocurrencies have performed in the last 24 hours:

Bitcoin (BTC) traded up 9.6% against the dollar and now trades at $10,887.00 or 1.00000000 BTC.
Bitcoin Cash (BCH) traded 2.6% higher against the dollar and now trades at $1,539.04 or 0.14200400 BTC.
Steem (STEEM) traded 3.6% higher against the dollar and now trades at $4.61 or 0.00042512 BTC.
Emercoin (EMC) traded up 5.2% against the dollar and now trades at $4.29 or 0.00039559 BTC.
Experience Points (XP) traded up 0.8% against the dollar and now trades at $0.0008 or 0.00000007 BTC.
BitcoinDark (BTCD) traded up 6.1% against the dollar and now trades at $123.46 or 0.01138940 BTC.
Counterparty (XCP) traded 1.1% higher against the dollar and now trades at $37.72 or 0.00348012 BTC.
Peercoin (PPC) traded 7.5% higher against the dollar and now trades at $3.98 or 0.00036740 BTC.
PACcoin (PAC) traded down 14% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
Crown (CRW) traded 13.7% higher against the dollar and now trades at $3.52 or 0.00032453 BTC.
About Steem Dollars

Steem Dollars (SBD) is a coin. Its genesis date was June 4th, 2016. Steem Dollars’ total supply is 9,038,235 coins. Steem Dollars’ official message board is steemit.com/@steemitblog. 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. 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. “

Buying and Selling Steem Dollars

Steem Dollars can be bought or sold on these cryptocurrency exchanges: Poloniex, HitBTC, Bittrex, OpenLedger DEX and Tidex. It is not 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 Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem Dollars using one of the exchanges listed above.

https://www.tradingview.com/chart/?t=10212618532e4e6becd6aa657d23b7

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