Steem Dollars (CURRENCY:SBD) traded down 1.9% against the US dollar during the 24 hour period ending at 5:00 AM ET on January 31st. In the last seven days, Steem Dollars has traded 24.5% lower against the US dollar. Steem Dollars has a market cap of $40.29 million and $14.41 million worth of Steem Dollars was traded on exchanges in the last day. One Steem Dollars coin can currently be bought for about $4.24 or 0.00042114 BTC on cryptocurrency exchanges including Poloniex, Tidex, HitBTC and Bittrex.
item Bitcoin (BTC) traded down 1.7% against the dollar and now trades at $10,283.20 or 1.00000000 BTC.
item Bitcoin Cash (BCH) traded up 2.1% against the dollar and now trades at $1,295.84 or 0.12779000 BTC.
item Steem (STEEM) traded 2.7% higher against the dollar and now trades at $3.67 or 0.00036209 BTC.
item Emercoin (EMC) traded 5.1% lower against the dollar and now trades at $4.13 or 0.00040754 BTC.
item Experience Points (XP) traded up 11.1% against the dollar and now trades at $0.0007 or 0.00000007 BTC.
item BitcoinDark (BTCD) traded down 8.9% against the dollar and now trades at $95.58 or 0.00948874 BTC.
item Peercoin (PPC) traded down 1.3% against the dollar and now trades at $3.42 or 0.00033991 BTC.
item Counterparty (XCP) traded down 3.8% against the dollar and now trades at $24.40 or 0.00242226 BTC.
item BitBean (BITB) traded 1.5% lower against the dollar and now trades at $0.0255 or 0.00000172 BTC.
item PACcoin (PAC) traded 12.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
Steem Dollars Profile
SBD is a coin. It was first traded on June 4th, 2016. Steem Dollars’ total supply is 9,498,450 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. “
Steem Dollars Coin Trading
Steem Dollars can be purchased on these cryptocurrency exchanges: Tidex, OpenLedger DEX, HitBTC, Poloniex and Bittrex. 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 Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem Dollars using one of the exchanges listed above.
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