Decred (DCR) Price Reaches $14.98 on Top Exchanges

Decred (DCR) traded 2.3% lower against the U.S. dollar during the 24 hour period ending at 15:00 PM E.T. on November 17th. One Decred coin can now be purchased for $14.98 or 0.00041102 BTC on exchanges. Decred has a market cap of $234.41 million and approximately $1.21 million worth of Decred was traded on exchanges in the last 24 hours. In the last seven days, Decred has traded 4.8% higher against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Compound (COMP) traded 3.3% lower against the dollar and now trades at $52.08 or 0.00142889 BTC.
• Bitcoiva (BCA) traded 0.1% higher against the dollar and now trades at $9.76 or 0.00026777 BTC.
• Safe (SAFE) traded up 0% against the dollar and now trades at $3.00 or 0.00008239 BTC.
• WhiteCoin (XWC) traded up 19.2% against the dollar and now trades at $0.0648 or 0.00000178 BTC.
• dForce USD (USX) traded 3.1% higher against the dollar and now trades at $1.02 or 0.00002794 BTC.
• BlueArk (BRK) traded flat against the dollar and now trades at $0.0010 or 0.00000004 BTC.
• EverGrow Coin (EGC) traded 1.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Bitcoin Diamond (BCD) traded up 1.4% against the dollar and now trades at $0.0791 or 0.00000217 BTC.
• Secret (SIE) traded down 2.5% against the dollar and now trades at $0.0025 or 0.00000007 BTC.
• ReddCoin (RDD) traded up 5.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Decred Profile

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 15,646,241 coins. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. Decred’s official website is decred.org. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. The official message board for Decred is medium.com/decred.

According to CryptoCompare, “Decred (DCR) is a hybrid PoW/PoS blockchain-based cryptocurrency, designed to ensure community involvement, open governance, and sustainable development funding. Stakeholders, or DCR holders, play a pivotal role in determining consensus rules, the blockchain’s evolution, and treasury funds allocation. Block rewards in Decred are split between PoW miners (10%), stakeholders (80%), and the Decred Treasury (10%). Stakeholders can stake their DCR for voting tickets, which grants them the power to vote on rule change proposals and approve PoW miners’ work. The Decred Treasury’s usage is decided via Politeia proposals and voting by live ticket holders. Launched in 2016 by co-founders including Alex and Jake Yocom-Piatt, Decred aims to create a truly decentralized cryptocurrency governed actively by its community.”

Decred Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView