Decred One Day Trading Volume Hits $2.75 Million (DCR)

Decred (DCR) traded 0.9% lower against the dollar during the 1 day period ending at 7:00 AM E.T. on February 10th. During the last week, Decred has traded up 4.3% against the dollar. One Decred coin can currently be purchased for about $16.27 or 0.00034425 BTC on popular exchanges. Decred has a market capitalization of $257.78 million and approximately $2.75 million worth of Decred was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

  • Compound (COMP) traded down 0.4% against the dollar and now trades at $54.45 or 0.00115220 BTC.
  • Bitcoiva (BCA) traded up 3.2% against the dollar and now trades at $10.06 or 0.00021275 BTC.
  • Safe (SAFE) traded 0.1% higher against the dollar and now trades at $3.56 or 0.00007531 BTC.
  • EverGrow Coin (EGC) traded down 1.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • WhiteCoin (XWC) traded up 15.2% against the dollar and now trades at $0.0450 or 0.00000095 BTC.
  • dForce USD (USX) traded up 0.1% against the dollar and now trades at $1.00 or 0.00002113 BTC.
  • Bitcoin Diamond (BCD) traded up 0.1% against the dollar and now trades at $0.0864 or 0.00000183 BTC.
  • Secret (SIE) traded up 3.6% against the dollar and now trades at $0.0028 or 0.00000006 BTC.
  • ReddCoin (RDD) traded up 52% against the dollar and now trades at $0.0002 or 0.00000000 BTC.
  • Navcoin (NAV) traded up 16.9% against the dollar and now trades at $0.0542 or 0.00000115 BTC.

Decred Profile

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 15,843,997 coins. Decred’s official message board is medium.com/decred. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. Decred’s official website is decred.org. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here.

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.”

Buying and Selling Decred

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

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