Dero Price Hits $2.42 on Top Exchanges (DERO)

Dero (DERO) traded 4.9% lower against the U.S. dollar during the 1 day period ending at 11:00 AM E.T. on May 30th. In the last week, Dero has traded 11.5% lower against the U.S. dollar. Dero has a market cap of $34.70 million and approximately $12,000.86 worth of Dero was traded on exchanges in the last day. One Dero coin can currently be bought for approximately $2.42 or 0.00003544 BTC on cryptocurrency exchanges.

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

  • Bitcoin (BTC) traded 1.6% higher against the dollar and now trades at $68,411.55 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded down 3.2% against the dollar and now trades at $0.16 or 0.00000234 BTC.
  • Bitcoin Cash (BCH) traded down 0% against the dollar and now trades at $468.05 or 0.00684163 BTC.
  • Litecoin (LTC) traded up 1.1% against the dollar and now trades at $84.73 or 0.00123854 BTC.
  • UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $5.96 or 0.00008718 BTC.
  • Ethereum Classic (ETC) traded 1.3% lower against the dollar and now trades at $30.05 or 0.00043922 BTC.
  • Arweave (AR) traded up 12.6% against the dollar and now trades at $43.91 or 0.00064189 BTC.
  • Monero (XMR) traded 2.8% higher against the dollar and now trades at $145.96 or 0.00213354 BTC.
  • Bitcoin SV (BSV) traded up 0.2% against the dollar and now trades at $62.50 or 0.00091354 BTC.
  • eCash (XEC) traded down 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Dero Profile

Dero (CRYPTO:DERO) is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. Its genesis date was June 27th, 2018. Dero’s total supply is 18,400,000 coins and its circulating supply is 14,312,916 coins. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here. The Reddit community for Dero is and the currency’s Github account can be viewed here. The official message board for Dero is The official website for Dero is

According to CryptoCompare, “Dero is a crypto project to combine a proof-of-work blockchain with a DAG block structure and wholly anonymous transactions. It aims to be a revolutionary improvement from existing privacy coins like Monero (XMR) or Z-Cash (ZEC). Dero intends to do that by combining the best of both consensus mechanisms.

Its implementation builds out a main chain from the DAG network of blocks, which refers to main blocks and side blocks. Side blocks contribute to chain proof-of-work security, making traditional 51% attacks impossible. In contrast to traditional blockchains, Dero considers the transaction as the smallest unit of computation, not the block. Therefore, blocks on Dero can contain duplicate or double-spend transactions, but these are filtered by the client protocol and ignored by the network.

Dero aims to manage combining the security and decentralization of a proof-of-work blockchain with the scalability and transaction speed of DAG technology. Dero’s goal is a blockchain network that can serve businesses and individuals worldwide and support secure, fast, and anonymous transactions and smart contract execution.”

Dero Coin Trading

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

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