Reef Trading Up 44.9% This Week (REEF)

Reef (REEF) traded up 4.9% against the dollar during the 24 hour period ending at 17:00 PM Eastern on September 9th. Reef has a market cap of $35.24 million and approximately $33.56 million worth of Reef was traded on exchanges in the last day. One Reef coin can currently be purchased for $0.0015 or 0.00000003 BTC on popular cryptocurrency exchanges. In the last week, Reef has traded up 44.9% against the dollar.

Here is how other cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 5.7% against the dollar and now trades at $0.0630 or 0.00000111 BTC.

Reef Profile

Reef (REEF) uses the hashing algorithm. It was first traded on December 1st, 2020. Reef’s total supply is 22,821,409,581 coins. The Reddit community for Reef is https://reddit.com/r/reefdefi and the currency’s Github account can be viewed here. Reef’s official website is reef.io. Reef’s official message board is medium.com/@reefdefi. Reef’s official Twitter account is @reef_chain and its Facebook page is accessible here.

According to CryptoCompare, “Reef (REEF) is a blockchain-based platform streamlining DeFi access through a cross-chain liquidity aggregator and yield engine. Created by Denko Mancheski, it supports multiple blockchains, including Ethereum, Binance Smart Chain, and Polkadot. REEF is the native utility token on Reef chain, used for transaction fees (gas), on-chain governance (NPoS and PoC), and collateral within the ecosystem. With a flexible supply, its deflationary fee burn model offsets governance and chain running costs. Users can stake REEF tokens to participate in governance and earn rewards. Reef chain is an advanced smart contracts blockchain, backwards-compatible with Ethereum EVM, featuring runtime upgradability, on-chain governance, and high throughput. ERC-20 REEF tokens can be converted to Reef chain native tokens via Gate.io exchange. Reef’s goal is to simplify DeFi by offering a single location for lending, borrowing, staking, and trading.”

Reef Coin Trading

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

REEF/USD price chart by TradingView