DigiByte (CURRENCY:DGB) traded 7% lower against the U.S. dollar during the 24-hour period ending at 8:00 AM ET on April 25th. One DigiByte coin can currently be purchased for $0.0350 or 0.00000431 BTC on cryptocurrency exchanges including Poloniex, Bitbns, Kucoin and HitBTC. Over the last seven days, DigiByte has traded 10.7% lower against the U.S. dollar. DigiByte has a total market cap of $359.03 million and $4.62 million worth of DigiByte was traded on exchanges in the last 24 hours.
Here’s how other cryptocurrencies have performed over the last 24 hours:
- Primecoin (XPM) traded 5.5% higher against the dollar and now trades at $2.39 or 0.00029473 BTC.
- Myriad (XMY) traded 4.6% lower against the dollar and now trades at $0.0072 or 0.00000089 BTC.
- Circuits of Value (COVAL) traded 2.8% lower against the dollar and now trades at $0.0071 or 0.00000088 BTC.
- Quark (QRK) traded 2.3% lower against the dollar and now trades at $0.0169 or 0.00000208 BTC.
- HunterCoin (HUC) traded down 4.7% against the dollar and now trades at $0.12 or 0.00001486 BTC.
- Joincoin (J) traded up 6% against the dollar and now trades at $0.0638 or 0.00000787 BTC.
- BitQuark (BTQ) traded up 9.7% against the dollar and now trades at $0.0105 or 0.00000129 BTC.
DigiByte Coin Profile
DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It was first traded on January 10th, 2014. DigiByte’s total supply is 10,268,093,789 coins. The Reddit community for DigiByte is /r/Digibyte and the currency’s Github account can be viewed here. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The official website for DigiByte is www.digibyte.io.
According to CryptoCompare, “Security: DigiByte uses five highly advanced cryptographic algorithms. Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster. Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine. Worldwide: DigiBytes are already stored, traded and transacted in over 89 countries. Decentralization: There is no need for a middleman or third party or central server. Re-Spend: Send DigiBytes you received to someone else in as little as three minutes. Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network. Scarcity: 21 Billion DigiBytes will be created in 21 years. 1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month. Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms. Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology. Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world. Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users. A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe. “
Buying and Selling DigiByte
DigiByte can be purchased on the following cryptocurrency exchanges: Poloniex, Bit-Z, Bittrex, Trade By Trade, Cryptohub, Vebitcoin, OKEx, Sistemkoin, HitBTC, Bitbns, Crex24, Kucoin, CoinExchange, YoBit, Bittylicious, LiteBit.eu, CryptoBridge, Cryptopia, Livecoin, Trade Satoshi, Upbit and cfinex. It is usually not possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the exchanges listed above.
Receive News & Ratings for DigiByte Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for DigiByte and related companies with MarketBeat.com’s FREE daily email newsletter.