DigiByte (CURRENCY:DGB) traded up 3% against the U.S. dollar during the 24-hour period ending at 6:00 AM Eastern on April 24th. DigiByte has a market capitalization of $477.60 million and $7.33 million worth of DigiByte was traded on exchanges in the last day. One DigiByte coin can now be bought for about $0.0467 or 0.00000512 BTC on major cryptocurrency exchanges including Trade Satoshi, Poloniex, Sistemkoin and OKEx. During the last seven days, DigiByte has traded 4.7% higher against the U.S. dollar.
Here’s how similar cryptocurrencies have performed during the last day:
- Primecoin (XPM) traded down 11.7% against the dollar and now trades at $2.15 or 0.00023602 BTC.
- Myriad (XMY) traded down 6.9% against the dollar and now trades at $0.0098 or 0.00000107 BTC.
- Circuits of Value (COVAL) traded down 6.9% against the dollar and now trades at $0.0078 or 0.00000086 BTC.
- Quark (QRK) traded 4% lower against the dollar and now trades at $0.0195 or 0.00000214 BTC.
- HunterCoin (HUC) traded down 5.4% against the dollar and now trades at $0.14 or 0.00001505 BTC.
- Joincoin (J) traded down 1.1% against the dollar and now trades at $0.0468 or 0.00000513 BTC.
- BitQuark (BTQ) traded down 1.9% against the dollar and now trades at $0.0127 or 0.00000139 BTC.
DigiByte Coin Profile
DGB is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 10th, 2014. DigiByte’s total supply is 10,227,010,573 coins. The Reddit community for DigiByte is /r/Digibyte and the currency’s Github account can be viewed here. DigiByte’s official website is www.digibyte.io. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here.
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. “
DigiByte Coin Trading
DigiByte can be purchased on these cryptocurrency exchanges: Bittrex, Trade Satoshi, Cryptohub, HitBTC, LiteBit.eu, Upbit, YoBit, CryptoBridge, CoinExchange, Kucoin, Livecoin, Bittylicious, Vebitcoin, Sistemkoin, Bitbns, Poloniex, cfinex, Cryptopia, Bit-Z, Trade By Trade, OKEx and BuyUcoin. It is usually not presently possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DigiByte using one of the exchanges listed above.
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