DigiByte Hits Market Cap of $327.02 Million (DGB) $DGB

DigiByte (CURRENCY:DGB) traded 0.8% lower against the U.S. dollar during the 24-hour period ending at 7:00 AM ET on June 12th. One DigiByte coin can currently be bought for approximately $0.0315 or 0.00000460 BTC on major cryptocurrency exchanges including OKEx, Vebitcoin, YoBit and Bittylicious. Over the last seven days, DigiByte has traded down 4.2% against the U.S. dollar. DigiByte has a market cap of $327.02 million and $3.33 million worth of DigiByte was traded on exchanges in the last day.

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

  • Primecoin (XPM) traded down 3.1% against the dollar and now trades at $1.67 or 0.00024437 BTC.
  • Myriad (XMY) traded up 2.5% against the dollar and now trades at $0.0051 or 0.00000075 BTC.
  • Circuits of Value (COVAL) traded down 4.7% against the dollar and now trades at $0.0051 or 0.00000075 BTC.
  • Quark (QRK) traded down 1.7% against the dollar and now trades at $0.0094 or 0.00000137 BTC.
  • HunterCoin (HUC) traded 2.2% higher against the dollar and now trades at $0.0662 or 0.00000966 BTC.
  • Joincoin (J) traded 1.5% higher against the dollar and now trades at $0.0546 or 0.00000797 BTC.
  • BitQuark (BTQ) traded up 0.4% against the dollar and now trades at $0.0055 or 0.00000080 BTC.

About DigiByte

DigiByte (CRYPTO:DGB) 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 10,380,161,931 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. DigiByte’s official website is www.digibyte.io. The Reddit community for DigiByte is /r/Digibyte and the currency’s Github account can be viewed 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 traded on these cryptocurrency exchanges: Cryptohub, Crex24, cfinex, LiteBit.eu, CryptoBridge, Bit-Z, Kucoin, HitBTC, Bittrex, Upbit, Sistemkoin, YoBit, OKEx, Vebitcoin, Trade By Trade, Cryptopia, Livecoin, Poloniex, Bittylicious, Bitbns, CoinExchange and Trade Satoshi. It is usually not currently 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 Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DigiByte using one of the aforementioned exchanges.

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