DigiByte (CURRENCY:DGB) traded 2% lower against the US dollar during the 24 hour period ending at 16:00 PM ET on September 9th. During the last seven days, DigiByte has traded up 2.5% against the US dollar. DigiByte has a market capitalization of $271.55 million and $3.27 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can now be bought for about $0.0251 or 0.00000387 BTC on popular cryptocurrency exchanges including YoBit, HitBTC, Livecoin and LiteBit.eu.
Here’s how similar cryptocurrencies have performed during the last 24 hours:
Primecoin (XPM) traded 1.5% higher against the dollar and now trades at $0.73 or 0.00011312 BTC.
Myriad (XMY) traded 3.7% higher against the dollar and now trades at $0.0031 or 0.00000047 BTC.
Circuits of Value (COVAL) traded down 0.3% against the dollar and now trades at $0.0026 or 0.00000040 BTC.
Quark (QRK) traded 0.4% lower against the dollar and now trades at $0.0072 or 0.00000110 BTC.
HunterCoin (HUC) traded 3.4% lower against the dollar and now trades at $0.0514 or 0.00000791 BTC.
Joincoin (J) traded 3.7% higher against the dollar and now trades at $0.0405 or 0.00000623 BTC.
BitQuark (BTQ) traded 40.2% lower against the dollar and now trades at $0.0016 or 0.00000024 BTC.
DigiByte (DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 12th, 2014. DigiByte’s total supply is 10,802,431,809 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The official website for DigiByte 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. “
Buying and Selling DigiByte
DigiByte can be bought or sold on the following cryptocurrency exchanges: cfinex, LiteBit.eu, Graviex, Trade Satoshi, Livecoin, Bitbns, HitBTC, BiteBTC, C-Patex, Crex24, Kucoin, CoinExchange, Cryptohub, YoBit, Bittylicious, Bittrex, OOOBTC, Trade By Trade, CryptoBridge, Cryptopia, OKEx, Upbit, Huobi, Sistemkoin, Bit-Z and Poloniex. It is usually not currently possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DigiByte using one of the aforementioned exchanges.
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