DigiByte (CURRENCY:DGB) traded 1.5% lower against the U.S. dollar during the one day period ending at 13:00 PM ET on October 2nd. One DigiByte coin can now be bought for approximately $0.0254 or 0.00000385 BTC on popular exchanges including HitBTC, Sistemkoin, Upbit and LiteBit.eu. DigiByte has a market cap of $277.26 million and approximately $3.64 million worth of DigiByte was traded on exchanges in the last day. In the last week, DigiByte has traded 3.1% higher against the U.S. dollar.
Here’s how similar cryptocurrencies have performed in the last day:
Primecoin (XPM) traded 3% higher against the dollar and now trades at $0.59 or 0.00008854 BTC.
Myriad (XMY) traded 0.5% lower against the dollar and now trades at $0.0030 or 0.00000046 BTC.
Circuits of Value (COVAL) traded up 2.3% against the dollar and now trades at $0.0033 or 0.00000050 BTC.
Quark (QRK) traded down 17.1% against the dollar and now trades at $0.0086 or 0.00000130 BTC.
HunterCoin (HUC) traded 8.7% lower against the dollar and now trades at $0.0396 or 0.00000599 BTC.
Joincoin (J) traded 5.9% lower against the dollar and now trades at $0.0277 or 0.00000419 BTC.
BitQuark (BTQ) traded down 0.5% against the dollar and now trades at $0.0017 or 0.00000025 BTC.
DigiByte (CRYPTO:DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It was first traded on January 12th, 2014. DigiByte’s total supply is 10,900,583,914 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. 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.
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: Bit-Z, LiteBit.eu, YoBit, Cryptohub, Poloniex, Huobi, cfinex, Bittrex, BiteBTC, OOOBTC, HitBTC, Kucoin, Bitbns, CoinExchange, Sistemkoin, Crex24, Trade By Trade, C-Patex, Livecoin, Trade Satoshi, Bittylicious, Upbit, OKEx, CryptoBridge, Cryptopia and Graviex. It is usually not 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 exchanges listed above.
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