DigiByte (CURRENCY:DGB) traded down 8.1% against the dollar during the 24 hour period ending at 15:00 PM ET on October 4th. DigiByte has a total market capitalization of $255.93 million and $3.10 million worth of DigiByte was traded on exchanges in the last 24 hours. Over the last week, DigiByte has traded 4.8% lower against the dollar. One DigiByte coin can currently be purchased for approximately $0.0235 or 0.00000375 BTC on popular exchanges including cfinex, CryptoBridge, Crex24 and Bit-Z.
Here is how related cryptocurrencies have performed over the last 24 hours:
Primecoin (XPM) traded 15% lower against the dollar and now trades at $0.52 or 0.00008357 BTC.
Myriad (XMY) traded 5.9% lower against the dollar and now trades at $0.0029 or 0.00000046 BTC.
Circuits of Value (COVAL) traded 16% lower against the dollar and now trades at $0.0031 or 0.00000049 BTC.
Quark (QRK) traded 10.9% lower against the dollar and now trades at $0.0075 or 0.00000120 BTC.
HunterCoin (HUC) traded up 7.2% against the dollar and now trades at $0.0372 or 0.00000595 BTC.
Joincoin (J) traded down 7.3% against the dollar and now trades at $0.0270 or 0.00000432 BTC.
BitQuark (BTQ) traded flat against the dollar and now trades at $0.0016 or 0.00000026 BTC.
DigiByte Coin Profile
DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 12th, 2014. DigiByte’s total supply is 10,909,477,974 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. “
Buying and Selling DigiByte
DigiByte can be purchased on the following cryptocurrency exchanges: LiteBit.eu, Trade By Trade, CoinExchange, YoBit, CryptoBridge, Poloniex, OOOBTC, OKEx, Bit-Z, Crex24, Kucoin, C-Patex, Bittylicious, Graviex, Bittrex, Huobi, Cryptohub, HitBTC, BiteBTC, Sistemkoin, Trade Satoshi, cfinex, Bitbns, Upbit, Cryptopia and Livecoin. It is usually not currently possible to buy alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigiByte using one of the aforementioned exchanges.
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