DigiByte (CURRENCY:DGB) traded 6.6% higher against the US dollar during the 24 hour period ending at 22:00 PM Eastern on July 18th. DigiByte has a market capitalization of $141.98 million and approximately $2.13 million worth of DigiByte was traded on exchanges in the last day. One DigiByte coin can now be purchased for about $0.0118 or 0.00000112 BTC on exchanges including Bitbns, Trade Satoshi, Poloniex and CoinExchange. During the last week, DigiByte has traded down 1.8% against the US dollar.
Here’s how related cryptocurrencies have performed during the last day:
- Primecoin (XPM) traded 12.9% higher against the dollar and now trades at $0.17 or 0.00001651 BTC.
- Myriad (XMY) traded 8.5% higher against the dollar and now trades at $0.0014 or 0.00000013 BTC.
- Quark (QRK) traded flat against the dollar and now trades at $0.0053 or 0.00000065 BTC.
- Circuits of Value (COVAL) traded flat against the dollar and now trades at $0.0009 or 0.00000010 BTC.
- HunterCoin (HUC) traded flat against the dollar and now trades at $0.0027 or 0.00000036 BTC.
- Joincoin (J) traded 15% higher against the dollar and now trades at $0.0075 or 0.00000071 BTC.
- BitQuark (BTQ) traded flat against the dollar and now trades at $0.0006 or 0.00000015 BTC.
DigiByte Coin Profile
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 12,044,931,701 coins. The Reddit community for DigiByte is /r/Digibyte and the currency’s Github account can be viewed here. The official website for DigiByte 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 bought or sold on these cryptocurrency exchanges: cfinex, Kucoin, Huobi, Crex24, Cryptohub, Bittylicious, Trade Satoshi, Graviex, Livecoin, Cryptopia, Bit-Z, BiteBTC, Trade By Trade, OOOBTC, OKEx, LiteBit.eu, Bittrex, Bitbns, Upbit, C-Patex, CryptoBridge, CoinExchange, HitBTC, Sistemkoin, YoBit and Poloniex. It is usually not presently 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 Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigiByte using one of the exchanges listed above.
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