Syscoin 24 Hour Trading Volume Reaches $3.53 Million (SYS)

Syscoin (SYS) traded 3.2% higher against the dollar during the 24-hour period ending at 18:00 PM E.T. on April 16th. One Syscoin coin can currently be purchased for $0.22 or 0.00000348 BTC on major exchanges. In the last week, Syscoin has traded down 19.6% against the dollar. Syscoin has a market capitalization of $173.91 million and approximately $3.53 million worth of Syscoin was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded up 0.4% against the dollar and now trades at $63,786.12 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.6% lower against the dollar and now trades at $488.14 or 0.00766209 BTC.
• Arweave (AR) traded down 5.5% against the dollar and now trades at $24.70 or 0.00038767 BTC.
• Bitcoin SV (BSV) traded 2.4% higher against the dollar and now trades at $67.48 or 0.00105914 BTC.
• eCash (XEC) traded 1.5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Syscoin

Syscoin (SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 16th, 2014. Syscoin’s total supply is 783,921,818 coins. The official website for Syscoin is syscoin.org. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. Syscoin’s official message board is syscoin.org/news.

According to CryptoCompare, “Syscoin (SYS) is a blockchain protocol founded in 2014 by Sebastian Schepis, designed to merge the security of Bitcoin with the functionality of Ethereum into a single, scalable platform. It supports the creation of decentralized applications and custom tokens, leveraging a dual-chain architecture that includes the Ethereum-compatible NEVM and a Bitcoin-based Syscoin UTXO blockchain. Syscoin aims to offer fast, secure, and low-cost transactions, with features like optimistic and ZK rollups for enhanced scalability. Led by the non-profit Syscoin Foundation, with development spearheaded by SYS Labs, the ecosystem fosters innovation in decentralized finance (DeFi) and NFT marketplaces. Syscoin’s unique blend of Bitcoin’s and Ethereum’s strengths positions it as a versatile and efficient blockchain for a wide range of applications.”

Buying and Selling Syscoin

It is usually not presently possible to purchase alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to trade Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView