Syscoin Price Hits $0.0192 on Top Exchanges (SYS)

Syscoin (SYS) traded down 1.4% against the dollar during the twenty-four hour period ending at 14:00 PM E.T. on January 12th. Syscoin has a total market cap of $16.31 million and approximately $1.88 million worth of Syscoin was traded on exchanges in the last day. One Syscoin coin can currently be bought for approximately $0.0192 or 0.00000021 BTC on popular exchanges. In the last seven days, Syscoin has traded down 6.2% against the dollar.

Here is how related cryptocurrencies have performed in the last day:

• Arweave (AR) traded 1.9% lower against the dollar and now trades at $3.70 or 0.00004034 BTC.
• Bitcoin (BTC) traded 1.2% higher against the dollar and now trades at $91,705.99 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 5.4% lower against the dollar and now trades at $620.57 or 0.00676525 BTC.
• Bitcoin SV (BSV) traded down 1.1% against the dollar and now trades at $19.32 or 0.00021058 BTC.
• eCash (XEC) traded down 0.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

Syscoin (CRYPTO:SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 16th, 2014. Syscoin’s total supply is 848,972,568 coins. The official website for Syscoin is syscoin.org. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible 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.”

Syscoin Coin Trading

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

SYS/USD price chart by TradingView