DigiByte (CURRENCY:DGB) traded down 5.6% against the U.S. dollar during the 1 day period ending at 16:00 PM E.T. on September 21st. During the last seven days, DigiByte has traded 19.4% lower against the U.S. dollar. One DigiByte coin can currently be bought for $0.0457 or 0.00000108 BTC on popular exchanges. DigiByte has a market capitalization of $670.89 million and approximately $28.55 million worth of DigiByte was traded on exchanges in the last day.
Here is how other cryptocurrencies have performed during the last day:
- Circuits of Value (COVAL) traded up 6.1% against the dollar and now trades at $0.0153 or 0.00000036 BTC.
- Quark (QRK) traded 10% lower against the dollar and now trades at $0.0257 or 0.00000061 BTC.
- Myriad (XMY) traded down 10.8% against the dollar and now trades at $0.0026 or 0.00000006 BTC.
- Primecoin (XPM) traded 4.5% lower against the dollar and now trades at $0.11 or 0.00000252 BTC.
- TeeCoin (TEC) traded flat against the dollar and now trades at $0.0013 or 0.00000007 BTC.
- Safari (SFR) traded 0.6% lower against the dollar and now trades at $0.0063 or 0.00000014 BTC.
DigiByte Coin Profile
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
It is usually not possible to buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the aforementioned exchanges.
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