Decred (DCR) Price Reaches $27.69 on Top Exchanges

Decred (DCR) traded 0.4% lower against the US dollar during the twenty-four hour period ending at 7:00 AM ET on March 28th. One Decred coin can currently be bought for $27.69 or 0.00039093 BTC on major cryptocurrency exchanges. In the last seven days, Decred has traded 11% higher against the US dollar. Decred has a total market capitalization of $441.67 million and approximately $3.84 million worth of Decred was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• Compound (COMP) traded up 1.1% against the dollar and now trades at $78.70 or 0.00111110 BTC.
• Bitcoiva (BCA) traded up 4.3% against the dollar and now trades at $12.57 or 0.00017750 BTC.
• EverGrow Coin (EGC) traded down 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded down 0% against the dollar and now trades at $1.99 or 0.00002809 BTC.
• dForce USD (USX) traded 0.2% lower against the dollar and now trades at $0.99 or 0.00001396 BTC.
• Bitcoin Diamond (BCD) traded up 0.6% against the dollar and now trades at $0.14 or 0.00000194 BTC.
• WhiteCoin (XWC) traded down 6.5% against the dollar and now trades at $0.0239 or 0.00000034 BTC.
• ReddCoin (RDD) traded down 2.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded 2.5% lower against the dollar and now trades at $0.0455 or 0.00000064 BTC.
• Aion (AION) traded 16.3% lower against the dollar and now trades at $0.0023 or 0.00000003 BTC.

Decred Profile

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its launch date was February 8th, 2016. Decred’s total supply is 15,950,469 coins. The official message board for Decred is medium.com/decred. The official website for Decred is decred.org. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here.

According to CryptoCompare, “Decred (DCR) is a hybrid PoW/PoS blockchain-based cryptocurrency, designed to ensure community involvement, open governance, and sustainable development funding. Stakeholders, or DCR holders, play a pivotal role in determining consensus rules, the blockchain’s evolution, and treasury funds allocation. Block rewards in Decred are split between PoW miners (10%), stakeholders (80%), and the Decred Treasury (10%). Stakeholders can stake their DCR for voting tickets, which grants them the power to vote on rule change proposals and approve PoW miners’ work. The Decred Treasury’s usage is decided via Politeia proposals and voting by live ticket holders. Launched in 2016 by co-founders including Alex and Jake Yocom-Piatt, Decred aims to create a truly decentralized cryptocurrency governed actively by its community.”

Buying and Selling Decred

It is usually not currently possible to purchase alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView