Decred Reaches 24 Hour Trading Volume of $3.25 Million (DCR)

Decred (DCR) traded up 0% against the US dollar during the twenty-four hour period ending at 11:00 AM ET on April 10th. Over the last seven days, Decred has traded 5.1% higher against the US dollar. Decred has a total market cap of $398.80 million and $3.25 million worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can now be purchased for approximately $24.96 or 0.00036355 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Compound (COMP) traded 3.6% lower against the dollar and now trades at $70.53 or 0.00102744 BTC.
• Bitcoiva (BCA) traded 2.4% lower against the dollar and now trades at $10.71 or 0.00015607 BTC.
• EverGrow Coin (EGC) traded 1.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded 0% higher against the dollar and now trades at $1.99 or 0.00002900 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $0.98 or 0.00001427 BTC.
• Bitcoin Diamond (BCD) traded down 0.2% against the dollar and now trades at $0.13 or 0.00000187 BTC.
• WhiteCoin (XWC) traded 15.5% higher against the dollar and now trades at $0.0126 or 0.00000018 BTC.
• ReddCoin (RDD) traded down 22.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded 11.7% higher against the dollar and now trades at $0.0752 or 0.00000110 BTC.
• Aion (AION) traded up 7.5% against the dollar and now trades at $0.0021 or 0.00000003 BTC.

About Decred

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 15,980,918 coins. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. The official message board for Decred is medium.com/decred. The official website for Decred is decred.org.

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.”

Decred Coin Trading

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

DCR/USD price chart by TradingView