Siacoin Price Tops $0.0078 on Top Exchanges (SC)

Siacoin (SC) traded down 2.7% against the U.S. dollar during the 1 day period ending at 18:00 PM E.T. on April 23rd. One Siacoin coin can currently be purchased for about $0.0078 or 0.00000012 BTC on cryptocurrency exchanges. During the last seven days, Siacoin has traded up 9.5% against the U.S. dollar. Siacoin has a market capitalization of $447.18 million and $10.91 million worth of Siacoin was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $66,428.01 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.9% against the dollar and now trades at $0.16 or 0.00000241 BTC.
• Bitcoin Cash (BCH) traded 4% lower against the dollar and now trades at $506.27 or 0.00762133 BTC.
• Litecoin (LTC) traded down 0.9% against the dollar and now trades at $85.05 or 0.00128038 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $5.76 or 0.00008670 BTC.
• Ethereum Classic (ETC) traded down 0.7% against the dollar and now trades at $28.24 or 0.00042508 BTC.
• Monero (XMR) traded up 0.1% against the dollar and now trades at $121.78 or 0.00183329 BTC.
• Arweave (AR) traded 4.6% lower against the dollar and now trades at $33.84 or 0.00050943 BTC.
• Bitcoin SV (BSV) traded down 1.8% against the dollar and now trades at $71.80 or 0.00108088 BTC.
• eCash (XEC) traded 1.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Siacoin

Siacoin (SC) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It launched on June 1st, 2015. Siacoin’s total supply is 57,035,415,000 coins and its circulating supply is 57,008,346,857 coins. Siacoin’s official Twitter account is @sia__foundation and its Facebook page is accessible here. The Reddit community for Siacoin is https://reddit.com/r/siacoin and the currency’s Github account can be viewed here. Siacoin’s official website is sia.tech.

According to CryptoCompare, “Siacoin (SC) is the native token of the Sia network, a decentralized storage platform facilitating global disk storage contributions to create a secure and private alternative to centralized cloud storage. Users can rent storage from hosts using Siacoin, with transactions managed by smart storage contracts on the Sia blockchain. These contracts ensure that hosts are paid only after securely storing a client’s file for a specified duration, incentivizing reliable storage. The concept for Sia and Siacoin was conceived by David Vorick and Luke Champine, founders of Skynet Labs, at an MIT hackathon in 2013. Skynet Labs, formerly Nebulous, continues to evolve the platform, aiming to build a decentralized internet through its application hosting and storage.”

Siacoin Coin Trading

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

SC/USD price chart by TradingView