Decred Reaches 24 Hour Trading Volume of $813,296.65 (DCR)

Decred (DCR) traded up 3.4% against the U.S. dollar during the 1 day period ending at 13:00 PM Eastern on October 20th. One Decred coin can now be purchased for approximately $12.91 or 0.00018860 BTC on major exchanges. Decred has a market cap of $211.58 million and approximately $813,296.65 worth of Decred was traded on exchanges in the last 24 hours. During the last week, Decred has traded 4% higher against the U.S. dollar.

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

• Compound (COMP) traded up 2.7% against the dollar and now trades at $46.41 or 0.00067817 BTC.
• Bitcoiva (BCA) traded up 1.5% against the dollar and now trades at $4.48 or 0.00006552 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001455 BTC.
• WhiteCoin (XWC) traded 9.8% higher against the dollar and now trades at $0.0156 or 0.00000023 BTC.
• Bitcoin Diamond (BCD) traded 1.9% higher against the dollar and now trades at $0.0634 or 0.00000093 BTC.
• Navcoin (NAV) traded down 1.3% against the dollar and now trades at $0.0309 or 0.00000045 BTC.
• Memetic (MEME) traded up 0.7% against the dollar and now trades at $0.0132 or 0.00000019 BTC.
• ReddCoin (RDD) traded up 6.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded 0.5% higher against the dollar and now trades at $26,004.90 or 0.37998589 BTC.
• Aion (AION) traded 0% higher against the dollar and now trades at $0.0014 or 0.00000002 BTC.

About Decred

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,392,567 coins. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. The official website for Decred is decred.org. Decred’s official message board is medium.com/decred. Decred’s official Twitter account is @decredproject and its Facebook page is accessible 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.”

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView