Siacoin (SC) Trading 24.1% Higher Over Last 7 Days

Siacoin (SC) traded 2.3% lower against the dollar during the one day period ending at 0:00 AM Eastern on March 18th. One Siacoin coin can currently be purchased for approximately $0.0042 or 0.00000016 BTC on cryptocurrency exchanges. Siacoin has a total market cap of $226.81 million and $6.44 million worth of Siacoin was traded on exchanges in the last 24 hours. Over the last week, Siacoin has traded 24.1% higher against the dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 0.4% against the dollar and now trades at $27,286.66 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.7% lower against the dollar and now trades at $0.0751 or 0.00000275 BTC.
• Litecoin (LTC) traded down 3.1% against the dollar and now trades at $84.19 or 0.00308539 BTC.
• UNUS SED LEO (LEO) traded down 5.6% against the dollar and now trades at $3.35 or 0.00012272 BTC.
• Ethereum Classic (ETC) traded down 2.9% against the dollar and now trades at $21.42 or 0.00078485 BTC.
• Monero (XMR) traded down 0.2% against the dollar and now trades at $153.90 or 0.00563995 BTC.
• Bitcoin Cash (BCH) traded 2.4% lower against the dollar and now trades at $134.22 or 0.00491879 BTC.
• DEI (DEI) traded 1.3% lower against the dollar and now trades at $0.20 or 0.00000722 BTC.
• Conflux (CFX) traded 0.9% higher against the dollar and now trades at $0.41 or 0.00001490 BTC.
• Pax Dollar (USDP) traded down 0.8% against the dollar and now trades at $0.99 or 0.00003645 BTC.

Siacoin Profile

SC is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its genesis date was June 1st, 2015. Siacoin’s total supply is 53,590,792,991 coins. The official website for Siacoin is sia.tech. The Reddit community for Siacoin is https://reddit.com/r/siacoin and the currency’s Github account can be viewed here. Siacoin’s official Twitter account is @skynetlabs and its Facebook page is accessible here.

According to CryptoCompare, “Sia is a decentralized storage platform where users contribute disk storage from their computers to create a decentralized network. Users can rent storage from hosts on Sia using siacoins, and smart storage contracts on the Sia blockchain ensure payment to the host only after keeping the file for a specific amount of time. The distributed nature of the Sia network offers benefits in latency, throughput, reliability, and security, and anyone with storage can get paid, reducing the overall price of cloud storage. The Sia cryptocurrency is live, and the platform is still in beta, supporting uploads that are 500mb or less in size.”

Siacoin Coin Trading

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

SC/USD price chart by TradingView