DigiByte (CURRENCY:DGB) traded 8.9% lower against the dollar during the 24-hour period ending at 20:00 PM Eastern on December 6th. DigiByte has a market cap of $115.46 million and $1.29 million worth of DigiByte was traded on exchanges in the last day. Over the last week, DigiByte has traded 25.3% lower against the dollar. One DigiByte coin can currently be bought for $0.0104 or 0.00000304 BTC on major exchanges including Bittrex, OKEx, CryptoBridge and C-Patex.
Here’s how related cryptocurrencies have performed over the last day:
- Primecoin (XPM) traded 9.7% lower against the dollar and now trades at $0.17 or 0.00005113 BTC.
- Myriad (XMY) traded down 10.1% against the dollar and now trades at $0.0015 or 0.00000043 BTC.
- Circuits of Value (COVAL) traded 13.2% lower against the dollar and now trades at $0.0015 or 0.00000044 BTC.
- Quark (QRK) traded 9.6% lower against the dollar and now trades at $0.0019 or 0.00000055 BTC.
- HunterCoin (HUC) traded 15.7% lower against the dollar and now trades at $0.0123 or 0.00000360 BTC.
- Joincoin (J) traded 8.9% lower against the dollar and now trades at $0.0156 or 0.00000457 BTC.
- BitQuark (BTQ) traded down 41.6% against the dollar and now trades at $0.0005 or 0.00000015 BTC.
DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 12th, 2014. DigiByte’s total supply is 11,146,992,393 coins. The Reddit community for DigiByte is /r/Digibyte and the currency’s Github account can be viewed here. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. DigiByte’s official website is www.digibyte.io.
According to CryptoCompare, “Security: DigiByte uses five highly advanced cryptographic algorithms. Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster. Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine. Worldwide: DigiBytes are already stored, traded and transacted in over 89 countries. Decentralization: There is no need for a middleman or third party or central server. Re-Spend: Send DigiBytes you received to someone else in as little as three minutes. Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network. Scarcity: 21 Billion DigiBytes will be created in 21 years. 1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month. Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms. Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology. Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world. Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users. A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe. “
Buying and Selling DigiByte
DigiByte can be traded on the following cryptocurrency exchanges: LiteBit.eu, OKEx, Huobi, Bittylicious, Upbit, YoBit, Cryptopia, Kucoin, Bittrex, Trade Satoshi, Cryptohub, OOOBTC, HitBTC, CryptoBridge, Bitbns, C-Patex, cfinex, Crex24, Trade By Trade, BiteBTC, Sistemkoin, Poloniex, Bit-Z, CoinExchange, Graviex and Livecoin. It is usually not possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DigiByte using one of the aforementioned exchanges.
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