Siacoin (SC) 24 Hour Trading Volume Tops $3.18 Million

traded on exchanges in the last 24 hours. Siacoin is a decentralized storage platform that allows users to rent out extra storage space. Siacoin traded down 0.2% against the dollar.

() fell 0.2% in value against the US dollar over the 24 hour period ending at 0:00 am ET on the 15th of April. Siacoin's total market capital is $233.15 millions and the exchanges have traded $3.18million worth of Siacoin in the past day. On popular cryptocurrency exchanges, one Siacoin can be bought for $0.0043 (or 0.00000014 BTC). Siacoin's value against the dollar has fallen 1% in the past seven days.

The performance of similar cryptocurrencies over the past day is shown below:

Bitcoin (BTC), which is currently valued at $30,282.31, or 1.00000000 BTC, has traded down 0.3% against the US dollar.

Dogecoin (DOGE), which is currently trading at $0.0897, or 0.00000296 BTC, has traded 1.8% higher in relation to the dollar.

Litecoin, or LTC, is now trading at $96.17 (0.00317583 BTC), up 0.7% from the previous day.

UNUS SED LEO LEO (LEO), which is currently trading at $3.40, or 0.00011214 BTC, has fallen 2.2% in value against the dollar.

Ethereum Classic (ETC), which is a cryptocurrency, traded 0.6% lower than the dollar. It now trades for $22.04 or about 0.00072769 BTC.

Monero (XMR), which is a cryptocurrency, has traded up by 0.2% in relation to the dollar. It now trades for $162.20 / 0.00535620 BTC.

Bitcoin Cash (BCH), which is currently trading at $132.24, or 0.00436687 BTC, has gained 0.9% in value against the US dollar.

DEI (DEI), which trades for $0.22 or 0.00000722 BTC, is down 10.9% against the dollar.

Conflux (CFX), which trades for $0.38 or 0.00001246 BTC, is now 1.4% higher than the dollar.

Pax Dollar (USDP), which trades for $1.00 or 0.00003299 BTC, has fallen 0.3% in value against the dollar.

It is a Proof-of-Work (PoW), coin that uses Blake2b hashing algorithms. It was launched on 1st June 2015. The total supply of Siacoin is 53,844,202.991 coins. Here is a link to the article

CryptoCompare states that 'Sia, is a platform for decentralized storage where users can contribute their computer disk space to create a network. Siacoins are used to rent out storage space from hosts. Smart storage contracts, which run on the Sia Blockchain, ensure that the host is paid only when the file has been kept for a certain amount of time. Sia's distributed network provides benefits in terms of latency, reliability, security and throughput. Anyone with storage is able to get paid and this reduces the cost of cloud storage. The Sia crypto is now live and the platform, which is still in beta stage, supports uploads of 500mb in size or less.

Siacoin Buying and selling

Currently, it is not possible to buy alternative cryptocurrencies like Siacoin using U.S. Dollars. Investors who want to purchase Siacoin first need to buy Bitcoin or Ethereum on an exchange dealing in U.S. Dollars such as GDAX or Changelly.’s FREE CryptoBeat Newsletter