Decred (DCR) Reaches One Day Trading Volume of $1.29 Million

Decred (DCR) traded down 0% against the dollar during the one day period ending at 22:00 PM E.T. on November 20th. Over the last week, Decred has traded 6.2% higher against the dollar. Decred has a total market cap of $240.76 million and approximately $1.29 million worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can now be bought for approximately $15.38 or 0.00040993 BTC on major cryptocurrency exchanges.

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

• Compound (COMP) traded down 2.5% against the dollar and now trades at $50.95 or 0.00135793 BTC.
• Bitcoiva (BCA) traded 3.3% lower against the dollar and now trades at $9.06 or 0.00024134 BTC.
• Safe (SAFE) traded down 0% against the dollar and now trades at $3.00 or 0.00008006 BTC.
• WhiteCoin (XWC) traded 31.3% lower against the dollar and now trades at $0.0448 or 0.00000119 BTC.
• BlueArk (BRK) traded flat against the dollar and now trades at $0.0010 or 0.00000004 BTC.
• dForce USD (USX) traded down 1.3% against the dollar and now trades at $1.00 or 0.00002654 BTC.
• EverGrow Coin (EGC) traded 6.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Bitcoin Diamond (BCD) traded up 30.8% against the dollar and now trades at $0.0785 or 0.00000209 BTC.
• Secret (SIE) traded up 12.5% against the dollar and now trades at $0.0031 or 0.00000008 BTC.
• Navcoin (NAV) traded 2.3% lower against the dollar and now trades at $0.0379 or 0.00000101 BTC.

Decred Profile

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 15,653,211 coins. Decred’s official message board is medium.com/decred. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. The official website for Decred is decred.org.

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.”

Buying and Selling Decred

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

DCR/USD price chart by TradingView