Siacoin (SC) Price Reaches $0.0086 on Major Exchanges

Siacoin (SC) traded 1.6% lower against the US dollar during the 24-hour period ending at 20:00 PM ET on February 5th. During the last seven days, Siacoin has traded down 3.9% against the US dollar. One Siacoin coin can currently be bought for approximately $0.0086 or 0.00000020 BTC on cryptocurrency exchanges. Siacoin has a total market capitalization of $484.38 million and $8.83 million worth of Siacoin was traded on exchanges in the last 24 hours.

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

  • Bitcoin (BTC) traded up 0.5% against the dollar and now trades at $42,690.26 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 0.7% higher against the dollar and now trades at $0.0784 or 0.00000184 BTC.
  • Litecoin (LTC) traded 1.4% higher against the dollar and now trades at $67.96 or 0.00159194 BTC.
  • Bitcoin Cash (BCH) traded up 0% against the dollar and now trades at $235.25 or 0.00551057 BTC.
  • UNUS SED LEO (LEO) traded 1.1% higher against the dollar and now trades at $4.06 or 0.00009514 BTC.
  • Ethereum Classic (ETC) traded down 1.3% against the dollar and now trades at $24.27 or 0.00056846 BTC.
  • Monero (XMR) traded down 1% against the dollar and now trades at $165.41 or 0.00387461 BTC.
  • Bitcoin SV (BSV) traded up 2.2% against the dollar and now trades at $71.92 or 0.00168468 BTC.
  • NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
  • IOTA (MIOTA) traded up 1.9% against the dollar and now trades at $0.24 or 0.00000569 BTC.

About Siacoin

Siacoin 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 56,436,585,000 coins and its circulating supply is 56,411,812,570 coins. Siacoin’s official Twitter account is @sia__foundation and its Facebook page is accessible here. 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.

According to CryptoCompare, “Siacoin (SC) is the native token of the Sia network, a decentralized storage platform facilitating global disk storage contributions to create a secure and private alternative to centralized cloud storage. Users can rent storage from hosts using Siacoin, with transactions managed by smart storage contracts on the Sia blockchain. These contracts ensure that hosts are paid only after securely storing a client’s file for a specified duration, incentivizing reliable storage. The concept for Sia and Siacoin was conceived by David Vorick and Luke Champine, founders of Skynet Labs, at an MIT hackathon in 2013. Skynet Labs, formerly Nebulous, continues to evolve the platform, aiming to build a decentralized internet through its application hosting and storage.”

Siacoin Coin Trading

It is usually not 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Siacoin using one of the aforementioned exchanges.

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