Syscoin Price Hits $0.49 on Exchanges (SYS)

Syscoin (SYS) traded 5% lower against the U.S. dollar during the one day period ending at 8:00 AM Eastern on April 18th. Over the last week, Syscoin has traded 6.5% lower against the U.S. dollar. Syscoin has a market capitalization of $314.23 million and $5.29 million worth of Syscoin was traded on exchanges in the last 24 hours. One Syscoin coin can now be bought for approximately $0.49 or 0.00001250 BTC on major exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Dogecoin (DOGE) traded down 5.3% against the dollar and now trades at $0.14 or 0.00000347 BTC.
• Litecoin (LTC) traded 6% lower against the dollar and now trades at $107.00 or 0.00272599 BTC.
• UNUS SED LEO (LEO) traded down 0.2% against the dollar and now trades at $5.81 or 0.00014793 BTC.
• Polymath (POLY) traded 8.7% lower against the dollar and now trades at $0.39 or 0.00001001 BTC.
• Hellenic Coin (HNC) traded flat against the dollar and now trades at $3.68 or 0.00010892 BTC.
• ConstitutionDAO (PEOPLE) traded down 9.2% against the dollar and now trades at $0.0472 or 0.00000120 BTC.
• Verge (XVG) traded 5.7% lower against the dollar and now trades at $0.0100 or 0.00000025 BTC.
• Presearch (PRE) traded up 5.2% against the dollar and now trades at $0.17 or 0.00000433 BTC.
• XeniosCoin (XNC) traded 0% lower against the dollar and now trades at $0.65 or 0.00001655 BTC.
• Bytom (BTM) traded down 6.1% against the dollar and now trades at $0.0225 or 0.00000057 BTC.

About Syscoin

Syscoin (SYS) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its launch date was April 27th, 2014. Syscoin’s total supply is 640,596,181 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The Reddit community for Syscoin is /r/SysCoin and the currency’s Github account can be viewed here. The official website for Syscoin is syscoin.org.

According to CryptoCompare, “SysCoin is a proof of work based alternative crypto currency with a block time of sixty seconds and 2 billion total currency units to be produced. “

Buying and Selling Syscoin

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