Decred (DCR) Price Reaches $28.16 on Top Exchanges

Decred (DCR) traded up 1% against the dollar during the twenty-four hour period ending at 16:00 PM E.T. on March 29th. Decred has a total market cap of $449.20 million and $3.00 million worth of Decred was traded on exchanges in the last 24 hours. Over the last week, Decred has traded up 11.2% against the dollar. One Decred coin can now be bought for about $28.16 or 0.00040439 BTC on popular exchanges.

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

• Compound (COMP) traded 1.4% higher against the dollar and now trades at $79.51 or 0.00114191 BTC.
• Bitcoiva (BCA) traded 0.5% lower against the dollar and now trades at $12.24 or 0.00017582 BTC.
• EverGrow Coin (EGC) traded 4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded 0% higher against the dollar and now trades at $1.99 or 0.00002859 BTC.
• dForce USD (USX) traded 0.7% lower against the dollar and now trades at $0.98 or 0.00001405 BTC.
• Bitcoin Diamond (BCD) traded 1.3% higher against the dollar and now trades at $0.14 or 0.00000207 BTC.
• WhiteCoin (XWC) traded up 31.2% against the dollar and now trades at $0.0249 or 0.00000036 BTC.
• ReddCoin (RDD) traded up 30.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded up 8.2% against the dollar and now trades at $0.0494 or 0.00000071 BTC.
• Aion (AION) traded down 12.2% against the dollar and now trades at $0.0022 or 0.00000003 BTC.

Decred Coin Profile

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 15,953,905 coins. Decred’s official website is decred.org. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. 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.

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 buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView