Syscoin One Day Volume Reaches $2.80 Million (SYS)

Syscoin (SYS) traded 4.5% lower against the US dollar during the twenty-four hour period ending at 17:00 PM E.T. on April 26th. One Syscoin coin can now be bought for about $0.23 or 0.00000353 BTC on popular exchanges. Syscoin has a total market capitalization of $176.63 million and $2.80 million worth of Syscoin was traded on exchanges in the last day. During the last week, Syscoin has traded down 0.7% against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 1.2% against the dollar and now trades at $63,898.15 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.5% higher against the dollar and now trades at $488.49 or 0.00764487 BTC.
• Arweave (AR) traded 14.9% lower against the dollar and now trades at $31.34 or 0.00049051 BTC.
• Bitcoin SV (BSV) traded 1.5% lower against the dollar and now trades at $66.37 or 0.00103872 BTC.
• eCash (XEC) traded up 0.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Syscoin Profile

Syscoin (SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 16th, 2014. Syscoin’s total supply is 783,921,818 coins. The official message board for Syscoin is syscoin.org/news. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. Syscoin’s official website is syscoin.org. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here.

According to CryptoCompare, “Syscoin (SYS) is a blockchain protocol founded in 2014 by Sebastian Schepis, designed to merge the security of Bitcoin with the functionality of Ethereum into a single, scalable platform. It supports the creation of decentralized applications and custom tokens, leveraging a dual-chain architecture that includes the Ethereum-compatible NEVM and a Bitcoin-based Syscoin UTXO blockchain. Syscoin aims to offer fast, secure, and low-cost transactions, with features like optimistic and ZK rollups for enhanced scalability. Led by the non-profit Syscoin Foundation, with development spearheaded by SYS Labs, the ecosystem fosters innovation in decentralized finance (DeFi) and NFT marketplaces. Syscoin’s unique blend of Bitcoin’s and Ethereum’s strengths positions it as a versatile and efficient blockchain for a wide range of applications.”

Buying and Selling Syscoin

It is usually not possible to purchase alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to trade Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView