Syscoin Reaches 24-Hour Trading Volume of $1.71 Million (SYS)

Syscoin (SYS) traded 4.5% higher against the US dollar during the 1 day period ending at 0:00 AM ET on October 4th. One Syscoin coin can currently be bought for $0.0969 or 0.00000157 BTC on major exchanges. In the last seven days, Syscoin has traded 20.5% lower against the US dollar. Syscoin has a total market capitalization of $76.82 million and approximately $1.71 million worth of Syscoin was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

  • Bitcoin (BTC) traded up 1.4% against the dollar and now trades at $61,852.39 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 0.6% higher against the dollar and now trades at $321.94 or 0.00520505 BTC.
  • Arweave (AR) traded 2.1% higher against the dollar and now trades at $18.45 or 0.00029835 BTC.
  • Bitcoin SV (BSV) traded 1.5% higher against the dollar and now trades at $45.43 or 0.00073445 BTC.
  • eCash (XEC) traded up 1.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

Syscoin (CRYPTO:SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 16th, 2014. Syscoin’s total supply is 792,569,633 coins. Syscoin’s official website is syscoin.org. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. The official message board for Syscoin is syscoin.org/news.

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.”

Syscoin Coin Trading

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

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