Syscoin (SYS) One Day Trading Volume Tops $1.80 Million

Syscoin (SYS) traded 0.5% lower against the US dollar during the 1 day period ending at 21:00 PM ET on October 8th. One Syscoin coin can now be purchased for about $0.10 or 0.00000162 BTC on popular exchanges. Over the last week, Syscoin has traded 4.1% higher against the US dollar. Syscoin has a market cap of $79.74 million and $1.80 million worth of Syscoin was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 0.2% lower against the dollar and now trades at $62,279.59 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.7% higher against the dollar and now trades at $328.74 or 0.00527850 BTC.
• Arweave (AR) traded up 0.7% against the dollar and now trades at $19.12 or 0.00030695 BTC.
• Bitcoin SV (BSV) traded down 0.3% against the dollar and now trades at $45.79 or 0.00073525 BTC.
• eCash (XEC) traded down 1.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

Syscoin is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 16th, 2014. Syscoin’s total supply is 792,569,633 coins. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. Syscoin’s official message board 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.

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 presently possible to buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to acquire Syscoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView