Bytecent (CURRENCY:BYC) traded flat against the dollar during the 24 hour period ending at 18:00 PM E.T. on November 8th. Bytecent has a market capitalization of $134,136.00 and $0.00 worth of Bytecent was traded on exchanges in the last 24 hours. One Bytecent coin can currently be purchased for approximately $0.0568 or 0.00000883 BTC on popular exchanges. Over the last week, Bytecent has traded 18.8% lower against the dollar.
Here’s how similar cryptocurrencies have performed over the last 24 hours:
- APIS (APIS) traded down 1.3% against the dollar and now trades at $0.0037 or 0.00000058 BTC.
- Ripio Credit Network (RCN) traded 4.2% higher against the dollar and now trades at $0.0366 or 0.00000568 BTC.
- Bismuth (BIS) traded 0.7% lower against the dollar and now trades at $0.66 or 0.00010285 BTC.
- MARK.SPACE (MRK) traded 21.2% lower against the dollar and now trades at $0.0169 or 0.00000261 BTC.
- Elastic (XEL) traded down 1.4% against the dollar and now trades at $0.0812 or 0.00001259 BTC.
- Banyan Network (BBN) traded down 2.3% against the dollar and now trades at $0.0071 or 0.00000110 BTC.
- Golos (GOLOS) traded up 27.7% against the dollar and now trades at $0.0204 or 0.00000316 BTC.
- MIB Coin (MIB) traded 6.7% lower against the dollar and now trades at $0.0526 or 0.00000815 BTC.
- POPCHAIN (PCH) traded 5.8% lower against the dollar and now trades at $0.0065 or 0.00000100 BTC.
- Acute Angle Cloud (AAC) traded 3.2% lower against the dollar and now trades at $0.0081 or 0.00000126 BTC.
Bytecent Coin Profile
According to CryptoCompare, “Proof of Bytecent is an innovative earning system that employs captcha technology to limit network abuses while keeping the earning process tangible. POB requires workers to enter a human readable captcha code every sixty minutes to maintain the earning process without interruption. POB time can be extended without entering the captcha code by storing x amount of coins in the local wallet. For example, If 25 Bytecent are required to extend POB time for one hour, a worker will need a total of 575 Bytecent stored in his/her local wallet to extend POB time for a total of 24 hours. Bytecent utilized for POB can be used anytime and are not locked from being spent like with Proof of Stake coins. The number of coins required to extend POB time is based on numerous factors including current price, total volume, and demand. 1.POB renders botnets ineffective, while dramatically reducing the effectiveness of mining farms. 2.POB generates demand for Bytecent while keeping the available Bytecent in circulation low. 3.Workers are rewarded by storing more Bytecent in their local wallets. 4.Sell pressure from workers and merchant dumping is significantly reduced. 5.Fewer Bytecent are stored on exchanges and other centralized platforms. “
Buying and Selling Bytecent
Bytecent can be traded on these cryptocurrency exchanges: Bittrex. It is usually not currently possible to purchase alternative cryptocurrencies such as Bytecent directly using U.S. dollars. Investors seeking to acquire Bytecent should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bytecent using one of the aforementioned exchanges.
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