BlackCoin Trading 7.8% Higher Over Last 7 Days (BLK)

BlackCoin (CURRENCY:BLK) traded 12.6% higher against the US dollar during the 1-day period ending at 23:00 PM Eastern on April 7th. In the last week, BlackCoin has traded up 7.8% against the US dollar. BlackCoin has a total market cap of $4.65 million and approximately $1.43 million worth of BlackCoin was traded on exchanges in the last 24 hours. One BlackCoin coin can currently be bought for $0.0768 or 0.00000136 BTC on major exchanges.

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

  • Qtum (QTUM) traded 13.1% lower against the dollar and now trades at $14.52 or 0.00025682 BTC.
  • BitBay (BAY) traded 0% higher against the dollar and now trades at $0.18 or 0.00001849 BTC.
  • Radium (RADS) traded 167.5% higher against the dollar and now trades at $2.07 or 0.00008889 BTC.
  • NuShares (NSR) traded down 4.6% against the dollar and now trades at $0.0009 or 0.00000002 BTC.
  • Atmos (ATMOS) traded down 6.1% against the dollar and now trades at $0.0206 or 0.00000036 BTC.
  • Global Currency Reserve (GCR) traded 51.1% lower against the dollar and now trades at $0.0006 or 0.00000001 BTC.
  • Rubycoin (RBY) traded down 7.8% against the dollar and now trades at $0.14 or 0.00000248 BTC.

BlackCoin Coin Profile

BlackCoin (BLK) is a proof-of-stake (PoS) coin that uses the Proof of Stake hashing algorithm. It was first traded on February 24th, 2014. BlackCoin’s total supply is 60,586,956 coins. The Reddit community for BlackCoin is /r/blackcoin and the currency’s Github account can be viewed here. The official website for BlackCoin is blackcoin.org. BlackCoin’s official Twitter account is @CoinBlack and its Facebook page is accessible here.

According to CryptoCompare, “BlackCoin has seen initial success due to its innovative features. The coin has incorporated bitcoin upgrades to reduce transaction risk. The coin initially uses proof of work as well as proof of stake, with the proof of work being dropped after the 10000th block. The advantages of Blackcoins proof of stake is that it has extremely fast transaction confirmation times at ten seconds – compared to bitcoins ten minutes plus. The other bonus is the low energy consumption without PoW mining. Interest is paid annually at a 1% rate – well below the present global average. “

BlackCoin Coin Trading

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

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