Syscoin (SYS) 1-Day Volume Hits $2.61 Million

Syscoin (SYS) traded 11.3% higher against the U.S. dollar during the one day period ending at 18:00 PM ET on November 5th. During the last seven days, Syscoin has traded 11.8% lower against the U.S. dollar. Syscoin has a total market capitalization of $72.87 million and $2.61 million worth of Syscoin was traded on exchanges in the last day. One Syscoin coin can currently be bought for about $0.0912 or 0.00000131 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 2.3% higher against the dollar and now trades at $69,414.60 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 4.5% against the dollar and now trades at $343.09 or 0.00494258 BTC.
• Bitcoin SV (BSV) traded up 4.2% against the dollar and now trades at $46.87 or 0.00067527 BTC.
• Arweave (AR) traded 6% higher against the dollar and now trades at $13.64 or 0.00019648 BTC.
• eCash (XEC) traded 3.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

SYS is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 16th, 2014. Syscoin’s total supply is 798,888,913 coins. Syscoin’s official message board is syscoin.org/news. The official website for Syscoin 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.

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 purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to trade Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView