Reef (REEF) Price Tops $0.0013

Reef (REEF) traded 5.2% higher against the dollar during the one day period ending at 8:00 AM E.T. on November 5th. During the last seven days, Reef has traded 12.1% lower against the dollar. Reef has a market capitalization of $29.61 million and $4.68 million worth of Reef was traded on exchanges in the last day. One Reef coin can currently be purchased for about $0.0013 or 0.00000002 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.5% lower against the dollar and now trades at $68,681.53 or 0.99928806 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.1% against the dollar and now trades at $68,602.09 or 0.99813236 BTC.

Reef Coin Profile

REEF uses the hashing algorithm. It launched on December 1st, 2020. Reef’s total supply is 22,821,409,581 coins. The Reddit community for Reef is https://reddit.com/r/reefdefi and the currency’s Github account can be viewed here. Reef’s official message board is medium.com/@reefdefi. The official website for Reef is reef.io. Reef’s official Twitter account is @reef_chain and its Facebook page is accessible here.

According to CryptoCompare, “Reef (REEF) is a blockchain-based platform streamlining DeFi access through a cross-chain liquidity aggregator and yield engine. Created by Denko Mancheski, it supports multiple blockchains, including Ethereum, Binance Smart Chain, and Polkadot. REEF is the native utility token on Reef chain, used for transaction fees (gas), on-chain governance (NPoS and PoC), and collateral within the ecosystem. With a flexible supply, its deflationary fee burn model offsets governance and chain running costs. Users can stake REEF tokens to participate in governance and earn rewards. Reef chain is an advanced smart contracts blockchain, backwards-compatible with Ethereum EVM, featuring runtime upgradability, on-chain governance, and high throughput. ERC-20 REEF tokens can be converted to Reef chain native tokens via Gate.io exchange. Reef’s goal is to simplify DeFi by offering a single location for lending, borrowing, staking, and trading.”

Buying and Selling Reef

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

REEF/USD price chart by TradingView