Siacoin (SC) traded 8.3% lower against the dollar during the twenty-four hour period ending at 19:00 PM ET on April 19th. In the last week, Siacoin has traded down 6.1% against the dollar. One Siacoin coin can now be purchased for approximately $0.0040 or 0.00000014 BTC on major cryptocurrency exchanges. Siacoin has a market cap of $213.26 million and $5.28 million worth of Siacoin was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 4.5% lower against the dollar and now trades at $28,974.42 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6.4% lower against the dollar and now trades at $0.0876 or 0.00000302 BTC.
• Litecoin (LTC) traded down 8.9% against the dollar and now trades at $92.56 or 0.00319464 BTC.
• UNUS SED LEO (LEO) traded down 1% against the dollar and now trades at $3.38 or 0.00011682 BTC.
• Ethereum Classic (ETC) traded down 6.8% against the dollar and now trades at $20.35 or 0.00070247 BTC.
• Monero (XMR) traded down 5.4% against the dollar and now trades at $153.85 or 0.00530972 BTC.
• Bitcoin Cash (BCH) traded 5.9% lower against the dollar and now trades at $125.41 or 0.00432816 BTC.
• DEI (DEI) traded down 0.5% against the dollar and now trades at $0.22 or 0.00000755 BTC.
• Pax Dollar (USDP) traded down 0.5% against the dollar and now trades at $1.00 or 0.00003436 BTC.
• Conflux (CFX) traded 12.6% lower against the dollar and now trades at $0.32 or 0.00001103 BTC.

Siacoin Coin Profile

SC is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its launch date was June 1st, 2015. Siacoin's total supply is 53,860,402,991 coins. The Reddit community for Siacoin is and the currency's Github account can be viewed here. Siacoin's official Twitter account is @skynetlabs and its Facebook page is accessible here. Siacoin's official website is sia.tech.

According to CryptoCompare, "Sia is a decentralized storage platform where users contribute disk storage from their computers to create a decentralized network. Users can rent storage from hosts on Sia using siacoins, and smart storage contracts on the Sia blockchain ensure payment to the host only after keeping the file for a specific amount of time. The distributed nature of the Sia network offers benefits in latency, throughput, reliability, and security, and anyone with storage can get paid, reducing the overall price of cloud storage. The Sia cryptocurrency is live, and the platform is still in beta, supporting uploads that are 500mb or less in size."

Buying and Selling Siacoin

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

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