Siacoin (SC) traded 2.6% lower against the US dollar during the twenty-four hour period ending at 20:00 PM Eastern on April 26th. During the last week, Siacoin has traded 0.4% higher against the US dollar. Siacoin has a total market capitalization of $214.71 million and approximately $19.92 million worth of Siacoin was traded on exchanges in the last day. One Siacoin coin can currently be bought for about $0.0040 or 0.00000014 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 2.8% higher against the dollar and now trades at $29,193.84 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0% against the dollar and now trades at $0.0800 or 0.00000274 BTC.
• Litecoin (LTC) traded down 1.4% against the dollar and now trades at $89.80 or 0.00307587 BTC.
• UNUS SED LEO (LEO) traded 1.1% lower against the dollar and now trades at $3.52 or 0.00012059 BTC.
• Monero (XMR) traded 1.4% lower against the dollar and now trades at $157.83 or 0.00540639 BTC.
• Ethereum Classic (ETC) traded 0.4% lower against the dollar and now trades at $19.69 or 0.00067449 BTC.
• Bitcoin Cash (BCH) traded 0.5% lower against the dollar and now trades at $119.50 or 0.00409328 BTC.
• DEI (DEI) traded up 0.4% against the dollar and now trades at $0.21 or 0.00000734 BTC.
• Pax Dollar (USDP) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00003432 BTC.
• Conflux (CFX) traded up 5% against the dollar and now trades at $0.33 or 0.00001135 BTC.

About Siacoin

Siacoin is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It launched on June 1st, 2015. Siacoin's total supply is 53,890,672,991 coins. Siacoin's official Twitter account is @skynetlabs and its Facebook page is accessible here. Siacoin's official website is sia.tech. The Reddit community for Siacoin is and the currency's Github account can be viewed here.

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 currently possible to purchase alternative cryptocurrencies such as Siacoin directly using US dollars. Investors seeking to acquire Siacoin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Siacoin using one of the aforementioned exchanges.

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