Syscoin Hits 1-Day Volume of $2.39 Million (SYS)

Syscoin (SYS) traded 4.2% higher against the U.S. dollar during the 1 day period ending at 11:00 AM Eastern on March 2nd. Over the last seven days, Syscoin has traded 8.6% lower against the U.S. dollar. One Syscoin coin can now be bought for approximately $0.0617 or 0.00000070 BTC on major cryptocurrency exchanges. Syscoin has a total market capitalization of $49.69 million and approximately $2.39 million worth of Syscoin was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 3.7% against the dollar and now trades at $87,900.76 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 5.2% higher against the dollar and now trades at $325.14 or 0.00369895 BTC.
• Bitcoin SV (BSV) traded 2.2% higher against the dollar and now trades at $35.30 or 0.00040157 BTC.
• Arweave (AR) traded up 2.3% against the dollar and now trades at $8.22 or 0.00009353 BTC.
• eCash (XEC) traded 2.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Syscoin

Syscoin (CRYPTO: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 805,202,128 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. Syscoin’s official website is syscoin.org. The official message board for Syscoin is syscoin.org/news. 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 currently 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, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView