Diamond (CURRENCY:DMD) traded down 0.7% against the US dollar during the one day period ending at 19:00 PM Eastern on January 20th. One Diamond coin can currently be bought for about $0.50 or 0.00005801 BTC on major cryptocurrency exchanges including Bittrex, CryptoBridge and Livecoin. Over the last seven days, Diamond has traded up 1.6% against the US dollar. Diamond has a market capitalization of $1.71 million and approximately $877.00 worth of Diamond was traded on exchanges in the last 24 hours.
Here is how similar cryptocurrencies have performed over the last 24 hours:
- Groestlcoin (GRS) traded down 0.6% against the dollar and now trades at $0.18 or 0.00002067 BTC.
- MicroBitcoin (MBC) traded 3.2% higher against the dollar and now trades at $0.0001 or 0.00000001 BTC.
- Riecoin (RIC) traded flat against the dollar and now trades at $0.0070 or 0.00000093 BTC.
- KARMA (KARMA) traded 0.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
- FairGame (FAIR) traded 6.9% lower against the dollar and now trades at $0.0043 or 0.00000043 BTC.
Diamond Coin Profile
DMD is a PoW/PoS coin that uses the Groestl hashing algorithm. It was first traded on July 13th, 2013. Diamond’s total supply is 3,407,089 coins. Diamond’s official website is bit.diamonds. Diamond’s official Twitter account is @dmdcoin and its Facebook page is accessible here. The Reddit community for Diamond is /r/dmd and the currency’s Github account can be viewed here.
According to CryptoCompare, “Algorithm is ASIC resistant Grøstl. 4.38 million total coins. Block solving target time ~ 100 seconds. Low transaction fee at 0.001. Mean time per block under 60 seconds. Difficulty retargets at every block. Endless Hybrid Network Security. Transaction Message. Fast and secure transactions with 6 required confirmations. Provision for continuous promotion and development. Brand new code base with up to date security patches and significant performance improvements. “
Buying and Selling Diamond
Diamond can be purchased on these cryptocurrency exchanges: Bittrex, CryptoBridge and Livecoin. It is usually not possible to purchase alternative cryptocurrencies such as Diamond directly using U.S. dollars. Investors seeking to trade Diamond should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Diamond using one of the exchanges listed above.
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