Bytecent (CURRENCY:BYC) traded flat against the U.S. dollar during the 1 day period ending at 14:00 PM E.T. on October 30th. In the last week, Bytecent has traded 18.8% lower against the U.S. dollar. One Bytecent coin can currently be purchased for $0.0568 or 0.00000883 BTC on cryptocurrency exchanges. Bytecent has a market cap of $134,136.00 and approximately $0.00 worth of Bytecent was traded on exchanges in the last 24 hours.
Here is how related cryptocurrencies have performed in the last 24 hours:
- Ripio Credit Network (RCN) traded down 4.8% against the dollar and now trades at $0.0305 or 0.00000485 BTC.
- APIS (APIS) traded 8.3% lower against the dollar and now trades at $0.0028 or 0.00000045 BTC.
- Bismuth (BIS) traded down 7.3% against the dollar and now trades at $0.66 or 0.00010500 BTC.
- Elastic (XEL) traded down 5.1% against the dollar and now trades at $0.0656 or 0.00001044 BTC.
- Banyan Network (BBN) traded down 0.6% against the dollar and now trades at $0.0072 or 0.00000114 BTC.
- MARK.SPACE (MRK) traded up 2.7% against the dollar and now trades at $0.0060 or 0.00000096 BTC.
- POPCHAIN (PCH) traded down 5.9% against the dollar and now trades at $0.0069 or 0.00000109 BTC.
- Acute Angle Cloud (AAC) traded 3.4% higher against the dollar and now trades at $0.0088 or 0.00000139 BTC.
- MIB Coin (MIB) traded down 2.2% against the dollar and now trades at $0.0497 or 0.00000789 BTC.
- Vezt (VZT) traded down 27.4% against the dollar and now trades at $0.0264 or 0.00000418 BTC.
According to CryptoCompare, “Proof of Bytecent is an innovative earning system that employs captcha technology to limit network abuses while keeping the earning process tangible. POB requires workers to enter a human readable captcha code every sixty minutes to maintain the earning process without interruption. POB time can be extended without entering the captcha code by storing x amount of coins in the local wallet. For example, If 25 Bytecent are required to extend POB time for one hour, a worker will need a total of 575 Bytecent stored in his/her local wallet to extend POB time for a total of 24 hours. Bytecent utilized for POB can be used anytime and are not locked from being spent like with Proof of Stake coins. The number of coins required to extend POB time is based on numerous factors including current price, total volume, and demand. 1.POB renders botnets ineffective, while dramatically reducing the effectiveness of mining farms. 2.POB generates demand for Bytecent while keeping the available Bytecent in circulation low. 3.Workers are rewarded by storing more Bytecent in their local wallets. 4.Sell pressure from workers and merchant dumping is significantly reduced. 5.Fewer Bytecent are stored on exchanges and other centralized platforms. “
Buying and Selling Bytecent
Bytecent can be traded on these cryptocurrency exchanges: Bittrex. It is usually not currently possible to buy alternative cryptocurrencies such as Bytecent directly using US dollars. Investors seeking to acquire Bytecent should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bytecent using one of the exchanges listed above.
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