DubaiCoin Reaches Market Capitalization of $2.83 Million (DBIX)

DubaiCoin (CURRENCY:DBIX) traded down 1.7% against the U.S. dollar during the 24 hour period ending at 9:00 AM Eastern on November 1st. One DubaiCoin coin can now be bought for approximately $1.27 or 0.00020058 BTC on major cryptocurrency exchanges including HitBTC, Livecoin and Cryptopia. DubaiCoin has a market cap of $2.83 million and $28,759.00 worth of DubaiCoin was traded on exchanges in the last 24 hours. Over the last week, DubaiCoin has traded 29.2% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

  • Qtum (QTUM) traded 3% higher against the dollar and now trades at $3.85 or 0.00060817 BTC.
  • Lisk (LSK) traded up 1.1% against the dollar and now trades at $2.76 or 0.00043585 BTC.
  • Waves (WAVES) traded up 2.4% against the dollar and now trades at $1.82 or 0.00028833 BTC.
  • Nxt (NXT) traded 0% lower against the dollar and now trades at $0.0632 or 0.00000999 BTC.
  • Neblio (NEBL) traded down 1.1% against the dollar and now trades at $2.59 or 0.00040879 BTC.
  • Blocknet (BLOCK) traded 4.3% higher against the dollar and now trades at $3.98 or 0.00062967 BTC.
  • BitBay (BAY) traded 0.5% higher against the dollar and now trades at $0.0190 or 0.00000301 BTC.
  • WhiteCoin (XWC) traded 4.4% higher against the dollar and now trades at $0.0673 or 0.00001064 BTC.
  • Global Currency Reserve (GCR) traded up 0.7% against the dollar and now trades at $0.16 or 0.00002461 BTC.
  • Clams (CLAM) traded down 2.3% against the dollar and now trades at $1.59 or 0.00025102 BTC.

DubaiCoin Coin Profile

DBIX is a proof-of-work (PoW) coin that uses the Proof of Stake hashing algorithm. DubaiCoin’s total supply is 2,232,901 coins. The official website for DubaiCoin is www.arabianchain.org. The Reddit community for DubaiCoin is /r/ArabianChain and the currency’s Github account can be viewed here. DubaiCoin’s official Twitter account is @DubaiCoin_org and its Facebook page is accessible here.

Buying and Selling DubaiCoin

DubaiCoin can be traded on the following cryptocurrency exchanges: Cryptopia, HitBTC and Livecoin. It is usually not currently possible to buy alternative cryptocurrencies such as DubaiCoin directly using U.S. dollars. Investors seeking to acquire DubaiCoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DubaiCoin using one of the aforementioned exchanges.

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