DeFi

DeFiChain (DFI) down 0.5% over last week

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DeFiChain (DFI) fell 2.3% against the US dollar in the twenty-four-hour period ending at 8:00 a.m. ET on July 19. Over the past seven days, DeFiChain has fallen 0.5% against the US dollar. DeFiChain has a market cap of $24.90 million and $1.93 million worth of DeFiChain has been traded on exchanges in the last 24 hours. One DeFiChain coin can now be purchased for $0.0300 or 0.00000047 BTC on exchanges.

Here is how the associated cryptocurrencies performed over the past 24 hours:

  • KILT Protocol (KILT) fell 2.5% against the dollar and is now trading at $0.20 or 0.00000304 BTC.
  • Aidi Finance (BSC) (AIDI) fell 2.2% against the dollar and is now trading at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) fell 2.2% against the dollar and is now trading at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) fell 2.2% against the dollar and is now trading at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) rose 1.9% against the dollar and is now trading at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) gained 1.2% against the dollar and is now trading at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) fell 2.2% against the dollar and is now trading at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) gained 0.8% against the dollar and is now trading at $0.0130 or 0.00000020 BTC.
  • AXIA Coin (AXC) fell 0.1% against the dollar and is now trading at $13.43 or 0.00048094 BTC.

DeFiChain Coin Profile

DeFiChain was first traded on May 11, 2020. The total supply of DeFiChain is 1,149,747,373 coins and its circulating supply is 828,936,348 coins. The official website of DeFiChain is defichain.com. The Reddit community for DeFiChain is https://reddit.com/r/defiblockchain and the currency’s Github account can be viewed hereThe official DeFiChain forum is blog.defichain.comThe official Twitter account of DeFiChain is @defichain and his Facebook page is accessible here.

According to CryptoCompare, “The DFI coin is a unit of account in DeFiChain, a decentralized blockchain platform that aims to enable fast, transparent, and accessible decentralized financial services. The DeFiChain Foundation has issued approximately 600 million DFI as of May 2020, and the platform operates on a proof-of-stake consensus mechanism. DeFiChain offers high transaction throughput, reliable decentralized governance, and security by anchoring its most recent Merkle root to the Bitcoin blockchain every few minutes. The DeFi Foundation is located in Singapore and is led by veteran blockchain experts Dr. Julian Hosp and U-zyn Chua.”

Buying and Selling DeFiChain

It is not currently generally possible to purchase alternative cryptocurrencies such as DeFiChain directly using US dollars. Investors wishing to trade DeFiChain must first purchase Bitcoin or Ethereum using an exchange that deals in US dollars, such as CoinbaseChangelly or GDAX. Investors can then use their newly acquired Bitcoin or Ethereum to purchase DeFiChain using one of the aforementioned exchanges.

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