DubaiCoin (CRYPTO:DBIX) Trading Down 28.4% This Week

DubaiCoin (CURRENCY:DBIX) traded down 14% against the U.S. dollar during the one day period ending at 21:00 PM ET on February 20th. One DubaiCoin coin can now be purchased for approximately $3.65 or 0.00044667 BTC on exchanges including Cryptopia, Livecoin and HitBTC. During the last seven days, DubaiCoin has traded 28.4% lower against the U.S. dollar. DubaiCoin has a total market capitalization of $8.13 million and $59,503.00 worth of DubaiCoin was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

  • Lisk (LSK) traded down 18.3% against the dollar and now trades at $11.56 or 0.00141503 BTC.
  • Qtum (QTUM) traded down 15.7% against the dollar and now trades at $15.56 or 0.00190484 BTC.
  • Waves (WAVES) traded 12.2% lower against the dollar and now trades at $4.96 or 0.00060655 BTC.
  • Nxt (NXT) traded 17.2% lower against the dollar and now trades at $0.13 or 0.00001642 BTC.
  • Neblio (NEBL) traded down 17.8% against the dollar and now trades at $9.59 or 0.00117427 BTC.
  • NAV Coin (NAV) traded 0.3% lower against the dollar and now trades at $1.90 or 0.00016391 BTC.
  • Blocknet (BLOCK) traded down 11.2% against the dollar and now trades at $21.65 or 0.00265017 BTC.
  • BitBay (BAY) traded 16.3% lower against the dollar and now trades at $0.0476 or 0.00000583 BTC.
  • WhiteCoin (XWC) traded down 15.9% against the dollar and now trades at $0.0879 or 0.00001075 BTC.
  • BlackCoin (BLK) traded down 12.2% against the dollar and now trades at $0.26 or 0.00003163 BTC.

DubaiCoin Coin Profile

DubaiCoin (CURRENCY:DBIX) is a proof-of-work (PoW) coin that uses the Proof of Stake hashing algorithm. It launched on February 20th, 2016. DubaiCoin’s total supply is 2,231,419 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.

According to CryptoCompare, “BIX is an advanced version of DubaiCoin with improved security and greater efficiency to support money transfers and global payments, along with fueling the Arabian Chain platform. It's a Proof of Work cryptocurrency based on the Dagger-Hashimoto algorithm. “

DubaiCoin Coin Trading

DubaiCoin can be purchased on the following cryptocurrency exchanges: HitBTC, Cryptopia and Livecoin. It is not presently possible to buy DubaiCoin directly using US dollars. Investors seeking to trade DubaiCoin must first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DubaiCoin using one of the exchanges listed above.

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