Dero (DERO) Reaches One Day Trading Volume of $34.45 Thousand

Dero (DERO) traded down 2.8% against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on November 17th. One Dero coin can currently be purchased for about $0.53 or 0.00000567 BTC on major cryptocurrency exchanges. Dero has a market cap of $7.62 million and approximately $34.45 thousand worth of Dero was traded on exchanges in the last 24 hours. During the last week, Dero has traded down 18.2% against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Arweave (AR) traded down 0.4% against the dollar and now trades at $4.33 or 0.00004615 BTC.
• Bitcoin (BTC) traded down 0.6% against the dollar and now trades at $93,859.07 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.2% lower against the dollar and now trades at $0.16 or 0.00000169 BTC.
• Zcash (ZEC) traded down 4.3% against the dollar and now trades at $673.62 or 0.00717692 BTC.
• Bitcoin Cash (BCH) traded up 4.5% against the dollar and now trades at $503.46 or 0.00536403 BTC.
• UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $9.11 or 0.00009706 BTC.
• Monero (XMR) traded up 5.7% against the dollar and now trades at $418.29 or 0.00445661 BTC.
• Litecoin (LTC) traded 3.4% lower against the dollar and now trades at $94.60 or 0.00100788 BTC.
• Ethereum Classic (ETC) traded 0.3% lower against the dollar and now trades at $14.71 or 0.00015669 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Dero Profile

Dero is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. It launched on June 27th, 2018. Dero’s total supply is 18,400,000 coins and its circulating supply is 14,312,916 coins. The official website for Dero is dero.io. The Reddit community for Dero is https://reddit.com/r/deroproject and the currency’s Github account can be viewed here. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here. Dero’s official message board is forum.dero.io.

According to CryptoCompare, “Dero is the first crypto project to combine a Proof of Work blockchain with a DAG block structure and wholly anonymous transactions. The fully distributed ledger processes transactions with a twelve-second average block time and is secure against majority hashrate attacks. Dero will be the first CryptoNote blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains.”

Dero Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Dero directly using U.S. dollars. Investors seeking to acquire Dero should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dero using one of the exchanges listed above.

DERO/USD price chart by TradingView