DubaiCoin Price Tops $1.20 (DBIX)

DubaiCoin (CURRENCY:DBIX) traded up 1,078.2% against the US dollar during the 24 hour period ending at 11:00 AM ET on June 11th. During the last week, DubaiCoin has traded up 1,027.6% against the US dollar. One DubaiCoin coin can currently be purchased for approximately $1.20 or 0.00003094 BTC on major cryptocurrency exchanges. DubaiCoin has a market capitalization of $5.12 million and $552,181.00 worth of DubaiCoin was traded on exchanges in the last day.

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

  • Waves (WAVES) traded up 1.9% against the dollar and now trades at $14.35 or 0.00038781 BTC.
  • Qtum (QTUM) traded down 5.6% against the dollar and now trades at $9.27 or 0.00025045 BTC.
  • WhiteCoin (XWC) traded 1% lower against the dollar and now trades at $1.15 or 0.00003121 BTC.
  • Lisk (LSK) traded 6.6% lower against the dollar and now trades at $2.95 or 0.00007961 BTC.
  • BitBay (BAY) traded 0% higher against the dollar and now trades at $0.18 or 0.00001849 BTC.
  • Sentinel Protocol (UPP) traded 0.6% lower against the dollar and now trades at $0.0957 or 0.00000259 BTC.
  • Nxt (NXT) traded 12% lower against the dollar and now trades at $0.0368 or 0.00000100 BTC.
  • Neblio (NEBL) traded 10.4% higher against the dollar and now trades at $2.03 or 0.00005488 BTC.
  • Blocknet (BLOCK) traded 3.6% lower against the dollar and now trades at $1.39 or 0.00003754 BTC.
  • Radium (RADS) traded up 167.5% against the dollar and now trades at $2.07 or 0.00008889 BTC.

About DubaiCoin

DubaiCoin is a proof-of-work (PoW) coin that uses the Proof of Stake hashing algorithm. Its genesis date was February 20th, 2016. DubaiCoin’s total supply is 4,263,172 coins. DubaiCoin’s official website is www.arabianchain.org. DubaiCoin’s official Twitter account is @DubaiCoin_org and its Facebook page is accessible here. The Reddit community for DubaiCoin is /r/ArabianChain and the currency’s Github account can be viewed here.

According to CryptoCompare, “DBIX 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

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

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