Rubycoin (RBY) Price Hits $0.56 on Major Exchanges

Rubycoin (CURRENCY:RBY) traded 1.1% lower against the US dollar during the 1-day period ending at 16:00 PM E.T. on April 17th. One Rubycoin coin can currently be purchased for approximately $0.56 or 0.00007055 BTC on major cryptocurrency exchanges including Cryptopia, YoBit and Bittrex. Rubycoin has a total market cap of $14.25 million and approximately $70,853.00 worth of Rubycoin was traded on exchanges in the last 24 hours. In the last week, Rubycoin has traded up 57.5% against the US dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

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  • Qtum (QTUM) traded up 2.5% against the dollar and now trades at $16.42 or 0.00207501 BTC.
  • BitBay (BAY) traded up 0.5% against the dollar and now trades at $0.0586 or 0.00000740 BTC.
  • BlackCoin (BLK) traded 2.4% lower against the dollar and now trades at $0.27 or 0.00003419 BTC.
  • Radium (RADS) traded down 7% against the dollar and now trades at $5.58 or 0.00070509 BTC.
  • Atmos (ATMS) traded 0.1% lower against the dollar and now trades at $0.0700 or 0.00000874 BTC.
  • Global Currency Reserve (GCR) traded 5.6% lower against the dollar and now trades at $0.0374 or 0.00000472 BTC.
  • NuShares (NSR) traded 10.7% lower against the dollar and now trades at $0.0003 or 0.00000004 BTC.
  • CybCSec (XCS) traded flat against the dollar and now trades at $0.0024 or 0.00000031 BTC.

Rubycoin Profile

RBY is a proof-of-stake (PoS) coin that uses the Proof of Stake hashing algorithm. It launched on February 24th, 2014. Rubycoin’s total supply is 25,525,694 coins. The official website for Rubycoin is www.rubycoin.org. The Reddit community for Rubycoin is /r/rubycoin and the currency’s Github account can be viewed here. Rubycoin’s official Twitter account is @rubycoinorg.

According to CryptoCompare, “RubyCoin is another precious gemstone coin – like Emerald or Diamond (EMD – DMD). The coin is a scrypt algorithm based currency with an average block time of 90┬áseconds and difficulty retargetting every block. The maximum supply is limited to 60 million, and the block reward halves each month for the first five months from 500 RBY to 50 RBY. There was a premine of 2% for bounties etc.. “

Rubycoin Coin Trading

Rubycoin can be bought or sold on these cryptocurrency exchanges: YoBit, Cryptopia and Bittrex. It is not currently possible to purchase Rubycoin directly using U.S. dollars. Investors seeking to trade Rubycoin must first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Rubycoin using one of the exchanges listed above.

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