Lisk Reaches One Day Volume of $1.19 Million (LSK)

Lisk (CURRENCY:LSK) traded 3.1% lower against the dollar during the twenty-four hour period ending at 22:00 PM E.T. on October 22nd. One Lisk coin can currently be purchased for about $0.74 or 0.00009129 BTC on popular exchanges including ChaoEX, Gate.io, HitBTC and COSS. Lisk has a total market cap of $89.35 million and approximately $1.19 million worth of Lisk was traded on exchanges in the last day. In the last week, Lisk has traded 6.6% lower against the dollar.

Here’s how other cryptocurrencies have performed in the last day:

  • Qtum (QTUM) traded 2% lower against the dollar and now trades at $1.68 or 0.00020776 BTC.
  • Waves (WAVES) traded 1.2% lower against the dollar and now trades at $0.80 or 0.00009861 BTC.
  • Nxt (NXT) traded 3.2% lower against the dollar and now trades at $0.0125 or 0.00000155 BTC.
  • Blocknet (BLOCK) traded 3.6% lower against the dollar and now trades at $1.12 or 0.00013886 BTC.
  • Neblio (NEBL) traded down 1% against the dollar and now trades at $0.45 or 0.00005531 BTC.
  • BitBay (BAY) traded 34.5% lower against the dollar and now trades at $0.0057 or 0.00000070 BTC.
  • BlackCoin (BLK) traded down 3.5% against the dollar and now trades at $0.0646 or 0.00000800 BTC.
  • WhiteCoin (XWC) traded up 3.5% against the dollar and now trades at $0.0125 or 0.00000154 BTC.
  • Sentinel Protocol (UPP) traded down 3.7% against the dollar and now trades at $0.0096 or 0.00000118 BTC.
  • Global Currency Reserve (GCR) traded flat against the dollar and now trades at $0.0272 or 0.00000330 BTC.

Lisk Coin Profile

Lisk (LSK) is a distributed proof-of-stake (dPOS) coin that uses the Proof of Stake hashing algorithm. It was first traded on May 24th, 2016. Lisk’s total supply is 136,128,354 coins and its circulating supply is 121,096,203 coins. The official website for Lisk is lisk.io. Lisk’s official message board is forum.lisk.io. The Reddit community for Lisk is /r/lisk and the currency’s Github account can be viewed here. Lisk’s official Twitter account is @LiskHQ and its Facebook page is accessible here.

According to CryptoCompare, “During the ICO 100,000,000 LISK weree goven out to ICO participants, the core team, third parties and active community members. Once the network is established with 101 delegates there will be an inflation of 5 newly created LISK with every block, these are the Forging Rewards. Every 3,000,000 blocks (~1 year) this reward is reduced by 1 LISK, ending at 1 LISK per block where it stays like that forever. The Forging Rewards will be equally distributed through all active (101 and higher) delegates, same as the network fees. We implemented this mechanism to create an incentive to run a delegate and secure the network. Additionally, this allows Lisk to finance itself in the future. Lisk is written in JavaScript utilizing NodeJS. “

Buying and Selling Lisk

Lisk can be purchased on the following cryptocurrency exchanges: Bitbns, COSS, Coinroom, Livecoin, Huobi, Poloniex, Bittrex, CoinEgg, YoBit, ChaoEX, Bit-Z, Upbit, Gate.io, LiteBit.eu, BitBay, Binance, Cryptopia, OKEx, HitBTC, Exrates, Coindeal and Coinbe. It is usually not presently possible to buy alternative cryptocurrencies such as Lisk directly using U.S. dollars. Investors seeking to acquire Lisk should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Lisk using one of the aforementioned exchanges.

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