AsiaCoin (CRYPTO:AC) Trading 12.8% Higher Over Last Week

AsiaCoin (CURRENCY:AC) traded up 2.1% against the US dollar during the one day period ending at 10:00 AM Eastern on March 31st. One AsiaCoin coin can now be purchased for approximately $0.0058 or 0.00000065 BTC on popular exchanges. In the last week, AsiaCoin has traded up 12.8% against the US dollar. AsiaCoin has a market cap of $8.29 million and $79.00 worth of AsiaCoin was traded on exchanges in the last day.

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

• Mintcoin (MINT) traded 21.5% lower against the dollar and now trades at $0.0004 or 0.00000004 BTC.
• GPU Coin (GPU) traded 61.1% higher against the dollar and now trades at $0.0609 or 0.00000681 BTC.
• Interstellar Holdings (HOLD) traded 10.9% higher against the dollar and now trades at $0.0046 or 0.00000051 BTC.
• Renos (RNS) traded 7.6% lower against the dollar and now trades at $0.0363 or 0.00000406 BTC.
• Digital Rupees (DRS) traded up 0.5% against the dollar and now trades at $0.0002 or 0.00000002 BTC.
• AllSafe (ASAFE2) traded 2.6% lower against the dollar and now trades at $0.0103 or 0.00000116 BTC.
• Bitok (BITOK) traded 0.5% higher against the dollar and now trades at $0.0001 or 0.00000001 BTC.

AsiaCoin Profile

AC is a proof-of-stake (PoS) coin that uses the Scrypt hashing algorithm. It launched on April 16th, 2014. AsiaCoin’s total supply is 1,428,504,555 coins. AsiaCoin’s official Twitter account is @AsiaCoin_ and its Facebook page is accessible here. The official website for AsiaCoin is www.thecoin.asia.

According to CryptoCompare, “Asia Coin is a Scrypt Coin with a very brief PoW phase of two weeks or 20,000 blocks. The PoW phase is scheduled to produce 40% of the hard capped limit of 360 million. The PoS phase is set for ten years with first year stake interest set at a high 100% – whcih subsequently drops to 2%. Block time is 60 seconds, difficulty retargets every block and there was no premine. “

Buying and Selling AsiaCoin

AsiaCoin can be purchased on the following cryptocurrency exchanges: Cryptopia. It is usually not currently possible to purchase alternative cryptocurrencies such as AsiaCoin directly using U.S. dollars. Investors seeking to trade AsiaCoin should first purchase 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 purchase AsiaCoin using one of the aforementioned exchanges.

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