BitShares (BTS) Price Reaches $0.52 on Major Exchanges

BitShares (CURRENCY:BTS) traded up 14.3% against the U.S. dollar during the one day period ending at 18:00 PM E.T. on January 27th. In the last week, BitShares has traded 19.1% higher against the U.S. dollar. BitShares has a total market capitalization of $1.36 billion and approximately $69.87 million worth of BitShares was traded on exchanges in the last day. One BitShares coin can now be bought for approximately $0.52 or 0.00004564 BTC on major cryptocurrency exchanges including CryptoBridge, Lbank, Livecoin and EXX.

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

  • Cardano (ADA) traded 0.9% higher against the dollar and now trades at $0.62 or 0.00005454 BTC.
  • Qtum (QTUM) traded up 1.5% against the dollar and now trades at $39.83 or 0.00349694 BTC.
  • OmiseGO (OMG) traded 0.9% lower against the dollar and now trades at $16.12 or 0.00141509 BTC.
  • Ardor (ARDR) traded 3.3% higher against the dollar and now trades at $0.99 or 0.00008660 BTC.
  • Particl (PART) traded 3.5% higher against the dollar and now trades at $32.87 or 0.00288601 BTC.
  • Raiden Network Token (RDN) traded 7.4% higher against the dollar and now trades at $4.59 or 0.00040314 BTC.
  • BitBay (BAY) traded up 18% against the dollar and now trades at $0.14 or 0.00001244 BTC.
  • Quantum Resistant Ledger (QRL) traded up 17.8% against the dollar and now trades at $2.25 or 0.00019792 BTC.
  • ION (ION) traded 2.9% higher against the dollar and now trades at $5.76 or 0.00050540 BTC.
  • DECENT (DCT) traded 11.2% higher against the dollar and now trades at $1.78 or 0.00015600 BTC.

About BitShares

BTS is a proof-of-stake (PoS) coin that uses the SHA-512 hashing algorithm. It was first traded on July 19th, 2014. BitShares’ total supply is 2,607,510,000 coins. BitShares’ official Twitter account is @_bitshares and its Facebook page is accessible here. The Reddit community for BitShares is /r/bitshares and the currency’s Github account can be viewed here. BitShares’ official website is bitshares.org. The official message board for BitShares is bitsharestalk.org.

According to CryptoCompare, “BitShares (BTS) was first introduced in a White Paper titled “A Peer-to-Peer Polymorphic Digital Asset Exchange” by Daniel Larimer, Charles Hoskinson, and Stan Larimer. It is a brand of open-source software based on the as blockchain technology as used by Bitcoin. Unlike bitcoins, which do not produce any income for their owners, BitShare can be used to launch Decentralized Autonomous Companies (DACs) which issue shares, produce profits and distribute profits to shareholders. As such, BitShares is about making profitable companies that people want to own shares in, thus creating return for the shareholders. The first DAC launched by this proces was called BitSharesX, a decentralized asset exchange based in Hong Kong. BitShares was originally launched under the name of ProtoShares (PTS); it was later renamed to BitShares (BTS) and “reloaded” in November 2014 by merging several products into BitShares (BTS).      “

Buying and Selling BitShares

BitShares can be traded on these cryptocurrency exchanges: Tidex, EXX, ZB.COM, CoinEgg, Lbank, AEX, Bitcoin Indonesia, OpenLedger DEX, BigONE, CryptoBridge, Livecoin, Poloniex, YoBit, Gate.io, Binance and BitShares Asset Exchange. It is not currently possible to purchase BitShares directly using US dollars. Investors seeking to trade BitShares must first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase BitShares using one of the aforementioned exchanges.

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