BitShares (CURRENCY:BTS) traded down 0.2% against the dollar during the 24-hour period ending at 9:00 AM ET on February 12th. One BitShares coin can currently be purchased for approximately $0.25 or 0.00002847 BTC on popular cryptocurrency exchanges including Tidex, Poloniex, CryptoBridge and AEX. BitShares has a market cap of $639.36 million and $16.43 million worth of BitShares was traded on exchanges in the last 24 hours. During the last seven days, BitShares has traded 9.8% higher against the dollar.
Here’s how other cryptocurrencies have performed during the last 24 hours:
- Cardano (ADA) traded down 1.4% against the dollar and now trades at $0.38 or 0.00004381 BTC.
- Qtum (QTUM) traded 1.5% higher against the dollar and now trades at $29.28 or 0.00340100 BTC.
- OmiseGO (OMG) traded 1.6% higher against the dollar and now trades at $12.43 or 0.00144364 BTC.
- Ardor (ARDR) traded up 0.7% against the dollar and now trades at $0.51 or 0.00005939 BTC.
- Particl (PART) traded 2.1% higher against the dollar and now trades at $23.45 or 0.00272329 BTC.
- Raiden Network Token (RDN) traded up 4.6% against the dollar and now trades at $2.70 or 0.00031414 BTC.
- BitBay (BAY) traded up 2.4% against the dollar and now trades at $0.0725 or 0.00000842 BTC.
- Quantum Resistant Ledger (QRL) traded up 5.5% against the dollar and now trades at $1.40 or 0.00016229 BTC.
- ION (ION) traded up 6.4% against the dollar and now trades at $3.04 or 0.00035360 BTC.
- Rise (RISE) traded 3.2% lower against the dollar and now trades at $0.49 or 0.00005584 BTC.
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 purchased on these cryptocurrency exchanges: Binance, ZB.COM, Poloniex, Bitcoin Indonesia, Gate.io, CoinEgg, Livecoin, Tidex, EXX, Lbank, OpenLedger DEX, BitShares Asset Exchange, CryptoBridge, BigONE, AEX and YoBit. It is not possible to buy BitShares directly using U.S. dollars. Investors seeking to trade BitShares must first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy BitShares using one of the aforementioned exchanges.
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