BitShares (BTS) Price Reaches $0.24 on Top Exchanges

BitShares (CURRENCY:BTS) traded down 1.6% against the U.S. dollar during the twenty-four hour period ending at 10:00 AM E.T. on February 13th. BitShares has a total market cap of $629.33 million and $14.89 million worth of BitShares was traded on exchanges in the last 24 hours. During the last week, BitShares has traded up 18.7% against the U.S. dollar. One BitShares coin can now be purchased for about $0.24 or 0.00002824 BTC on popular exchanges including YoBit, OpenLedger DEX, Bitcoin Indonesia and CryptoBridge.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Cardano (ADA) traded 2.9% lower against the dollar and now trades at $0.37 or 0.00004296 BTC.
  • Qtum (QTUM) traded up 0.8% against the dollar and now trades at $29.62 or 0.00346701 BTC.
  • OmiseGO (OMG) traded 1.5% higher against the dollar and now trades at $12.61 or 0.00147554 BTC.
  • Ardor (ARDR) traded 1.8% lower against the dollar and now trades at $0.51 or 0.00005953 BTC.
  • Particl (PART) traded 3.4% lower against the dollar and now trades at $22.63 or 0.00264859 BTC.
  • Raiden Network Token (RDN) traded down 1% against the dollar and now trades at $2.66 or 0.00031140 BTC.
  • BitBay (BAY) traded 2% higher against the dollar and now trades at $0.0757 or 0.00000886 BTC.
  • Quantum Resistant Ledger (QRL) traded 4.9% lower against the dollar and now trades at $1.35 or 0.00015842 BTC.
  • Rise (RISE) traded up 23.8% against the dollar and now trades at $0.60 or 0.00006990 BTC.
  • ION (ION) traded down 3.4% against the dollar and now trades at $2.99 or 0.00035000 BTC.

BitShares Profile

BitShares (BTS) is a proof-of-stake (PoS) coin that uses the SHA-512 hashing algorithm. Its launch date was July 19th, 2014. BitShares’ total supply is 2,608,680,000 coins. The official website for BitShares is bitshares.org. BitShares’ official message board is bitsharestalk.org. 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.

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: BigONE, CryptoBridge, Bitcoin Indonesia, Lbank, Gate.io, EXX, Livecoin, Tidex, ZB.COM, Poloniex, Binance, CoinEgg, YoBit, AEX, BitShares Asset Exchange and OpenLedger DEX. It is not currently possible to buy BitShares directly using U.S. dollars. Investors seeking to acquire 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 exchanges listed above.

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