BitShares Price Tops $0.16 on Major Exchanges (BTS)

BitShares (CURRENCY:BTS) traded 5.6% lower against the U.S. dollar during the twenty-four hour period ending at 21:00 PM ET on March 12th. Over the last seven days, BitShares has traded down 24.4% against the U.S. dollar. One BitShares coin can now be purchased for $0.16 or 0.00001769 BTC on major exchanges including Bitcoin Indonesia, BigONE, Livecoin and EXX. BitShares has a market capitalization of $425.87 million and approximately $6.13 million worth of BitShares was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

  • Cardano (ADA) traded 0.1% higher against the dollar and now trades at $0.23 or 0.00002448 BTC.
  • OmiseGO (OMG) traded 5.6% lower against the dollar and now trades at $13.87 or 0.00150428 BTC.
  • Qtum (QTUM) traded down 6.2% against the dollar and now trades at $18.48 or 0.00200391 BTC.
  • Ardor (ARDR) traded down 1.2% against the dollar and now trades at $0.30 or 0.00003199 BTC.
  • Particl (PART) traded down 12.3% against the dollar and now trades at $18.87 or 0.00204617 BTC.
  • Raiden Network Token (RDN) traded 9.7% lower against the dollar and now trades at $1.95 or 0.00021112 BTC.
  • ION (ION) traded 4.9% lower against the dollar and now trades at $3.10 or 0.00033625 BTC.
  • BitBay (BAY) traded 3.8% lower against the dollar and now trades at $0.0566 or 0.00000614 BTC.
  • Quantum Resistant Ledger (QRL) traded down 4.9% against the dollar and now trades at $1.06 or 0.00011448 BTC.
  • Rise (RISE) traded 4.5% lower against the dollar and now trades at $0.37 or 0.00004007 BTC.

BitShares Profile

BitShares is a proof-of-stake (PoS) coin that uses the SHA-512 hashing algorithm. It launched on July 19th, 2014. BitShares’ total supply is 2,610,660,000 coins. BitShares’ official message board is The Reddit community for BitShares is /r/bitshares and the currency’s Github account can be viewed here. BitShares’ official website is BitShares’ official Twitter account is @_bitshares and its Facebook page is accessible 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).      “

BitShares Coin Trading

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

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