BitShares (CURRENCY:BTS) traded down 1.7% against the dollar during the one day period ending at 7:00 AM E.T. on March 14th. BitShares has a total market capitalization of $417.55 million and approximately $5.66 million worth of BitShares was traded on exchanges in the last 24 hours. During the last seven days, BitShares has traded 15.1% lower against the dollar. One BitShares coin can now be purchased for $0.16 or 0.00001843 BTC on major exchanges including Tidex, Lbank, Livecoin and BigONE.
Here is how similar cryptocurrencies have performed during the last 24 hours:
- Cardano (ADA) traded 4% lower against the dollar and now trades at $0.21 or 0.00002471 BTC.
- Qtum (QTUM) traded 3.8% lower against the dollar and now trades at $17.52 or 0.00201850 BTC.
- OmiseGO (OMG) traded 5.7% lower against the dollar and now trades at $12.64 or 0.00145666 BTC.
- Ardor (ARDR) traded 5.9% higher against the dollar and now trades at $0.32 or 0.00003674 BTC.
- Particl (PART) traded down 18.9% against the dollar and now trades at $15.60 or 0.00179753 BTC.
- Raiden Network Token (RDN) traded 6.7% lower against the dollar and now trades at $1.82 or 0.00020774 BTC.
- ION (ION) traded down 6.2% against the dollar and now trades at $2.86 or 0.00032722 BTC.
- BitBay (BAY) traded 3.3% lower against the dollar and now trades at $0.0536 or 0.00000613 BTC.
- Quantum Resistant Ledger (QRL) traded down 9.7% against the dollar and now trades at $0.93 or 0.00010633 BTC.
- Rise (RISE) traded 4.1% lower against the dollar and now trades at $0.35 or 0.00004019 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 traded on the following cryptocurrency exchanges: Bitcoin Indonesia, EXX, Tidex, BitShares Asset Exchange, YoBit, CryptoBridge, BigONE, OpenLedger DEX, Livecoin, Gate.io, Binance, Poloniex, AEX, Lbank, ZB.COM and CoinEgg. It is not presently possible to buy BitShares directly using US dollars. Investors seeking to acquire BitShares must first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy BitShares using one of the exchanges listed above.
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