BitShares (BTS) Price Tops $0.0011 on Major Exchanges

BitShares (BTS) traded up 1.4% against the US dollar during the 1 day period ending at 12:00 PM E.T. on December 27th. One BitShares coin can currently be bought for about $0.0011 or 0.00000001 BTC on popular cryptocurrency exchanges. In the last seven days, BitShares has traded 3.6% higher against the US dollar. BitShares has a market capitalization of $3.31 million and $68.83 thousand worth of BitShares was traded on exchanges in the last day.

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

• TRON (TRX) traded 1.5% higher against the dollar and now trades at $0.28 or 0.00000322 BTC.
• Tezos (XTZ) traded 2.5% higher against the dollar and now trades at $0.48 or 0.00000551 BTC.
• Terra Classic (LUNC) traded 0.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra (LUNA) traded 0% lower against the dollar and now trades at $0.10 or 0.00000117 BTC.
• aelf (ELF) traded 0.3% higher against the dollar and now trades at $0.0835 or 0.00000095 BTC.
• Adshares (ADS) traded up 0.2% against the dollar and now trades at $0.71 or 0.00000811 BTC.
• GXChain (GXC) traded down 3.2% against the dollar and now trades at $0.35 or 0.00000402 BTC.

BitShares Profile

BitShares (CRYPTO:BTS) uses the hashing algorithm. Its genesis date was October 13th, 2015. BitShares’ total supply is 2,995,060,000 coins and its circulating supply is 2,996,254,403 coins. BitShares’ official Twitter account is @bitsharesgroup and its Facebook page is accessible here. The official message board for BitShares is bitsharestalk.org. The Reddit community for BitShares is https://reddit.com/r/bitshares and the currency’s Github account can be viewed here. BitShares’ official website is bitshares.github.io.

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 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 a return for the shareholders. The first DAC launched by this process 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

It is usually not presently possible to buy alternative cryptocurrencies such as BitShares directly using U.S. dollars. Investors seeking to acquire BitShares should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy BitShares using one of the aforementioned exchanges.

BTS/USD price chart by TradingView