BitShares Self Reported Market Capitalization Achieves $4.13 Million (BTS)

BitShares (BTS) traded up 1.7% against the US dollar during the twenty-four hour period ending at 11:00 AM ET on October 3rd. One BitShares coin can now be bought for about $0.0014 or 0.00000002 BTC on popular exchanges. BitShares has a market capitalization of $4.13 million and approximately $169.25 thousand worth of BitShares was traded on exchanges in the last 24 hours. In the last week, BitShares has traded 0% lower against the US dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded up 0.6% against the dollar and now trades at $0.34 or 0.00000397 BTC.
• Tezos (XTZ) traded down 2.7% against the dollar and now trades at $0.32 or 0.00000375 BTC.
• Terra Classic (LUNC) traded down 1.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 1.7% against the dollar and now trades at $0.0729 or 0.00000086 BTC.
• Terra (LUNA) traded 1.8% lower against the dollar and now trades at $0.0510 or 0.00000060 BTC.
• Adshares (ADS) traded 1.4% lower against the dollar and now trades at $0.48 or 0.00000570 BTC.

About BitShares

BitShares (CRYPTO:BTS) uses the hashing algorithm. It launched on October 13th, 2015. BitShares’ total supply is 2,995,060,000 coins and its circulating supply is 2,996,885,399 coins. BitShares’ official Twitter account is @bitsharesgroup and its Facebook page is accessible here. The Reddit community for BitShares is https://reddit.com/r/bitshares and the currency’s Github account can be viewed here. BitShares’ official message board is bitsharestalk.org. The official website for BitShares 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). Telegram, GitHub”

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy BitShares using one of the aforementioned exchanges.

BTS/USD price chart by TradingView