BitShares Hits 24 Hour Trading Volume of $79,900.70 (BTS)

BitShares (BTS) traded down 2.8% against the dollar during the twenty-four hour period ending at 20:00 PM Eastern on August 11th. BitShares has a market capitalization of $5.93 million and $79,900.70 worth of BitShares was traded on exchanges in the last 24 hours. In the last week, BitShares has traded down 3.9% against the dollar. One BitShares coin can now be bought for $0.0020 or 0.00000003 BTC on major exchanges.

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

• TRON (TRX) traded 1% lower against the dollar and now trades at $0.13 or 0.00000217 BTC.
• Tezos (XTZ) traded 4.9% lower against the dollar and now trades at $0.65 or 0.00001110 BTC.
• Terra Classic (LUNC) traded 11.3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 3.3% against the dollar and now trades at $0.41 or 0.00000702 BTC.
• Terra (LUNA) traded down 10.6% against the dollar and now trades at $0.32 or 0.00000546 BTC.
• GXChain (GXC) traded 0.2% higher against the dollar and now trades at $0.37 or 0.00000634 BTC.
• Adshares (ADS) traded 0.5% lower against the dollar and now trades at $0.23 or 0.00000393 BTC.

About BitShares

BitShares uses the hashing algorithm. Its genesis date was July 19th, 2014. BitShares’ total supply is 2,995,060,000 coins. BitShares’ official website is bitshares.github.io. BitShares’ official message board is bitsharestalk.org. 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.

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 currently 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 Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy BitShares using one of the exchanges listed above.

BTS/USD price chart by TradingView