BitShares (BTS) Tops 24 Hour Trading Volume of $67.89 Thousand

BitShares (BTS) traded 0.7% lower against the U.S. dollar during the twenty-four hour period ending at 12:00 PM E.T. on December 15th. During the last week, BitShares has traded up 0.6% against the U.S. dollar. BitShares has a market cap of $3.10 million and $67.89 thousand worth of BitShares was traded on exchanges in the last 24 hours. One BitShares coin can currently be bought for $0.0010 or 0.00000001 BTC on major exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 2% higher against the dollar and now trades at $0.28 or 0.00000321 BTC.
• Tezos (XTZ) traded down 2.9% against the dollar and now trades at $0.47 or 0.00000541 BTC.
• Terra Classic (LUNC) traded down 6.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra (LUNA) traded down 10.5% against the dollar and now trades at $0.15 or 0.00000170 BTC.
• aelf (ELF) traded 0.6% lower against the dollar and now trades at $0.0854 or 0.00000097 BTC.
• Adshares (ADS) traded 1% lower against the dollar and now trades at $0.73 or 0.00000838 BTC.
• GXChain (GXC) traded 0.2% lower against the dollar and now trades at $0.36 or 0.00000406 BTC.

About BitShares

BitShares (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 2,996,225,664 coins. 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. BitShares’ official Twitter account is @bitsharesgroup 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 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 possible to purchase alternative cryptocurrencies such as BitShares directly using US dollars. Investors seeking to acquire BitShares should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase BitShares using one of the aforementioned exchanges.

BTS/USD price chart by TradingView