BitShares (BTS) Hits 24 Hour Trading Volume of $69.98 Thousand

BitShares (BTS) traded 3% higher against the U.S. dollar during the one day period ending at 11:00 AM Eastern on January 4th. One BitShares coin can now be bought for $0.0012 or 0.00000001 BTC on popular cryptocurrency exchanges. During the last week, BitShares has traded up 5.6% against the U.S. dollar. BitShares has a total market capitalization of $3.51 million and $69.98 thousand worth of BitShares was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 0.9% higher against the dollar and now trades at $0.29 or 0.00000323 BTC.
• Tezos (XTZ) traded 3.3% higher against the dollar and now trades at $0.55 or 0.00000603 BTC.
• Terra Classic (LUNC) traded 3.8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded up 2% against the dollar and now trades at $0.0902 or 0.00000099 BTC.
• Terra (LUNA) traded up 1.4% against the dollar and now trades at $0.0968 or 0.00000106 BTC.
• GXChain (GXC) traded up 11.2% against the dollar and now trades at $0.53 or 0.00000584 BTC.
• Adshares (ADS) traded 0.7% higher against the dollar and now trades at $0.73 or 0.00000804 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 2,996,269,927 coins. The official message board for BitShares 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. 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).”

BitShares Coin Trading

It is usually not 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 Changelly, Coinbase or GDAX. 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