BitShares Reaches Self Reported Market Cap of $3.12 Million (BTS)

BitShares (BTS) traded 6.9% higher against the US dollar during the 1-day period ending at 11:00 AM Eastern on July 3rd. One BitShares coin can now be purchased for approximately $0.0010 or 0.00000002 BTC on major exchanges. BitShares has a total market capitalization of $3.12 million and $101.75 thousand worth of BitShares was traded on exchanges in the last day. Over the last seven days, BitShares has traded 8.7% higher against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• TRON (TRX) traded up 0.7% against the dollar and now trades at $0.32 or 0.00000515 BTC.
• Terra Classic (LUNC) traded up 4.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Tezos (XTZ) traded 9.9% higher against the dollar and now trades at $0.23 or 0.00000378 BTC.
• aelf (ELF) traded 4.1% higher against the dollar and now trades at $0.0608 or 0.00000098 BTC.
• Terra (LUNA) traded 3.6% higher against the dollar and now trades at $0.0492 or 0.00000079 BTC.
• Adshares (ADS) traded up 1.5% against the dollar and now trades at $0.39 or 0.00000635 BTC.

BitShares Coin Profile

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 2,996,692,702 coins. 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. 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”

BitShares Coin Trading

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

BTS/USD price chart by TradingView