BitShares Price Reaches $0.0010 on Exchanges (BTS)

BitShares (BTS) traded down 0.9% against the dollar during the 1 day period ending at 10:00 AM Eastern on March 22nd. One BitShares coin can currently be bought for about $0.0010 or 0.00000001 BTC on major cryptocurrency exchanges. BitShares has a total market capitalization of $3.03 million and $86,522.73 worth of BitShares was traded on exchanges in the last 24 hours. Over the last week, BitShares has traded down 1.4% against the dollar.

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

• TRON (TRX) traded down 0.1% against the dollar and now trades at $0.24 or 0.00000280 BTC.
• Tezos (XTZ) traded up 1% against the dollar and now trades at $0.70 or 0.00000830 BTC.
• Terra Classic (LUNC) traded up 0.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.7% higher against the dollar and now trades at $0.25 or 0.00000293 BTC.
• Terra (LUNA) traded 1.1% higher against the dollar and now trades at $0.20 or 0.00000243 BTC.
• Adshares (ADS) traded down 0.2% against the dollar and now trades at $0.54 or 0.00000640 BTC.
• GXChain (GXC) traded 2.1% higher against the dollar and now trades at $0.27 or 0.00000323 BTC.

About BitShares

BitShares uses the hashing algorithm. It was first traded on July 19th, 2014. BitShares’ total supply is 2,995,060,000 coins. BitShares’ official message board is bitsharestalk.org. BitShares’ official website is bitshares.github.io. The Reddit community for BitShares is https://reddit.com/r/bitshares and the currency’s Github account can be viewed here. 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 currently possible to buy alternative cryptocurrencies such as BitShares directly using U.S. dollars. Investors seeking to trade BitShares should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly 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