BitShares (BTS) Price Down 9.2% This Week

BitShares (BTS) traded 2.3% lower against the US dollar during the 24 hour period ending at 11:00 AM ET on April 3rd. BitShares has a market capitalization of $2.72 million and approximately $75,833.80 worth of BitShares was traded on exchanges in the last 24 hours. One BitShares coin can now be bought for approximately $0.0009 or 0.00000001 BTC on popular cryptocurrency exchanges. In the last week, BitShares has traded 9.2% lower against the US dollar.

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

• TRON (TRX) traded 2% lower against the dollar and now trades at $0.23 or 0.00000285 BTC.
• Tezos (XTZ) traded down 5.5% against the dollar and now trades at $0.63 or 0.00000771 BTC.
• Terra Classic (LUNC) traded down 5.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.2% lower against the dollar and now trades at $0.24 or 0.00000298 BTC.
• Terra (LUNA) traded 11.2% lower against the dollar and now trades at $0.16 or 0.00000200 BTC.
• GXChain (GXC) traded 1.3% lower against the dollar and now trades at $0.27 or 0.00000335 BTC.
• Adshares (ADS) traded 4.1% lower against the dollar and now trades at $0.50 or 0.00000606 BTC.

BitShares Profile

BTS uses the hashing algorithm. It was first traded on July 19th, 2014. BitShares’ total supply is 2,995,060,000 coins. BitShares’ official website is bitshares.github.io. BitShares’ official Twitter account is @bitsharesgroup and its Facebook page is accessible here. The official message board for BitShares is bitsharestalk.org. 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).”

BitShares Coin Trading

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

BTS/USD price chart by TradingView