BitShares (CRYPTO:BTS) Price Up 8.7% This Week

BitShares (CURRENCY:BTS) traded up 1.8% against the US dollar during the twenty-four hour period ending at 8:00 AM ET on March 15th. One BitShares coin can now be purchased for approximately $0.14 or 0.00002056 BTC on popular cryptocurrency exchanges including ZB.COM, YoBit, CoinEgg and OpenLedger DEX. Over the last seven days, BitShares has traded 8.7% higher against the US dollar. BitShares has a total market cap of $369.31 million and $6.36 million worth of BitShares was traded on exchanges in the last 24 hours.

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

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  • Cardano (ADA) traded 3.2% higher against the dollar and now trades at $0.15 or 0.00002151 BTC.
  • Qtum (QTUM) traded up 3.5% against the dollar and now trades at $13.19 or 0.00191913 BTC.
  • OmiseGO (OMG) traded 5% higher against the dollar and now trades at $9.40 or 0.00136823 BTC.
  • Ardor (ARDR) traded up 2% against the dollar and now trades at $0.24 or 0.00003498 BTC.
  • Particl (PART) traded up 3.1% against the dollar and now trades at $9.82 or 0.00142902 BTC.
  • Dropil (DROP) traded up 6.6% against the dollar and now trades at $0.0043 or 0.00000063 BTC.
  • Raiden Network Token (RDN) traded up 3.8% against the dollar and now trades at $1.21 or 0.00017574 BTC.
  • ION (ION) traded 6.7% higher against the dollar and now trades at $2.16 or 0.00031457 BTC.
  • Quantum Resistant Ledger (QRL) traded 0.5% lower against the dollar and now trades at $0.80 or 0.00011703 BTC.
  • BitBay (BAY) traded up 8.5% against the dollar and now trades at $0.0363 or 0.00000528 BTC.

About BitShares

BitShares (BTS) is a proof-of-stake (PoS) coin that uses the SHA-512 hashing algorithm. Its launch date was July 19th, 2014. BitShares’ total supply is 2,613,670,000 coins. The official message board for BitShares is bitsharestalk.org. The official website for BitShares is bitshares.org. The Reddit community for BitShares is /r/bitshares and the currency’s Github account can be viewed here. BitShares’ official Twitter account is @_bitshares 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 the 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 return for the shareholders. The first DAC launched by this proces 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

BitShares can be purchased on these cryptocurrency exchanges: CryptoBridge, Bitcoin Indonesia, YoBit, AEX, CoinEgg, OpenLedger DEX, Binance, EXX, Livecoin, Tidex, Poloniex, Lbank, Gate.io, ZB.COM, BigONE and BitShares Asset Exchange. It is not possible to purchase BitShares directly using U.S. dollars. Investors seeking to trade BitShares must first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase BitShares using one of the exchanges listed above.

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