BitShares Price Hits $0.0011 on Top Exchanges (BTS)

BitShares (BTS) traded 0.4% lower against the US dollar during the 1-day period ending at 13:00 PM ET on February 13th. BitShares has a total market capitalization of $3.21 million and approximately $74.54 thousand worth of BitShares was traded on exchanges in the last 24 hours. Over the last week, BitShares has traded up 3.9% against the US dollar. One BitShares coin can now be bought for approximately $0.0011 or 0.00000002 BTC on popular exchanges.

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

• TRON (TRX) traded up 1.3% against the dollar and now trades at $0.28 or 0.00000405 BTC.
• Tezos (XTZ) traded up 3.6% against the dollar and now trades at $0.40 or 0.00000585 BTC.
• Terra Classic (LUNC) traded up 1.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded up 3.1% against the dollar and now trades at $0.0819 or 0.00000119 BTC.
• Terra (LUNA) traded 5.2% higher against the dollar and now trades at $0.0624 or 0.00000090 BTC.
• GXChain (GXC) traded down 0.1% against the dollar and now trades at $0.36 or 0.00000521 BTC.
• Adshares (ADS) traded 3.2% higher against the dollar and now trades at $0.57 or 0.00000830 BTC.

About BitShares

BTS uses the hashing algorithm. Its launch date was October 13th, 2015. BitShares’ total supply is 2,995,060,000 coins and its circulating supply is 2,996,352,885 coins. BitShares’ official Twitter account is @bitsharesgroup and its Facebook page is accessible here. The official message board for BitShares is bitsharestalk.org. The official website for BitShares 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.

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 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, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase BitShares using one of the aforementioned exchanges.

BTS/USD price chart by TradingView