BitShares Trading 6.9% Lower Over Last Week (BTS)

BitShares (BTS) traded 1.3% lower against the U.S. dollar during the 1 day period ending at 11:00 AM Eastern on March 14th. BitShares has a market cap of $3.07 million and approximately $75,538.55 worth of BitShares was traded on exchanges in the last day. One BitShares coin can now be bought for approximately $0.0010 or 0.00000001 BTC on popular cryptocurrency exchanges. Over the last seven days, BitShares has traded 6.9% lower against the U.S. dollar.

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

• TRON (TRX) traded down 1.4% against the dollar and now trades at $0.22 or 0.00000262 BTC.
• Tezos (XTZ) traded up 3.8% against the dollar and now trades at $0.70 or 0.00000829 BTC.
• Terra Classic (LUNC) traded 3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 2.3% against the dollar and now trades at $0.26 or 0.00000301 BTC.
• Terra (LUNA) traded 5.2% higher against the dollar and now trades at $0.20 or 0.00000237 BTC.
• Adshares (ADS) traded up 3.6% against the dollar and now trades at $0.54 or 0.00000632 BTC.
• GXChain (GXC) traded 2.4% lower against the dollar and now trades at $0.27 or 0.00000316 BTC.

BitShares Coin Profile

BitShares (CRYPTO:BTS) uses the hashing algorithm. It launched on July 19th, 2014. BitShares’ total supply is 2,995,060,000 coins. BitShares’ official message board is bitsharestalk.org. 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. 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).”

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 Gemini, Changelly or GDAX. 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