BitShares (BTS) Price Tops $0.0010 on Major Exchanges

BitShares (BTS) traded down 4.1% against the US dollar during the 1-day period ending at 13:00 PM E.T. on November 21st. BitShares has a total market capitalization of $3.00 million and approximately $72.38 thousand worth of BitShares was traded on exchanges in the last day. One BitShares coin can currently be bought for about $0.0010 or 0.00000001 BTC on cryptocurrency exchanges. Over the last week, BitShares has traded 5.5% lower against the US dollar.

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

• TRON (TRX) traded 1.4% lower against the dollar and now trades at $0.28 or 0.00000330 BTC.
• Tezos (XTZ) traded 1.5% lower against the dollar and now trades at $0.50 or 0.00000600 BTC.
• Terra Classic (LUNC) traded 2.8% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded 21.7% lower against the dollar and now trades at $0.0614 or 0.00000073 BTC.
• Terra (LUNA) traded down 3.9% against the dollar and now trades at $0.0692 or 0.00000083 BTC.
• Adshares (ADS) traded down 2.6% against the dollar and now trades at $0.73 or 0.00000870 BTC.
• GXChain (GXC) traded up 0.1% against the dollar and now trades at $0.36 or 0.00000436 BTC.

BitShares Coin Profile

BTS uses the hashing algorithm. Its genesis date was October 13th, 2015. BitShares’ total supply is 2,995,060,000 coins and its circulating supply is 2,996,170,783 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 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy BitShares using one of the exchanges listed above.

BTS/USD price chart by TradingView