BitShares (BTS) Market Capitalization Reaches $417.55 Million
BitShares (CURRENCY:BTS) traded 1.7% lower against the U.S. dollar during the 1 day period ending at 7:00 AM ET on March 14th. One BitShares coin can now be purchased for approximately $0.16 or 0.00001843 BTC on major cryptocurrency exchanges including ZB.COM, CoinEgg, YoBit and CryptoBridge. BitShares has a total market cap of $417.55 million and approximately $5.66 million worth of BitShares was traded on exchanges in the last day. During the last seven days, BitShares has traded down 15.1% against the U.S. dollar.
Here’s how related cryptocurrencies have performed during the last day:
- Cardano (ADA) traded down 4% against the dollar and now trades at $0.21 or 0.00002471 BTC.
- Qtum (QTUM) traded 3.8% lower against the dollar and now trades at $17.52 or 0.00201850 BTC.
- OmiseGO (OMG) traded down 5.7% against the dollar and now trades at $12.64 or 0.00145666 BTC.
- Ardor (ARDR) traded 5.9% higher against the dollar and now trades at $0.32 or 0.00003674 BTC.
- Particl (PART) traded 18.9% lower against the dollar and now trades at $15.60 or 0.00179753 BTC.
- Raiden Network Token (RDN) traded down 6.7% against the dollar and now trades at $1.82 or 0.00020774 BTC.
- ION (ION) traded down 6.2% against the dollar and now trades at $2.86 or 0.00032722 BTC.
- BitBay (BAY) traded 3.3% lower against the dollar and now trades at $0.0536 or 0.00000613 BTC.
- Quantum Resistant Ledger (QRL) traded 9.7% lower against the dollar and now trades at $0.93 or 0.00010633 BTC.
- Rise (RISE) traded down 4.1% against the dollar and now trades at $0.35 or 0.00004019 BTC.
BitShares Coin Profile
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). “
Buying and Selling BitShares
BitShares can be bought or sold on the following cryptocurrency exchanges: CryptoBridge, Livecoin, BitShares Asset Exchange, Tidex, ZB.COM, Binance, EXX, Gate.io, OpenLedger DEX, Bitcoin Indonesia, Poloniex, CoinEgg, BigONE, AEX, YoBit and Lbank. It is not presently possible to buy BitShares directly using US dollars. Investors seeking to trade BitShares must first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy BitShares using one of the aforementioned exchanges.
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