BitShares Tops 24-Hour Trading Volume of $83.77 Thousand (BTS)

BitShares (BTS) traded 1.5% lower against the U.S. dollar during the twenty-four hour period ending at 13:00 PM E.T. on December 3rd. In the last week, BitShares has traded 2.9% higher against the U.S. dollar. One BitShares coin can now be purchased for about $0.0010 or 0.00000001 BTC on popular exchanges. BitShares has a market capitalization of $3.07 million and $83.77 thousand worth of BitShares was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded down 1.2% against the dollar and now trades at $0.28 or 0.00000301 BTC.
• Tezos (XTZ) traded up 2.5% against the dollar and now trades at $0.50 or 0.00000539 BTC.
• Terra Classic (LUNC) traded 0.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded up 43.9% against the dollar and now trades at $0.0904 or 0.00000098 BTC.
• Terra (LUNA) traded 0.9% higher against the dollar and now trades at $0.0719 or 0.00000078 BTC.
• Adshares (ADS) traded 0.5% higher against the dollar and now trades at $0.77 or 0.00000831 BTC.
• GXChain (GXC) traded down 0.9% against the dollar and now trades at $0.37 or 0.00000394 BTC.

BitShares Coin Profile

BitShares (CRYPTO:BTS) uses the hashing algorithm. It was first traded on October 13th, 2015. BitShares’ total supply is 2,995,060,000 coins and its circulating supply is 2,996,198,576 coins. BitShares’ official Twitter account is @bitsharesgroup and its Facebook page is accessible here. 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 message board is bitsharestalk.org.

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 purchase alternative cryptocurrencies such as BitShares directly using U.S. dollars. Investors seeking to trade BitShares should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase BitShares using one of the exchanges listed above.

BTS/USD price chart by TradingView