BitShares (BTS) Price Hits $0.0011

BitShares (BTS) traded up 2.6% against the US dollar during the twenty-four hour period ending at 12:00 PM E.T. on December 11th. BitShares has a market cap of $3.18 million and approximately $98.03 thousand worth of BitShares was traded on exchanges in the last 24 hours. In the last week, BitShares has traded 4.9% higher against the US dollar. One BitShares coin can currently be purchased for approximately $0.0011 or 0.00000001 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded 1.1% higher against the dollar and now trades at $0.28 or 0.00000313 BTC.
• Tezos (XTZ) traded up 4.3% against the dollar and now trades at $0.52 or 0.00000576 BTC.
• Terra Classic (LUNC) traded 16.7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 8.5% lower against the dollar and now trades at $0.19 or 0.00000215 BTC.
• aelf (ELF) traded 2.1% lower against the dollar and now trades at $0.0849 or 0.00000094 BTC.
• Adshares (ADS) traded down 3.3% against the dollar and now trades at $0.75 or 0.00000833 BTC.
• GXChain (GXC) traded 1.2% lower against the dollar and now trades at $0.36 or 0.00000396 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 2,996,217,266 coins. BitShares’ official message board is bitsharestalk.org. 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.

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 presently possible to purchase alternative cryptocurrencies such as BitShares directly using US dollars. Investors seeking to trade BitShares should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. 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