BitShares Trading 7% Lower Over Last Week (BTS)

BitShares (BTS) traded down 4.2% against the dollar during the twenty-four hour period ending at 10:00 AM ET on March 30th. During the last seven days, BitShares has traded down 7% against the dollar. BitShares has a total market capitalization of $2.82 million and $91,311.33 worth of BitShares was traded on exchanges in the last day. One BitShares coin can now be bought for $0.0009 or 0.00000001 BTC on major exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• TRON (TRX) traded down 1.7% against the dollar and now trades at $0.23 or 0.00000278 BTC.
• Tezos (XTZ) traded down 1% against the dollar and now trades at $0.65 or 0.00000789 BTC.
• Terra Classic (LUNC) traded up 0% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.4% lower against the dollar and now trades at $0.23 or 0.00000276 BTC.
• Terra (LUNA) traded down 0.8% against the dollar and now trades at $0.18 or 0.00000224 BTC.
• GXChain (GXC) traded 2.4% lower against the dollar and now trades at $0.29 or 0.00000344 BTC.
• Adshares (ADS) traded down 1% against the dollar and now trades at $0.52 or 0.00000635 BTC.

BitShares Coin Profile

BitShares (BTS) uses the hashing algorithm. Its launch date was July 19th, 2014. BitShares’ total supply is 2,995,060,000 coins. BitShares’ official website is bitshares.github.io. BitShares’ official Twitter account is @bitsharesgroup and its Facebook page is accessible here. 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.

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