BitShares Price Down 35.6% This Week (BTS)

BitShares (BTS) traded 19.1% lower against the U.S. dollar during the 24 hour period ending at 11:00 AM E.T. on January 13th. Over the last week, BitShares has traded 35.6% lower against the U.S. dollar. BitShares has a total market capitalization of $3.39 million and approximately $176,646.18 worth of BitShares was traded on exchanges in the last 24 hours. One BitShares coin can currently be purchased for about $0.0011 or 0.00000001 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded down 7.3% against the dollar and now trades at $0.22 or 0.00000240 BTC.
• Tezos (XTZ) traded 5.2% lower against the dollar and now trades at $1.21 or 0.00001316 BTC.
• Terra Classic (LUNC) traded 4.7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 8.3% lower against the dollar and now trades at $0.44 or 0.00000477 BTC.
• Terra (LUNA) traded down 8.7% against the dollar and now trades at $0.38 or 0.00000413 BTC.
• GXChain (GXC) traded down 3.7% against the dollar and now trades at $0.36 or 0.00000393 BTC.
• Adshares (ADS) traded 4.8% lower against the dollar and now trades at $0.65 or 0.00000705 BTC.

BitShares Coin Profile

BitShares (CRYPTO:BTS) uses the hashing algorithm. It was first traded on July 19th, 2014. BitShares’ total supply is 2,995,060,000 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).”

Buying and Selling BitShares

It is usually not currently 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, Gemini or Changelly. 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