BitShares Hits Market Cap of $417.81 Million (BTS)
BitShares (CURRENCY:BTS) traded 1.3% lower against the US dollar during the 24-hour period ending at 11:00 AM ET on February 19th. BitShares has a market cap of $417.81 million and approximately $5.74 million worth of BitShares was traded on exchanges in the last 24 hours. In the last seven days, BitShares has traded 13.2% lower against the US dollar. One BitShares coin can now be bought for $0.16 or 0.00001836 BTC on popular cryptocurrency exchanges including BigONE, Bitcoin Indonesia, Poloniex and CoinEgg.
Here’s how related cryptocurrencies have performed in the last 24 hours:
- Cardano (ADA) traded down 0.9% against the dollar and now trades at $0.22 or 0.00002480 BTC.
- OmiseGO (OMG) traded 4.3% lower against the dollar and now trades at $12.70 or 0.00145640 BTC.
- Qtum (QTUM) traded down 3% against the dollar and now trades at $17.50 or 0.00200674 BTC.
- Ardor (ARDR) traded 12.4% higher against the dollar and now trades at $0.34 or 0.00003902 BTC.
- Particl (PART) traded 16% lower against the dollar and now trades at $15.94 or 0.00182850 BTC.
- Raiden Network Token (RDN) traded down 3.5% against the dollar and now trades at $1.85 or 0.00021169 BTC.
- ION (ION) traded 9% lower against the dollar and now trades at $2.82 or 0.00032314 BTC.
- BitBay (BAY) traded down 5.1% against the dollar and now trades at $0.0537 or 0.00000616 BTC.
- Quantum Resistant Ledger (QRL) traded 9.2% lower against the dollar and now trades at $0.92 or 0.00010593 BTC.
- Rise (RISE) traded 3.8% lower against the dollar and now trades at $0.35 or 0.00004024 BTC.
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 purchased on these cryptocurrency exchanges: Gate.io, CoinEgg, Bitcoin Indonesia, BitShares Asset Exchange, Tidex, Binance, ZB.COM, EXX, YoBit, AEX, BigONE, Lbank, OpenLedger DEX, Poloniex, Livecoin and CryptoBridge. It is not presently possible to buy BitShares directly using US dollars. Investors seeking to acquire BitShares must first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy BitShares using one of the aforementioned exchanges.
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