BitShares Trading Up 5.1% Over Last Week (CRYPTO:BTS)

BitShares (CURRENCY:BTS) traded 6.5% higher against the US dollar during the 24-hour period ending at 13:00 PM E.T. on March 19th. One BitShares coin can currently be purchased for about $0.16 or 0.00002125 BTC on major cryptocurrency exchanges including ZB.COM, Binance, Livecoin and BigONE. BitShares has a market capitalization of $409.64 million and $16.46 million worth of BitShares was traded on exchanges in the last day. Over the last seven days, BitShares has traded 5.1% higher against the US dollar.

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

• Cardano (ADA) traded 7.7% higher against the dollar and now trades at $0.17 or 0.00002250 BTC.
• Qtum (QTUM) traded up 4.6% against the dollar and now trades at $14.97 or 0.00202880 BTC.
• OmiseGO (OMG) traded up 10.9% against the dollar and now trades at $9.52 or 0.00129099 BTC.
• Ardor (ARDR) traded 13.6% higher against the dollar and now trades at $0.26 or 0.00003521 BTC.
• Particl (PART) traded 10.5% higher against the dollar and now trades at $10.46 or 0.00141774 BTC.
• Dropil (DROP) traded 7.3% lower against the dollar and now trades at $0.0050 or 0.00000068 BTC.
• Raiden Network Token (RDN) traded up 4.3% against the dollar and now trades at $1.31 or 0.00017765 BTC.
• Quantum Resistant Ledger (QRL) traded 12.7% higher against the dollar and now trades at $0.94 or 0.00012736 BTC.
• ION (ION) traded 1.5% lower against the dollar and now trades at $2.13 or 0.00028830 BTC.
• BitBay (BAY) traded 6.9% higher against the dollar and now trades at $0.0385 or 0.00000522 BTC.

BitShares Profile

BitShares (CRYPTO:BTS) is a proof-of-stake (PoS) coin that uses the SHA-512 hashing algorithm. Its genesis date was July 19th, 2014. BitShares’ total supply is 2,612,690,000 coins. BitShares’ official message board is bitsharestalk.org. BitShares’ official Twitter account is @_bitshares and its Facebook page is accessible here. BitShares’ official website is bitshares.org. The Reddit community for BitShares is /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 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 the following cryptocurrency exchanges: YoBit, AEX, ZB.COM, Livecoin, BitShares Asset Exchange, CoinEgg, Tidex, Gate.io, Lbank, EXX, Poloniex, Binance, BigONE, CryptoBridge, OpenLedger DEX and Bitcoin Indonesia. It is not possible to purchase BitShares directly using US dollars. Investors seeking to trade BitShares must first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase BitShares using one of the aforementioned exchanges.

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