BitShares Trading 4.9% Lower This Week (BTS)

Original Source    2018-04-11 07:04

BitShares (CURRENCY:BTS) traded 2.8% higher against the dollar during the 1-day period ending at 21:00 PM Eastern on March 19th. BitShares has a total market capitalization of $372.53 million and $6.40 million worth of BitShares was traded on exchanges in the last day. During the last seven days, BitShares has traded down 4.9% against the dollar. One BitShares coin can now be purchased for approximately $0.14 or 0.00002082 BTC on major exchanges including BitShares Asset Exchange, Tidex, EXX and ZB.COM.

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

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  • Cardano (ADA) traded 3.2% higher against the dollar and now trades at $0.16 or 0.00002288 BTC.
  • Qtum (QTUM) traded 1.1% higher against the dollar and now trades at $13.55 or 0.00198100 BTC.
  • OmiseGO (OMG) traded up 2.5% against the dollar and now trades at $9.31 or 0.00136096 BTC.
  • Wanchain (WAN) traded up 23.7% against the dollar and now trades at $4.57 or 0.00066771 BTC.
  • Ardor (ARDR) traded 4.1% higher against the dollar and now trades at $0.25 or 0.00003720 BTC.
  • Mixin (XIN) traded down 15.1% against the dollar and now trades at $309.74 or 0.04527070 BTC.
  • Particl (PART) traded 3.5% higher against the dollar and now trades at $12.38 or 0.00180968 BTC.
  • Dropil (DROP) traded down 1.2% against the dollar and now trades at $0.0041 or 0.00000061 BTC.
  • Raiden Network Token (RDN) traded up 7% against the dollar and now trades at $1.30 or 0.00018929 BTC.
  • ION (ION) traded 1% lower against the dollar and now trades at $2.28 or 0.00033361 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 2,614,720,000 coins. BitShares’ official Twitter account is @_bitshares and its Facebook page is accessible here. BitShares’ official website is BitShares’ official message board is 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 these cryptocurrency exchanges: YoBit, BitShares Asset Exchange,, EXX, Bitcoin Indonesia, AEX, Poloniex, OpenLedger DEX, CryptoBridge, Lbank, ZB.COM, Tidex, Binance, Livecoin, CoinEgg and BigONE. It is not presently possible to purchase BitShares directly using US dollars. Investors seeking to trade BitShares must first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase BitShares using one of the exchanges listed above.

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Original Source