BitShares BTS 24 Hour Volume Tops $24.95 Million

BitShares BTS 24 Hour Volume Tops $24.95 Million

BitShares (CURRENCY:BTS) traded 6.7% higher against the U.S. dollar during the 1 day period ending at 10:00 AM Eastern on March 27th. During the last week, BitShares has traded 41.8% higher against the U.S. dollar.

One BitShares coin can currently be purchased for $0.23 or 0.00002846 BTC on popular cryptocurrency exchanges including Tidex, CryptoBridge, BigONE and ZB.COM. BitShares has a market cap of $612.04 million and $24.95 million worth of BitShares was traded on exchanges in the last 24 hours.

BitShares (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 2,617,220,000 coins. BitShares’ official Twitter account is @_bitshares and its Facebook page is accessible here. The Reddit community for BitShares is /r/bitshares and the currency’s Github account can be viewed here. The official website for BitShares is bitshares.org. The official message board for BitShares 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 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 traded on these cryptocurrency exchanges: AEX, Livecoin, YoBit, Bitcoin Indonesia, CoinEgg, BitShares Asset Exchange, Gate.io, ZB.COM, BigONE, Poloniex, OpenLedger DEX, Lbank, Binance, Tidex, EXX and CryptoBridge. It is not currently 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 Coinbase, Changelly or GDAX.

Investors can then use their newly-acquired Ethereum or Bitcoin to purchase BitShares using one of the exchanges listed above.

Find out More visit : https://bitshares.org/