BTS

BitSharesBTS

Rank #331
Coin
On 36,994 watchlists

BitShares Price (BTS)

$0.03867
5.13%

0.0000009067 BTC2.00%

0.0000131 ETH0.77%

Low:$0.03745
High:$0.04085
24h
BTS  BitShares BTS
Price:
$0.03867
 5.13%
Market Cap
$115,792,359
5.13%
Fully Diluted Market Cap
$139,228,102
5.13%
Volume
24h
$14,170,495
2.76%
Volume / Market Cap
0.1224
Circulating Supply
2.99B BTS
83%
Max Supply
3,600,570,502
Total Supply
2,994,500,000
Sponsored

BitShares to USD Chart

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BTS Price Live Data

The live BitShares price today is $0.038668 USD with a 24-hour trading volume of $14,170,495 USD. We update our BTS to USD price in real-time. BitShares is down 5.13% in the last 24 hours. The current CoinMarketCap ranking is #331, with a live market cap of $115,792,359 USD. It has a circulating supply of 2,994,500,000 BTS coins and a max. supply of 3,600,570,502 BTS coins.

If you would like to know where to buy BitShares, the top exchanges for trading in BitShares are currently Binance, Huobi Global, Mandala Exchange, CoinTiger, and BKEX. You can find others listed on our crypto exchanges page.

What Is BitShares (BTS)?

BitShares is a decentralized platform designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries.

It was originally launched in July 2014 under the name ProtoShares (PTS) but was rebranded to BitShares (BTS) less than a year later.

The platform is powered by the BitShares (BTS) token, a native utility token that can be used for several purposes, including the creation of smartcoins known as “BitAssets,” which can have a variety of parameters and can represent practically anything — such as reward points, collateralized fiat-pegged tokens and IOUs.

The BitShares platform is managed by a decentralized autonomous company (DAC), which allows BTS token holders to decide the future of the platform, and decide which features to add next.

It runs on an open-source blockchain implementation known as Graphene, which is reportedly capable of processing up to 100,000 transactions per second (TPS) — making it faster than both MasterCard and VISA combined.

As of January 2021, BitShares is in the process of a relaunch, and will be going through several major changes throughout going forward.

Who Are the Founders of BitShares?

BitShares was co-founded in 2013 by some of the cryptocurrency industry's biggest names, these include:

\ Daniel Larimer, an accomplished software engineer and the co-founder of several other prominent blockchain ventures including EOS.IO, Block.one and Steemit. Larimer is an esteemed name in the cryptocurrency space and is widely regarded as one of its leading innovators.

Charles Hoskinson, an entrepreneur and mathematician who is one of the original eight co-founders of Ethereum — the second most successful blockchain platform (behind Bitcoin). Today, Hoskinson works as the CEO of Input Output HK (IOHK), the research and development company behind Cardano (ADA).

As of January 2021, the BitShares core team consists of 17 permanent workers, supported by more than 60 long-term contributors — covering a range of disciplines including economics and legal, to systems admins and highly skilled developers.

What Makes BitShares Unique?

One of BitShares’ major distinguishing features is its integrated decentralized cryptocurrency exchange platform (DEX), which allows users to trade regular cryptocurrencies, as well as more traditional financial instruments (via BitAssets) without middlemen.

Because of its native DEX and support for synthetic assets (BitAssets), BitShares is often touted as the world’s first DeFi capable blockchain.

As we previously touched on, BitShares uses distributed autonomous companies (DACs) to produce a self-governing, self-financing system that allows BTS holders to set the business rules that govern the BitShares ecosystem through a secure proposal and voting procedure.

BitShares is also one of the few blockchain platforms to completely do away with addresses. Instead, it uses simple memos to distinguish users, making it one of the more accessible crypto platforms. It is also built around a popular referral program that is used to incentivize the growth of the network by distributing upgrade fees between referrers and the BitShares network.

It was the first blockchain to use self-governed delegated proof-of-stake (DPoS) technology and has an ~3-second processing time for transactions, making it one of the fastest blockchains currently operating.

In September 2020, the BitShares platform underwent a hard fork, leading to the creation of New BitShares (NBS) — a derivative project that is not affiliated with the original BitShares. As a result of the fork, BTS holders were airdropped NBS tokens at a 1:1 ratio.

Check out Synthetix (SNX) — a DeFi platform used for minting synthetic assets.

Check out Litecoin (LTC) — one of the most popular high-speed cryptocurrencies.

Want to learn more about blockchains? Read “What Is a Blockchain?” to get up to speed.

Stay on top of the crypto market with the CoinMarketCap blog.

How Many BitShares (BTS) Coins Are There in Circulation?

As of January 2021, there were just under 3 billion BTS in circulation. This is equivalent to 83% of the maximum BTS supply — making it highly diluted.

BitShares was initially funded by community investments totaling 5,904 BTC, as well as 415,000 Proton Shares (PTN) in 2014. At the time, this was worth around $3.6 million.

The full BTS tokenomics are not publicly available.

How Is the BitShares Network Secured?

BitShares uses a custom delegated proof-of-stake (DPoS) consensus mechanism to secure its network. This uses a combination of witnesses and decentralized voting processes to produce a more democratic consensus system that avoids the possible negative effects of centralization.

This system reduces the need for multiple transaction confirmations, ensuring BitShares transactions can be finalized extremely quickly. Instead, delegates (known as witnesses) are responsible for producing and broadcasting blocks, with numerous safeguards in place to ensure these witnesses act in the best interests of the network.

Where Can You Buy BitShares (BTS)?

BitShares tokens are currently available to purchase or trade on several of the most prominent cryptocurrency exchange platforms. Some of the most popular include Binance, Huobi Global and HitBTC.

As of January 2021, the most liquid BTS trading pairs include BTS/USDT, BTS/BTC, and BTS/ETH. There are currently no liquid BTS to fiat trading pairs.

If you are looking to purchase BTS using your credit or debit card, see our brief guide to buying cryptocurrencies with fiat — here.

BTS to USD Converter

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BTS Price Statistics

BitShares Price Today
BitShares Price$0.03867
Price Change24h$-0.002091
5.13%
24h Low / 24h High
$0.03745 /
$0.04085
Trading Volume24h$14,170,494.84
2.76%
Volume / Market Cap0.1224
Market Dominance0.01%
Market Rank#331
BitShares Market Cap
Market Cap$115,792,358.64
5.13%
Fully Diluted Market Cap$139,228,101.81
5.13%
BitShares Price Yesterday
Yesterday's Low / High
$0.0375 /
$0.04132
Yesterday's Open / Close
$0.03952 /
$0.03763
Yesterday's Change

4.79%

Yesterday's Volume$14,990,087.26
BitShares Price History
7d Low / 7d High
$0.03745 /
$0.04705
30d Low / 30d High
$0.03671 /
$0.06843
90d Low / 90d High
$0.03333 /
$0.06843
52 Week Low / 52 Week High
$0.01409 /
$0.1739
All Time High
Jan 02, 2018 (4 years ago)
$0.9168
95.78%
All Time Low
Jan 07, 2016 (6 years ago)
$0.002387
1519.94%
BitShares ROI

192.32%

BitShares Supply
Circulating Supply2,994,500,000 BTS
Total Supply2,994,500,000 BTS
Max Supply3,600,570,502 BTS