Buy BitShares (BTS)
What is BitShares?
BitShares (BTS) is a decentralized exchange (DEX) platform designed to enable the trading of cryptocurrencies and BitAssets, which are tokens pegged to real-world markets. It aims to provide a high-performance exchange and payment network globally without the need for third-party intermediaries.
How does BitShares work?
BitShares operates on the Graphene blockchain technology, offering transaction speeds of up to 100,000 transactions per second. It utilizes a Delegated Proof of Stake (DPoS) consensus mechanism, where stakeholders vote for delegates to validate transactions and make network decisions. Users can create smart coins called BitAssets, including Market Pegged Assets and other crypto-derived pairs. BitShares also supports the creation of Distributed Autonomous Companies (DACs), which function autonomously based on encoded business rules.
What are the potential use cases for BitShares?
BitShares has a variety of applications, including:
- Decentralized Exchange: Facilitates high-speed, secure trading without centralised intermediaries.
- Financial Services: Offers smart coins for pegged assets and collateralized loans.
- DACs: Enables businesses to operate as autonomous entities on the blockchain, reducing costs.
- Property Investment: Through partnerships, BitShares aims to invest in real estate, backing its technology with tangible assets.
What is the history of BitShares?
BitShares was founded by Dan Larimer and launched in July 2014. Initially called ProtoShares (PTS), it evolved from a Bitcoin clone to a comprehensive financial platform. BitShares experienced significant developments, such as joining the Microsoft Azure blockchain and undergoing a hard fork in 2020, resulting in a new coin, NBS. It has a history of innovative blockchain applications and remains active as a decentralized financial platform.
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Frequently Asked Questions (FAQs)
What is the current price of BitShares (BTS)?
The BitShares price is $0 AUD, representing a 0% from the day prior.
Where is the best place to buy BitShares (BTS) in Australia?
The best place to buy BitShares (BTS) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell BitShares (BTS) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of BitShares (BTS)?
The trading volume of BitShares (BTS) is $0 AUD in the last 24hrs, representing a 0% from the day prior.
How can I buy BitShares (BTS)?
BitShares (BTS) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of BitShares (BTS)?
The current market cap of BitShares (BTS) is $0 AUD.
Can I convert BitShares (BTS) to cash?
Yes - With Coinstash you can convert your BitShares (BTS) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many BitShares (BTS) are there?
The current circulating supply of BitShares (BTS) is 0.
Is Coinstash a safe place to buy BitShares (BTS) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling BitShares (BTS) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.