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What is BitShares (BTS)?

BitShares basic info

Name:BitShares

Ticker:

BTSBuy now

Introduction:

What is BitShares (BTS)?

BitShares Blockchain is a platform that allows individuals to participate in free market solutions by harnessing the power of globally decentralized decision making. It is a decentralized open source technology designed to run high-performance financial technology operations and record financial transactions between different accounts. BitShares Blockchain is governed by a decentralized autonomous community that allows its core utility token holders to determine the future direction of the Blockchain. With BitShares Blockchain, entrepreneurs, investors, and developers can leverage the power of consensus technology to coordinate the discovery and aggregation of real-time knowledge, which can be used to allocate resources more efficiently.

Who are the Founders of BitShares (BTS)?

The BitShares Blockchain was launched in 2015 with the goal of creating a decentralized platform for high-performance financial technologies, enabling individuals to have more control over their finances. The platform was co-founded by some of the cryptocurrency industry's biggest names, including Daniel Larimer, a well-respected software engineer and innovator, and Charles Hoskinson, an entrepreneur and mathematician who was one of the original co-founders of Ethereum.

Today, the BitShares core team consists of 17 permanent workers supported by over 60 long-term contributors with expertise in various fields such as economics, legal, systems administration, and highly skilled developers.

How does BitShares (BTS) Work?

BitShares is a revolutionary platform that aims to bring the power of blockchain technology to various industries that rely on the internet to provide their services. Whether it's banking, stock exchanges, lotteries, voting, music, auctions, or any other industry, BitShares' digital public ledger allows for the creation of distributed autonomous companies (DACs) that can provide better quality services at a fraction of the cost of their centralized counterparts. These DACs are run without any human management and under the control of an incorruptible set of business rules, which are encoded in publicly auditable open-source software distributed across the computers of the companies' shareholders. BitShares has done its best to stay on top of blockchain technology and is using consensus as the mechanism by which organized people decide upon unitary rational action. The BitShares ecosystem employs Delegated Proof of Stake to find efficient solutions to distributed consensus decision making.

What is the BTS Token?

The main utility of BitShares Blockchain is its core token, BTS, which serves as the transaction fee for submitting transactions within the Blockchain and is also utilized for development purposes. Holders of BTS have the power to manage and influence the future of BitShares through various built-in decentralized voting functions integrated within the Blockchain. These functions allow for the issuance of utility to developers for their approved worker proposals and the assignment of committee members responsible for maintaining the dynamic parameters of the Blockchain. Additionally, BTS holders can vote for witness nodes, which are responsible for validating live transactions.

Current price:

$0.001619More price details

All-time high:$0.9168

All-time low:$0.001451

BTS supply and tokenomics

Circulating supply:2,995,060,000 BTS

Total supply:2,995,060,000 BTS

Max supply:3,600,570,502 BTS

Market cap:$4.85M

Fully diluted market cap:$5.83M

Links

Website:https://bitshares.github.io

Whitepaper:https://bitshares.github.io/docs/#/whitepaper

X:https://twitter.com/BitSharesGroup

GitHub:https://github.com/bitshares

Buy BitShares for $1Buy BTS now

What is the development prospect and future value of BTS?

The market value of BTS currently stands at $4.85M, and its market ranking is #1466. The value of BTS is not widely recognized by the market. When the bull market comes, the market value of BTS may have great growth potential.

As a new type of currency with innovative technology and unique use cases, BTS has broad market potential and significant room for development. The distinctiveness and appeal of BTS may attract the interest of specific groups, thereby driving up its market value.

What will the price of BTS be in 2025?

Based on BTS's historical price performance prediction model, the price of BTS is projected to reach $0.002103 in 2025.

What will the price of BTS be in 2030?

In 2030, the BTS price is expected to change by -2.00%. By the end of 2030, the BTS price is projected to reach $0.003636, with a cumulative ROI of +131.02%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of BTS and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

BTS price BTS price prediction BTS news

Is BTS worth investing or holding? How to buy BTS from a crypto exchange?

If you want to buy BTS, the following information may be helpful for your investment decisions:

In the last 7 days, the price of BTS has fallen by -35.19%, leading to negative returns for most BTS investors. The market is currently pessimistic about the price trend of BTS.

It is important to note that the current price of BTS has retreated by -99.82% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether BTS is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in BTS or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of BTS, if you want to buy or sell BTS, you can consider Bitget for your trading needs. The best place to buy BTS is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in BitShares has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy BitShares. Here's a step-by-step guide on how to buy BitShares on Bitget.

Buy BTS now Coin buying guide

How to get BitShares through other methods？

Using cash to buy BitShares is not the only way to obtain BitShares. If you have the time to spare, you can get BitShares for free.

Learn how to earn BitShares for free through the Learn2Earn promotion.

Earn free BitShares by inviting friends to join Bitget's Assist2Earn promotion.

Receive free BitShares airdrops by joining ongoing challenges and promotions.

All crypto airdrops and rewards can be converted to BitShares through Bitget Convert, Bitget Swap, or spot trading.

What is BitShares used for and how to use BitShares?

The use case of BitShares may expand as the crypto market and the project itself develop. Currently, you can use BTS to achieve the following goals:

Arbitrage by trading BTS: Since BTS is a frequently traded cryptocurrency, the price of BTS is always fluctuating. Earn more BTS by buying low and selling high on the exchange. Bitget spot market provides a variety of BTS trading pairs to fully meet your needs.

Earn by staking BTS: You can also generate income through financial management methods such as staking BTS or lending BTS. Bitget Earn offers a variety of financial products designed to help you earn more income from your BTS.

Send or pay BTS: If you want to give BTS to your friends, a charity, or a fundraiser, or you want to pay someone with BTS, you can quickly and easily send BTS to the recipient through their payment address.

You can also go to the official website of the BitShares project to learn more about the use cases of BTS. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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