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.
- Bitshares (BTS) started as a decentralized cryptocurrency exchange and later migrated into a public blockchain infrastructure. Bitshares was built in July 2014 by Dan Larimer (Steem/EOS’s co-founder) and Charles Hoskinson (Cardano’s founder).
- The BitShares blockchain was the first to implement a Delegated Proof-of-Stake (DPoS) consensus mechanism, in which token holders are allowed to delegate their token to validators without having to run a validating node themselves.
- The BitShares platform can be used to launch Decentralized Autonomous Companies (“DAC”) which issue shares, produce profits and distribute profits to shareholders.
- The BTS token is used for transaction fees, voting, and staking within the BitShares Network.
1.Step: Everyone who is planning to invest in or benefit from the advantages of cryptocurrencies wonders the answer to Where to buy Bts coin question. First, you need an online wallet to buy cryptocurrencies. You need to sign up to Binance exchange from here, which is preferred globally to buy coins and you can buy coins with fiat currencies. You can quickly access many assets and trade types such as altcoins, future markets, and margin by creating a Binance account.
2.Step: Complete your registration by typing an email to the email section or typing your phone number on the section available on the mobile tab. Click/tap on the “Buy Crypto with Your Credit Card” option after the registration and verify your identity.
3.Step: Continue the process by typing the amount you would like to invest and your preferred cryptocurrency. Keep in mind that for security reasons, your credit card/debit cardholder information must match with the name available on your account. If you would like to buy cryptocurrencies with a wire transfer, you need to follow the Buy Crypto > Third-Party Payment options to pick your preferred fiat currency to buy cryptocurrencies.
4.Step: If the cryptocurrency you are planning to buy is not available on the list, buy USDT “You can always redeem 1 USDT Coin for US $1.00”. You can buy any coin you want with USDT by following Buy-Sell > Classic steps. We have provided the answer to How to buy BitShares coin, now you can view the cryptocurrencies you bought by clicking on the wallet summary available on your Binance account. You can sell your assets when their value increases, or you can withdraw them to your bank account in desired fiat currency.
BitShares (BTS) coin prices are updated instantly in USD, Euro, Sterling currencies in the following table.
You can learn more about BitShares (BTS) coin reviews and information on cryptocurrencies by visiting their official page available in the following.
Website https://bitshares.org/ Github https://github.com/bitshares/ Documentation https://docs.bitshares.org/ Telegram https://t.me/BitSharesDAC