+19.36% growth: How to Buy BitShares (BTS) – A Step by Step Guide
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What is BTS?
Bitshares (BTS), formerly known as ProtoShares, is a peer-to-peer distributed ledger and network that can issue collateralized market-pegged smart coins known as bitAssets. For instance, it can issue crypto-based assets, denominated by “bitAsset”, that track real-world markets like the USD, such as the bitUSD. Each smart coin has at least 100% of its value backed by the BitShares’ native currency, the BTS, which can be converted at any time at an exchange rate set by a trustworthy price feed. Bitshares was created by Dan Larimer, the co-founder of EOS, Steemit, and Cryptonomex. BitShares also has its own decentralized exchange.
Currently BTS is being ranked 69 out of the top 100 cryptocurrencies on Coinmarketcap and has recently surged a hefty 19.36% at the time of writing.
BTS has been listed on a number of crypto exchanges, unlike other main cryptocurrencies it cannot be directly purchased with fiats. However, the good news is that it's being listed on Binance and KuCoin, two of the top crypto exchanges and has huge daily trading volumes. You can easily buy this coin with bitcoin purchased from any large exchanges, in this guide article we will walk you through in detail the steps to buy BTS.