Total Coins: 4344
Total Market Cap: $ 17,214,374,173,658
24H Trade Volume: $ 6,457,934,019
bitUSD (BITUSD)
BITUSD
$ 0.99636 ( 0.62%)
Mkt. Cap.
$ 13.42 M
Vol. 24H
BITUSD 0 ($ 0)
Open 24h
$ 0.990266055
Low/High 24h
$ 0.9812636364 - $ 1.006
Last trade
BITUSD 0 ($ 0) / OpenLedger

Charts price for bitUSD (BITUSD)

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Description of bitUSD (BITUSD)

bitUSD is a market pegged asset (MPA) issued on the Bitshares platform, these assets are known as bitassets or smartcoins. Smartcoins always have 100% or more of its value backed by BitShares (BTS), and can be redeemed for it at any time. Since the exchange rate of BTS to USD can change, the blockchain protocol deals with increasing and decreasing supply accordingly. This allows users to trade and transfer stable priced tokens across the blockchain and to trade real world commodities like gold and silver in a decentralized manner.