Looking for bitUSD? Find BITUSD Price, Exchanges, Reviews, Chart, Historical Data & BITUSD Marketcap
bitUSD (BITUSD) Ranked 1174 in Coin Market Daddy Currencies Index. bitUSD (BITUSD) price is $0.823315. It has a current circulating supply of 1,961,580 BITUSD and a Marketcap of $1.57M. worth of bitUSD (BITUSD) has been traded in the past 24 hours. bitUSD (BITUSD) currency type is token (BitShares). BITUSD trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update bitUSD (BITUSD) and contribute to CMD Cryptocurrency Encyclopedia.
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.