bitCNY BITCNY

Live bitCNY prices from all markets and BITCNY coin market Capitalization. Buy bitCNY at the lowest Price. More on Bitcoin Price, Ethereum Price, Ripple Price, Bitcoin Cash, Litecoin.

Price

BTC 0.0000
USD

0.14

Market Cap.

USD

18,938,890

Change % (1H)

%

-0.21

Change % (24H)

%

0.74

bitCNY (BITCNY) Historical Price & Volume Charts

Description

bitCNY 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 CNY 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.

Genesis Date: 2015-05-11

Date Price Volume
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