| General information | |
|---|---|
| Global rank: | 1272 |
| Name: |
bitCNY |
| Symbol: | BITCNY |
| Current coin price (PGK): | 0.586 K |
| Last hour: | arrow_upward0.050 % |
| Last 24 hours: | arrow_upward0.620 % |
| Last 7 days: | 0.580 %trending_up |
| Capitalisation (PGK): | 6 949 358.23 K |
| Volume 24h (PGK): | 0.000000 K |
| Available supply: | 11 850 500.00 BITCNY |
| Total coin supply: | 100 000 000 000.00 BITCNY |
| Start date: | 05/11/2015 |
| bitCNY (BITCNY) website: | - |
bitCNY/Papua New Guinean Kina (BITCNY/PGK) price chart
bitCNY/Papua New Guinean Kina (BITCNY/PGK) capitalisation and volume charts
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.