| General information | |
|---|---|
| Global rank: | 941 |
| Name: |
bitUSD |
| Symbol: | BITUSD |
| Current coin price (ZAR): | 15.49 R |
| Last hour: | arrow_upward0.000000 % |
| Last 24 hours: | arrow_upward0.000000 % |
| Last 7 days: | 0.000000 %trending_up |
| Capitalisation (ZAR): | 30 382 553.62 R |
| Volume 24h (ZAR): | 0.000000 R |
| Available supply: | 1 961 580.00 BITUSD |
| Total coin supply: | 100 000 000 000.00 BITUSD |
| Start date: | 05/11/2015 |
| bitUSD (BITUSD) website: | - |
bitUSD/South African Rand (BITUSD/ZAR) price chart
bitUSD/South African Rand (BITUSD/ZAR) capitalisation and volume charts
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.