bitCNY Rank 339
Website
52,627,500 BITCNY

bitCNY
bitCNY
BITCNY

bitCNY $0.14228300
₿0.0000188206

-0.89 %

24h Vol
29,801 BTC
$225,296,772
1 H
0.03 %
24 H
-0.89 %
7 d
-0.91 %
Current bitCNY price is 0.1423 USD, and if converted to Bitcoin is 0.00001882 BTC. A total of 990 coin's are currently circulating in the Market. bitCNY price change last 24 hours is -0.89 %, for more info please view all cryptocurrencies. Over the past 24 hours 2.253 M US dollars bitCNY has been traded on Crypto Exchanges. Track / follow bitCNY's progress by adding it to your favourites by creating a free portfolio if you wish.
Full Name
bitCNY
Symbol
BITCNY
Algorithm
BTC Price
0.00001882 BTC
BTC Market
990 BTC
BTC 24h Vol
29,801 BTC
Total Coins Mined
52,627,500 BITCNY
1h
0.03 %
24h
-0.89 %
7d
-0.91 %
Reddit
Website
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Description

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.


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