Hey guys, time for another daily update. 

I stumbled across BTS today, doing some ongoing research, and it turns out that their Mainnet 4.0 is scheduled to be released on June 30th. We all know what that means, right? Gainz! (Possibly, DYOR). All of this was confirmed on their Telegram channel. 

Well, of course, that’s not necessarily true, but if history is any indicator, there’s nothing that props up the price of a token as much as a mainnet launch or a listing on Binance, lol. 

What is BitShares? 

To be quite frank with you, I didn’t know a lot about BitShares until today. I spent some time digging up their original White Paper and, as it turns out, they’re quite the veterans!

Their network, as it exists today, was launched all the way back in 2015 where their community predates it from 2013. 

According to that long-ass document, this is an industrial-grade blockchain platform, designed to harbor “high-performance financial smart contracts.” 

It’s governed by a delegated Proof of Stake consensus algorithm. Put in simple terms, that’s like Proof of Stake (PoS), but there are delegates who get to vote on behalf of those who delegate their rights to them. 

Think of it this way: you have the right to vote, but you delegate it to someone, who then votes for you. The idea is that agreements are reached quicker and easier and it doesn’t clog the whole process. TRON runs a similar consensus algorithm. 

Please note that I’ve put this in the simplest terms possible. I don’t want to make any of this more technical than it has to. As we all know, there’s a lot of flashy terms thrown in the industry that can be said with a lot simpler words. But then again, they wouldn’t be so *revolutionary*. 

Why Buy BTS Tokens?

I’ve personally grabbed myself a bag of BTS. That’s the network’s native cryptocurrency. My reasoning behind this is as simple as most of the comments made by Justin Sun: mainnet announcements tend to pump prices. 

That’s it. I don’t know and, quite frankly, I don’t really care about BitShares, I just want to stack some more BTC out of it. The price is relatively reasonable right now, and what is more, it’s trading around the edges of a textbook ascending triangle, meaning that a breakout from here could potentially pump it considerably. 

Where to Buy BTS Tokens?

I personally trade them on Binance. If you don’t have an account, you can create one using this link. 

Yes, the link is a referral, but you will get 10% off on your trading fees, which is quite awesome. Plus, you’d be helping me out a ton so that I can keep providing you with those timely updates!

Disclaimer: None of the above is to be considered financial or trading advice. The content is for informational purposes only. You should always do your own research (DYOR) and know that trading cryptocurrencies brings a risk of serious capital loss. Only trade money you can afford to lose!

P.S. I hope I will have the time to create the ultimate trading guide for Binance Futures later this evening. Also, tomorrow I will dive into Compound and where you can buy COMP. Stay tuned and smash that like button for more of the above!