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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- Rank #N/A
- Market Cap
-
- 24H Spot Volume
- 24H Volume / Market Cap
-
- Circulating Supply
41,232,009.00
- Total Supply
100,000,000,000
- Max Supply
-
- Fully Diluted Valuation
-
- API ID bitcny
- Project Start Date -
- Contracts & Explorer(s) https://cryptofresh.com/a/CNY
- Websites Website
- Links
About BITCNY
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