The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Today, the editor of the currency circle will introduce to you the stable currency on the BitShares platform, which is the BITCNY coin, also known as the Bitcoin dollar. BITCNY coin is a stablecoin pegged to the Chinese yuan because it is based on Bit
is released on the Shares platform, so it is available through Bit
Shares wallet transfers and trades, and it can also transfer and trade through the Biter trading platform. The most outstanding feature of this token is that its transmission speed is very fast and its transmission cost is low, so many investors are very interested in this token. Everyone also wants to know the issuance price of this BITCNY coin? Let the editor of the currency circle introduce to you the issuance price of this BITCNY coin.

## What is the issuance price of BITCNY coins?

According to the investigation of the currency circle editor, the issuance price of BITCNY coin is US$0.1641. We are the first DPoS blockchain technology with autonomy, 3-second processing time, and a built-in decentralized finance platform. We combine ethics, responsibility, innovation, fairness, knowledge and 6 years of experience to manage a safe, stable and scalable ecosystem.

Improved voting mechanisms through strict stake locking, power decay due to inactivity, power multipliers to encourage long-term holders/managers, and more – the limited supply of the BitShares reserve pool is finally safe. Mint your own digital assets (cryptocurrencies) using predefined smart contracts at the core level of the BitShares blockchain. With easy-to-use GUI multi-step forms and your own named account with minimal fees, minting has never been easier and safer.

The chain has built-in decentralized asset exchange, minting cryptocurrency through smart contracts, and "borrowing" smart coins through mortgage BTS core tokens, liquidity pools, HTLC, regular payments, etc. A transaction is constructed and then transmitted to the network, containing the instructions the user wants to execute. In its simplest form, it is a transfer operation, which contains the sender, receiver, amount, and optionally an encrypted memo.

Each account can be controlled by a single or weighted combination of other accounts and/or keys. This creates a hierarchy that can be built to reflect real-life permissions—for example, companies or organizations digitally approving and signing off processes. The BitShares blockchain acts as a name-to-public-key resolver in a manner similar to traditional Domain Name Service (DNS). Users can easily remember and pass on their account information instead of error-prone addresses.

## What about BITCNY coins?

BitCNY has the function of rapid global transmission like Bitcoin, and its value is stable, effectively solving the problem of excessive price fluctuations of Bitcoin. Currently, merchants generally accept digital currency payments through third-party service providers like BitPay. After BitPay receives the customer's Bitcoin, it will sell it on the exchange in real time to ensure that the value of the legal currency remains unchanged.

For BitPay, it needs to store funds in multiple exchanges. BitPay's capital costs, operating costs, company profits, etc. all need to be passed on to merchants in the form of handling fees, even if the handling fees are much lower than traditional credit cards. Moreover, if the merchant accepts BitCNY payment, there is no need to convert it into legal currency in real time, because 1BitCNY=1 RMB. If merchants need to exchange BitCNY, they can find some websites for exchange. Exchangers support 1:1 two-way exchange between BitCNY and RMB.

Project Features

1. Fast transmission speed. bitcny is an asset on the bitshares platform, so it is also based on graphene technology. The characteristic of this technology is its fast transmission speed. Withdrawals from the exchange to the wallet can be completed in almost seconds, and most exchanges can be completed within 1 minute.

2. Low transmission cost. It only takes less than 1bitcny from the wallet to the exchange, and the transfer cost is very low.

3. The issuance quantity is small.

The above content is the currency circle editor’s specific analysis on the issue of the issuance price of BITCNY coins. Many investors still don’t know much about BitShares. In fact, BitShares is BitShares, and the BitShares community is a global network. The goal of this network is to create and participate in various distributed autonomous companies, and the company is mainly created through the community BitShares. Teams and third parties use graphene to achieve this. No matter whether you want to invest in this BITCNY coin, it is best to use your own spare money to invest, because the investment risk of digital currency is still relatively high, so it is best for everyone to be cautious when investing.