Bitcoin Gold Trading 8.1% Higher This Week (BTG)

Bitcoin Gold (BTG) traded 93.5% higher against the dollar during the 1-day period ending at 9:00 AM E.T. on January 28th. During the last week, Bitcoin Gold has traded 8.1% higher against the dollar. Bitcoin Gold has a total market cap of $20.24 million and $1.53 thousand worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can currently be bought for about $1.16 or 0.00001284 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• Zcash (ZEC) traded up 1.2% against the dollar and now trades at $384.83 or 0.00427407 BTC.
• Horizen (ZEN) traded 0.5% higher against the dollar and now trades at $9.07 or 0.00010076 BTC.
• Pirate Chain (ARRR) traded 0.3% higher against the dollar and now trades at $0.44 or 0.00000485 BTC.
• Komodo (KMD) traded 2.5% higher against the dollar and now trades at $0.0346 or 0.00000038 BTC.
• ZClassic (ZCL) traded 41.9% higher against the dollar and now trades at $0.26 or 0.00000292 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold (CRYPTO:BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official message board is forum.bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. Bitcoin Gold’s official website is btgofficial.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here.

According to CryptoCompare, “Bitcoin Gold (BTG) is a digital currency that aims to decentralize the process of Bitcoin mining by utilizing GPU hardware, making it more accessible to a wider range of users. BTG is based on the original Bitcoin blockchain but incorporates a different mining algorithm, Equihash, to promote decentralization and prevent the concentration of mining power. BTG was created in 2017 as a fork of Bitcoin, and it maintains similar features such as a limited supply cap of 21 million coins. BTG can be used for peer-to-peer transactions, as well as for mining on GPU hardware to earn rewards for securing the network. BTG aims to provide a more decentralized and democratic approach to mining, empowering individual miners and promoting wider participation in the mining process.”

Buying and Selling Bitcoin Gold

It is usually not presently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to trade Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView