Bitcoin Gold Market Cap Achieves $6.26 Million (BTG)

Bitcoin Gold (BTG) traded down 2.9% against the U.S. dollar during the 1-day period ending at 11:00 AM ET on July 31st. During the last seven days, Bitcoin Gold has traded up 55.3% against the U.S. dollar. Bitcoin Gold has a total market capitalization of $6.26 million and approximately $117.92 worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can currently be bought for approximately $0.36 or 0.00000570 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded down 4.1% against the dollar and now trades at $455.24 or 0.00726399 BTC.
• Horizen (ZEN) traded up 0.2% against the dollar and now trades at $3.83 or 0.00006106 BTC.
• Pirate Chain (ARRR) traded down 0.3% against the dollar and now trades at $0.21 or 0.00000330 BTC.
• ZClassic (ZCL) traded 0.9% lower against the dollar and now trades at $0.14 or 0.00000229 BTC.
• Komodo (KMD) traded up 31.7% against the dollar and now trades at $0.0087 or 0.00000014 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. 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 message board is forum.bitcoingold.org.

According to CryptoCompare, “BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. This type of equipment tends to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have. Telegram, Discord, Facebook, Youtube, Reddit, Medium”

Buying and Selling Bitcoin Gold

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

BTG/USD price chart by TradingView