Bitcoin Gold Tops 1-Day Volume of $0.95 (BTG)

Bitcoin Gold (BTG) traded up 7.2% against the US dollar during the twenty-four hour period ending at 11:00 AM E.T. on September 21st. Bitcoin Gold has a market capitalization of $9.47 million and $0.95 worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can now be bought for approximately $0.54 or 0.00000628 BTC on exchanges. In the last seven days, Bitcoin Gold has traded up 10.1% against the US dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded 5% higher against the dollar and now trades at $1,510.27 or 0.01756225 BTC.
• Horizen (ZEN) traded up 4.9% against the dollar and now trades at $7.76 or 0.00009020 BTC.
• Pirate Chain (ARRR) traded down 14% against the dollar and now trades at $0.27 or 0.00000315 BTC.
• Komodo (KMD) traded 742.6% higher against the dollar and now trades at $0.0706 or 0.00000082 BTC.
• ZClassic (ZCL) traded up 47.3% against the dollar and now trades at $0.90 or 0.00001041 BTC.

About Bitcoin Gold

Bitcoin Gold (CRYPTO:BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The official message board for Bitcoin Gold is forum.bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official website is btgofficial.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed 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 currently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to trade Bitcoin Gold should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView