Bitcoin Gold Price Hits $0.88 on Exchanges (BTG)

Bitcoin Gold (BTG) traded up 1.2% against the U.S. dollar during the twenty-four hour period ending at 11:00 AM Eastern on September 25th. Bitcoin Gold has a market cap of $15.48 million and $193.52 worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can currently be purchased for $0.88 or 0.00001053 BTC on popular cryptocurrency exchanges. During the last week, Bitcoin Gold has traded up 75% against the U.S. dollar.

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

• Zcash (ZEC) traded up 4.2% against the dollar and now trades at $1,563.28 or 0.01862494 BTC.
• Horizen (ZEN) traded 3% higher against the dollar and now trades at $7.55 or 0.00008992 BTC.
• Pirate Chain (ARRR) traded up 10.1% against the dollar and now trades at $0.31 or 0.00000371 BTC.
• ZClassic (ZCL) traded 13.8% higher against the dollar and now trades at $0.73 or 0.00000869 BTC.
• Komodo (KMD) traded down 7.7% against the dollar and now trades at $0.0072 or 0.00000009 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. 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. 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.

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 presently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to acquire Bitcoin Gold should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. 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