Bitcoin Gold (BTG) Reaches 24-Hour Trading Volume of $9.67 Million

Bitcoin Gold (BTG) traded down 6.9% against the US dollar during the 1 day period ending at 21:00 PM E.T. on April 17th. During the last week, Bitcoin Gold has traded down 24.9% against the US dollar. One Bitcoin Gold coin can now be purchased for $34.33 or 0.00055943 BTC on exchanges. Bitcoin Gold has a market cap of $601.32 million and $9.67 million worth of Bitcoin Gold was traded on exchanges in the last day.

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

• Zcash (ZEC) traded down 2.7% against the dollar and now trades at $20.92 or 0.00034086 BTC.
• Horizen (ZEN) traded down 1.5% against the dollar and now trades at $8.37 or 0.00013640 BTC.
• Pirate Chain (ARRR) traded 3.7% higher against the dollar and now trades at $0.34 or 0.00000561 BTC.
• Komodo (KMD) traded down 5.6% against the dollar and now trades at $0.38 or 0.00000627 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 6.6% lower against the dollar and now trades at $0.0568 or 0.00000092 BTC.

Bitcoin Gold Profile

BTG 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 bitcoingold.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, “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.”

Bitcoin Gold Coin Trading

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

BTG/USD price chart by TradingView