Bitcoin Gold (BTG) Hits 24 Hour Volume of $1.27 Million

Bitcoin Gold (BTG) traded up 0.8% against the US dollar during the one day period ending at 15:00 PM E.T. on September 7th. During the last week, Bitcoin Gold has traded 6.7% lower against the US dollar. One Bitcoin Gold coin can now be bought for $20.53 or 0.00037843 BTC on major exchanges. Bitcoin Gold has a market cap of $359.48 million and $1.27 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

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

• Zcash (ZEC) traded 3.5% higher against the dollar and now trades at $27.89 or 0.00051413 BTC.
• Horizen (ZEN) traded 3.9% higher against the dollar and now trades at $7.96 or 0.00014671 BTC.
• Pirate Chain (ARRR) traded 0.2% lower against the dollar and now trades at $0.17 or 0.00000313 BTC.
• Komodo (KMD) traded 1.7% higher against the dollar and now trades at $0.23 or 0.00000420 BTC.
• ZClassic (ZCL) traded up 1% against the dollar and now trades at $0.0450 or 0.00000083 BTC.

About Bitcoin Gold

Bitcoin Gold (CRYPTO: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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The official website for Bitcoin Gold is bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. The official message board for Bitcoin Gold is forum.bitcoingold.org.

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 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 GDAX, Changelly 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