Bitcoin Gold (BTG) 24 Hour Trading Volume Hits $2.09 Million

Bitcoin Gold (BTG) traded 0.1% higher against the dollar during the one day period ending at 17:00 PM ET on September 12th. One Bitcoin Gold coin can currently be bought for $21.73 or 0.00037372 BTC on major exchanges. Over the last week, Bitcoin Gold has traded 2.7% higher against the dollar. Bitcoin Gold has a market capitalization of $380.59 million and $2.09 million worth of Bitcoin Gold was traded on exchanges in the last day.

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

• Zcash (ZEC) traded down 1.2% against the dollar and now trades at $29.33 or 0.00050436 BTC.
• Horizen (ZEN) traded 3.3% higher against the dollar and now trades at $8.07 or 0.00013872 BTC.
• Pirate Chain (ARRR) traded 3.1% higher against the dollar and now trades at $0.18 or 0.00000303 BTC.
• Komodo (KMD) traded up 1.9% against the dollar and now trades at $0.25 or 0.00000434 BTC.
• ZClassic (ZCL) traded up 1.8% against the dollar and now trades at $0.0460 or 0.00000079 BTC.

About Bitcoin Gold

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. 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 Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official message board is forum.bitcoingold.org. The official website for Bitcoin Gold is 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 acquire Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView