Bitcoin Gold (BTG) 1-Day Volume Hits $9.73 Million

Bitcoin Gold (BTG) traded down 2.2% against the U.S. dollar during the twenty-four hour period ending at 14:00 PM Eastern on April 17th. One Bitcoin Gold coin can now be purchased for approximately $35.57 or 0.00057546 BTC on popular cryptocurrency exchanges. Bitcoin Gold has a total market cap of $623.02 million and approximately $9.73 million worth of Bitcoin Gold was traded on exchanges in the last day. In the last seven days, Bitcoin Gold has traded down 22.3% against the U.S. dollar.

Here is how similar cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded 0.8% higher against the dollar and now trades at $21.31 or 0.00034479 BTC.
• Horizen (ZEN) traded up 1.1% against the dollar and now trades at $8.56 or 0.00013850 BTC.
• Pirate Chain (ARRR) traded up 0.9% against the dollar and now trades at $0.30 or 0.00000488 BTC.
• Komodo (KMD) traded 5.5% lower against the dollar and now trades at $0.39 or 0.00000630 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 2.5% lower against the dollar and now trades at $0.0583 or 0.00000094 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 Twitter account is @bitcoingold and its Facebook page is accessible here. The official message board for Bitcoin Gold is forum.bitcoingold.org. Bitcoin Gold’s official website 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.”

Bitcoin Gold Coin Trading

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

BTG/USD price chart by TradingView

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