Bitcoin Gold (BTG) 24 Hour Trading Volume Hits $11.44 Million

Bitcoin Gold (BTG) traded up 2% against the US dollar during the one day period ending at 10:00 AM Eastern on July 10th. Bitcoin Gold has a total market capitalization of $405.36 million and approximately $11.44 million worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can currently be purchased for $23.15 or 0.00040052 BTC on major exchanges. In the last week, Bitcoin Gold has traded 4.9% lower against the US dollar.

Here’s how related cryptocurrencies have performed in the last day:

  • Zcash (ZEC) traded up 6.5% against the dollar and now trades at $23.06 or 0.00039909 BTC.
  • Horizen (ZEN) traded 5.3% higher against the dollar and now trades at $10.84 or 0.00018758 BTC.
  • Komodo (KMD) traded up 1% against the dollar and now trades at $0.30 or 0.00000516 BTC.
  • Pirate Chain (ARRR) traded 0.1% lower against the dollar and now trades at $0.16 or 0.00000280 BTC.
  • ZClassic (ZCL) traded 2% higher against the dollar and now trades at $0.0474 or 0.00000082 BTC.

Bitcoin Gold Profile

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.”

Bitcoin Gold Coin Trading

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

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