Bitcoin Gold Hits One Day Trading Volume of $5.03 (BTG)

Bitcoin Gold (BTG) traded 24.5% lower against the US dollar during the twenty-four hour period ending at 12:00 PM ET on July 11th. One Bitcoin Gold coin can now be purchased for $0.26 or 0.00000408 BTC on major exchanges. Over the last seven days, Bitcoin Gold has traded up 0.8% against the US dollar. Bitcoin Gold has a total market cap of $4.59 million and $5.03 worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

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

• Zcash (ZEC) traded down 0.2% against the dollar and now trades at $503.76 or 0.00785004 BTC.
• Horizen (ZEN) traded 0.1% higher against the dollar and now trades at $4.17 or 0.00006497 BTC.
• Pirate Chain (ARRR) traded down 2.7% against the dollar and now trades at $0.22 or 0.00000342 BTC.
• Komodo (KMD) traded up 160.1% against the dollar and now trades at $0.0292 or 0.00000046 BTC.
• ZClassic (ZCL) traded 1.8% lower against the dollar and now trades at $0.17 or 0.00000271 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The official website for Bitcoin Gold is btgofficial.org. 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.

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 buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to trade Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. 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