Bitcoin Gold Price Reaches $34.27 on Major Exchanges (BTG)

Bitcoin Gold (BTG) traded up 0.4% against the dollar during the twenty-four hour period ending at 14:00 PM ET on April 26th. One Bitcoin Gold coin can now be bought for $34.27 or 0.00053500 BTC on major exchanges. Bitcoin Gold has a total market capitalization of $600.21 million and $3.10 million worth of Bitcoin Gold was traded on exchanges in the last day. During the last seven days, Bitcoin Gold has traded down 3.4% against the dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded down 2.1% against the dollar and now trades at $22.99 or 0.00035889 BTC.
• Horizen (ZEN) traded down 1.8% against the dollar and now trades at $8.84 or 0.00013802 BTC.
• Pirate Chain (ARRR) traded up 1.7% against the dollar and now trades at $0.42 or 0.00000655 BTC.
• Komodo (KMD) traded 5.1% lower against the dollar and now trades at $0.40 or 0.00000632 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded down 5.8% against the dollar and now trades at $0.0579 or 0.00000090 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The official website for Bitcoin Gold is bitcoingold.org. Bitcoin Gold’s official message board is forum.bitcoingold.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.

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, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView