Bitcoin Gold (BTG) Tops 24 Hour Volume of $3.29 Million

Bitcoin Gold (BTG) traded 2.7% lower against the U.S. dollar during the one day period ending at 18:00 PM ET on June 26th. Bitcoin Gold has a total market capitalization of $446.98 million and approximately $3.29 million worth of Bitcoin Gold was traded on exchanges in the last day. Over the last week, Bitcoin Gold has traded up 3.9% against the U.S. dollar. One Bitcoin Gold coin can now be bought for $25.52 or 0.00041878 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded down 1.8% against the dollar and now trades at $19.87 or 0.00032609 BTC.
• Horizen (ZEN) traded down 1.4% against the dollar and now trades at $6.57 or 0.00010784 BTC.
• Komodo (KMD) traded down 1.4% against the dollar and now trades at $0.34 or 0.00000556 BTC.
• Pirate Chain (ARRR) traded 14.1% lower against the dollar and now trades at $0.17 or 0.00000286 BTC.
• ZClassic (ZCL) traded 0.8% lower against the dollar and now trades at $0.0494 or 0.00000081 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. 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 Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. 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 possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to trade Bitcoin Gold should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView