Bitcoin Gold (BTG) Hits 24 Hour Volume of $22.18

Bitcoin Gold (BTG) traded down 0.3% against the U.S. dollar during the 24-hour period ending at 11:00 AM Eastern on July 3rd. Bitcoin Gold has a total market cap of $5.11 million and $22.18 worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can currently be bought for approximately $0.29 or 0.00000471 BTC on cryptocurrency exchanges. During the last week, Bitcoin Gold has traded 6.4% higher against the U.S. dollar.

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

• Zcash (ZEC) traded 6% higher against the dollar and now trades at $464.35 or 0.00749897 BTC.
• Horizen (ZEN) traded 2.6% higher against the dollar and now trades at $4.34 or 0.00007004 BTC.
• Pirate Chain (ARRR) traded 2.8% higher against the dollar and now trades at $0.24 or 0.00000394 BTC.
• Komodo (KMD) traded down 0.1% against the dollar and now trades at $0.15 or 0.00000247 BTC.
• ZClassic (ZCL) traded down 0.6% against the dollar and now trades at $0.18 or 0.00000291 BTC.

Bitcoin Gold Coin Profile

BTG 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. The official website for Bitcoin Gold is btgofficial.org. The official message board for Bitcoin Gold is forum.bitcoingold.org.

According to CryptoCompare, “BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. This type of equipment tends to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have. Telegram, Discord, Facebook, Youtube, Reddit, Medium”

Buying and Selling Bitcoin Gold

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

BTG/USD price chart by TradingView