Bitcoin Gold Price Reaches $0.87 on Major Exchanges (BTG)

Bitcoin Gold (BTG) traded up 1.2% against the US dollar during the 1-day period ending at 11:00 AM Eastern on September 29th. Bitcoin Gold has a market cap of $15.31 million and $193.52 worth of Bitcoin Gold was traded on exchanges in the last day. During the last seven days, Bitcoin Gold has traded up 59.6% against the US dollar. One Bitcoin Gold coin can now be purchased for approximately $0.87 or 0.00001053 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded 7.3% lower against the dollar and now trades at $1,417.49 or 0.01707386 BTC.
• Horizen (ZEN) traded 1.3% higher against the dollar and now trades at $6.97 or 0.00008392 BTC.
• Pirate Chain (ARRR) traded down 10% against the dollar and now trades at $0.27 or 0.00000331 BTC.
• Komodo (KMD) traded down 15.9% against the dollar and now trades at $0.0752 or 0.00000091 BTC.
• ZClassic (ZCL) traded 9.2% higher against the dollar and now trades at $0.88 or 0.00001065 BTC.

Bitcoin Gold Profile

Bitcoin Gold 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. 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 btgofficial.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 currently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to acquire Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView