Bitcoin Gold (BTG) 24 Hour Trading Volume Hits $6.87 Thousand

Bitcoin Gold (BTG) traded down 23.5% against the U.S. dollar during the twenty-four hour period ending at 9:00 AM ET on December 23rd. One Bitcoin Gold coin can currently be purchased for about $0.52 or 0.00000596 BTC on major cryptocurrency exchanges. Bitcoin Gold has a market cap of $9.14 million and approximately $6.87 thousand worth of Bitcoin Gold was traded on exchanges in the last 24 hours. During the last week, Bitcoin Gold has traded up 22.2% against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Zcash (ZEC) traded down 7.9% against the dollar and now trades at $415.42 or 0.00474764 BTC.
• Horizen (ZEN) traded down 2.8% against the dollar and now trades at $7.67 or 0.00008768 BTC.
• Pirate Chain (ARRR) traded 14.3% lower against the dollar and now trades at $0.28 or 0.00000316 BTC.
• Komodo (KMD) traded up 2.5% against the dollar and now trades at $0.0387 or 0.00000044 BTC.
• ZClassic (ZCL) traded up 16.7% against the dollar and now trades at $0.28 or 0.00000320 BTC.

Bitcoin Gold Profile

Bitcoin Gold 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. 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. Bitcoin Gold’s official website 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.”

Bitcoin Gold Coin Trading

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

BTG/USD price chart by TradingView