Bitcoin Gold (BTG) Price Reaches $0.26 on Exchanges

Bitcoin Gold (BTG) traded 25.2% lower against the U.S. dollar during the one day period ending at 13:00 PM Eastern on July 7th. During the last seven days, Bitcoin Gold has traded down 18.3% against the U.S. dollar. Bitcoin Gold has a total market capitalization of $4.55 million and $21.31 worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can currently be bought for approximately $0.26 or 0.00000407 BTC on exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Zcash (ZEC) traded up 12.4% against the dollar and now trades at $505.60 or 0.00790792 BTC.
• Horizen (ZEN) traded up 2.9% against the dollar and now trades at $4.38 or 0.00006857 BTC.
• Pirate Chain (ARRR) traded 4.4% lower against the dollar and now trades at $0.23 or 0.00000359 BTC.
• ZClassic (ZCL) traded down 1.7% against the dollar and now trades at $0.18 or 0.00000285 BTC.
• Komodo (KMD) traded down 64% against the dollar and now trades at $0.0066 or 0.00000010 BTC.

About Bitcoin Gold

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 btgofficial.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The official message board for Bitcoin Gold 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.

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”

Bitcoin Gold Coin Trading

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