Bitcoin Gold (BTG) Trading Up 24.5% This Week

Bitcoin Gold (BTG) traded 31% higher against the US dollar during the 24-hour period ending at 9:00 AM E.T. on June 13th. One Bitcoin Gold coin can currently be purchased for $0.29 or 0.00000457 BTC on cryptocurrency exchanges. In the last seven days, Bitcoin Gold has traded 24.5% higher against the US dollar. Bitcoin Gold has a total market capitalization of $5.13 million and approximately $7.87 thousand worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded 4.1% lower against the dollar and now trades at $416.64 or 0.00649877 BTC.
• Horizen (ZEN) traded 0.7% higher against the dollar and now trades at $4.37 or 0.00006821 BTC.
• Pirate Chain (ARRR) traded down 6.6% against the dollar and now trades at $0.26 or 0.00000409 BTC.
• Komodo (KMD) traded down 5.2% against the dollar and now trades at $0.0678 or 0.00000106 BTC.
• ZClassic (ZCL) traded down 6.5% against the dollar and now trades at $0.17 or 0.00000268 BTC.

About Bitcoin Gold

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

Buying and Selling Bitcoin Gold

It is usually not currently 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, Changelly 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