Bitcoin Private Hits Market Cap of $910.56 Thousand (BTCP)

Bitcoin Private (BTCP) traded flat against the U.S. dollar during the twenty-four hour period ending at 11:00 AM ET on January 20th. Bitcoin Private has a market capitalization of $910.56 thousand and approximately $24.10 worth of Bitcoin Private was traded on exchanges in the last 24 hours. During the last week, Bitcoin Private has traded up 0.5% against the U.S. dollar. One Bitcoin Private coin can now be bought for $0.19 or 0.00000700 BTC on major exchanges.

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

• Zcash (ZEC) traded down 4.3% against the dollar and now trades at $357.44 or 0.00393701 BTC.
• Horizen (ZEN) traded 7.7% lower against the dollar and now trades at $10.33 or 0.00011380 BTC.
• Pirate Chain (ARRR) traded down 16.8% against the dollar and now trades at $0.41 or 0.00000448 BTC.
• Bitcoin Gold (BTG) traded down 16.2% against the dollar and now trades at $1.18 or 0.00001301 BTC.
• Komodo (KMD) traded down 31.6% against the dollar and now trades at $0.0251 or 0.00000028 BTC.
• ZClassic (ZCL) traded down 3.3% against the dollar and now trades at $0.32 or 0.00000358 BTC.

Bitcoin Private Profile

Bitcoin Private is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on March 3rd, 2018. Bitcoin Private’s total supply is 22,815,307 coins and its circulating supply is 4,785,761 coins. The Reddit community for Bitcoin Private is https://reddit.com/r/btc_private and the currency’s Github account can be viewed here. Bitcoin Private’s official website is btcprivate.org. Bitcoin Private’s official Twitter account is @bitcoinprivate and its Facebook page is accessible here.

According to CryptoCompare, “Bitcoin Private (BTCP) is a Bitcoin hard fork with the snapshot happening on February 28th, the fork will consist of a mix between BTC and ZCL.BTCP will use ZClassic (zk-snarks). This means payments are published on a public blockchain, but the sender, recipient and other transactional metadata remain unidentifiable.”

Buying and Selling Bitcoin Private

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

BTCP/USD price chart by TradingView