Bitcoin Gold (BTG) Price Hits $24.00 on Major Exchanges

Bitcoin Gold (BTG) traded down 4.6% against the dollar during the 1 day period ending at 21:00 PM Eastern on July 3rd. Over the last week, Bitcoin Gold has traded down 4% against the dollar. Bitcoin Gold has a total market capitalization of $420.27 million and $2.50 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can currently be bought for about $24.00 or 0.00039849 BTC on major cryptocurrency exchanges.

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

• Zcash (ZEC) traded down 2.1% against the dollar and now trades at $20.29 or 0.00033696 BTC.
• Horizen (ZEN) traded down 0% against the dollar and now trades at $7.91 or 0.00013131 BTC.
• Komodo (KMD) traded down 7.3% against the dollar and now trades at $0.30 or 0.00000497 BTC.
• Pirate Chain (ARRR) traded 0.4% higher against the dollar and now trades at $0.18 or 0.00000299 BTC.
• ZClassic (ZCL) traded 3.7% lower against the dollar and now trades at $0.0483 or 0.00000080 BTC.

Bitcoin Gold Coin Profile

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

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 trade Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView