Bitcoin Private (BTCP) Trading 0.5% Higher This Week

Bitcoin Private (BTCP) traded flat against the US dollar during the 24 hour period ending at 23:00 PM Eastern on August 9th. One Bitcoin Private coin can now be bought for $0.19 or 0.00000700 BTC on popular cryptocurrency exchanges. Bitcoin Private has a market cap of $910,556.88 and $24.10 worth of Bitcoin Private was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin Private has traded 0.5% higher against the US dollar.

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

• Zcash (ZEC) traded up 13.4% against the dollar and now trades at $40.95 or 0.00067510 BTC.
• Bitcoin Gold (BTG) traded 0% lower against the dollar and now trades at $23.22 or 0.00038276 BTC.
• Horizen (ZEN) traded up 2.6% against the dollar and now trades at $8.55 or 0.00014101 BTC.
• Pirate Chain (ARRR) traded 1.4% higher against the dollar and now trades at $0.17 or 0.00000284 BTC.
• Komodo (KMD) traded 0.5% lower against the dollar and now trades at $0.24 or 0.00000399 BTC.
• ZClassic (ZCL) traded up 1.9% against the dollar and now trades at $0.0494 or 0.00000081 BTC.

Bitcoin Private Profile

Bitcoin Private is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched 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 Twitter account is @bitcoinprivate and its Facebook page is accessible here. The official website for Bitcoin Private is btcprivate.org.

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.

***The official Bitcoin Private ticker is “BTCP” and trades under that name on all the exchanges where it has been listed. ***”

Buying and Selling Bitcoin Private

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

BTCP/USD price chart by TradingView