Bitcoin Gold (BTG) Price Tops $22.85 on Major Exchanges

Bitcoin Gold (BTG) traded down 2% against the U.S. dollar during the 24-hour period ending at 21:00 PM ET on August 14th. One Bitcoin Gold coin can currently be purchased for $22.85 or 0.00038726 BTC on popular cryptocurrency exchanges. In the last seven days, Bitcoin Gold has traded up 5% against the U.S. dollar. Bitcoin Gold has a market capitalization of $400.20 million and $2.87 million worth of Bitcoin Gold was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded 4.2% lower against the dollar and now trades at $42.20 or 0.00071523 BTC.
• Horizen (ZEN) traded 2.2% lower against the dollar and now trades at $8.38 or 0.00014203 BTC.
• Pirate Chain (ARRR) traded up 2.9% against the dollar and now trades at $0.17 or 0.00000285 BTC.
• Komodo (KMD) traded 1.6% lower against the dollar and now trades at $0.24 or 0.00000411 BTC.
• ZClassic (ZCL) traded 3.6% lower against the dollar and now trades at $0.0644 or 0.00000109 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold (CRYPTO:BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official website is bitcoingold.org. Bitcoin Gold’s official message board is forum.bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. 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 possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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