Bitcoin Gold Price Tops $10.34 on Major Exchanges (BTG)

Bitcoin Gold (BTG) traded up 2.3% against the dollar during the 1 day period ending at 10:00 AM ET on December 28th. One Bitcoin Gold coin can currently be purchased for $10.34 or 0.00010936 BTC on popular exchanges. In the last seven days, Bitcoin Gold has traded 39.7% lower against the dollar. Bitcoin Gold has a total market cap of $181.18 million and $30.76 million worth of Bitcoin Gold was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded 4.1% lower against the dollar and now trades at $60.92 or 0.00064402 BTC.
• Horizen (ZEN) traded 9.6% lower against the dollar and now trades at $28.53 or 0.00030159 BTC.
• Komodo (KMD) traded 9.9% higher against the dollar and now trades at $0.34 or 0.00000361 BTC.
• Pirate Chain (ARRR) traded down 4.8% against the dollar and now trades at $0.21 or 0.00000224 BTC.
• ZClassic (ZCL) traded 5% higher against the dollar and now trades at $0.0397 or 0.00000042 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on 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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The official message board for Bitcoin Gold is forum.bitcoingold.org. Bitcoin Gold’s official website is bitcoingold.org.

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 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView