Bitcoin Gold Price Tops $3.00 (BTG)

Bitcoin Gold (BTG) traded up 0.8% against the dollar during the 1-day period ending at 11:00 AM E.T. on March 14th. One Bitcoin Gold coin can currently be purchased for approximately $3.00 or 0.00003559 BTC on major exchanges. Bitcoin Gold has a market capitalization of $52.48 million and approximately $6.21 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin Gold has traded down 12.3% against the dollar.

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

• Zcash (ZEC) traded up 5.6% against the dollar and now trades at $31.77 or 0.00037737 BTC.
• Horizen (ZEN) traded 5.6% higher against the dollar and now trades at $9.51 or 0.00011292 BTC.
• Pirate Chain (ARRR) traded up 3.3% against the dollar and now trades at $0.14 or 0.00000161 BTC.
• Komodo (KMD) traded 1.8% higher against the dollar and now trades at $0.17 or 0.00000200 BTC.
• ZClassic (ZCL) traded 3.2% higher against the dollar and now trades at $0.0725 or 0.00000086 BTC.

Bitcoin Gold Coin Profile

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 btgofficial.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. Bitcoin Gold’s official message board is forum.bitcoingold.org.

According to CryptoCompare, “BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. This type of equipment tends to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have.”

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 Coinbase. 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