Bitcoin Gold 24 Hour Trading Volume Tops $1.71 Million (BTG)

Bitcoin Gold (BTG) traded 0.7% lower against the dollar during the 1-day period ending at 10:00 AM ET on June 30th. In the last seven days, Bitcoin Gold has traded 9.2% lower against the dollar. Bitcoin Gold has a total market cap of $437.80 million and $1.71 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can currently be bought for approximately $25.00 or 0.00040629 BTC on popular exchanges.

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

• Zcash (ZEC) traded 0.2% higher against the dollar and now trades at $20.54 or 0.00033392 BTC.
• Horizen (ZEN) traded 1.2% lower against the dollar and now trades at $6.53 or 0.00010609 BTC.
• Komodo (KMD) traded 0.7% higher against the dollar and now trades at $0.31 or 0.00000508 BTC.
• Pirate Chain (ARRR) traded down 5.3% against the dollar and now trades at $0.18 or 0.00000295 BTC.
• ZClassic (ZCL) traded 1% higher against the dollar and now trades at $0.0498 or 0.00000081 BTC.

About Bitcoin Gold

BTG is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The official website for Bitcoin Gold is bitcoingold.org. 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. 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.”

Buying and Selling Bitcoin Gold

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

BTG/USD price chart by TradingView