Bitcoin Gold (BTG) Hits 24 Hour Trading Volume of $25.22 Million

Bitcoin Gold (BTG) traded up 6% against the US dollar during the one day period ending at 21:00 PM Eastern on April 3rd. One Bitcoin Gold coin can currently be bought for about $46.95 or 0.00070810 BTC on major cryptocurrency exchanges. Over the last seven days, Bitcoin Gold has traded down 4.5% against the US dollar. Bitcoin Gold has a market capitalization of $822.19 million and approximately $25.22 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

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

  • Zcash (ZEC) traded up 0.7% against the dollar and now trades at $27.41 or 0.00041348 BTC.
  • Horizen (ZEN) traded up 3.1% against the dollar and now trades at $12.86 or 0.00019391 BTC.
  • Komodo (KMD) traded down 1.4% against the dollar and now trades at $0.44 or 0.00000669 BTC.
  • Pirate Chain (ARRR) traded 2.2% higher against the dollar and now trades at $0.17 or 0.00000251 BTC.
  • Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
  • ZClassic (ZCL) traded 3% higher against the dollar and now trades at $0.0624 or 0.00000094 BTC.

About Bitcoin Gold

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on 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.”

Buying and Selling Bitcoin Gold

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

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