Bitcoin Gold Price Hits $33.63 on Major Exchanges (BTG)

Bitcoin Gold (BTG) traded 3.2% lower against the dollar during the 24 hour period ending at 23:00 PM ET on April 28th. One Bitcoin Gold coin can currently be purchased for $33.63 or 0.00053588 BTC on exchanges. During the last seven days, Bitcoin Gold has traded down 7.9% against the dollar. Bitcoin Gold has a total market cap of $588.98 million and $3.66 million worth of Bitcoin Gold was traded on exchanges in the last day.

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

• Zcash (ZEC) traded 5% lower against the dollar and now trades at $22.38 or 0.00035659 BTC.
• Horizen (ZEN) traded 4.3% lower against the dollar and now trades at $8.64 or 0.00013770 BTC.
• Pirate Chain (ARRR) traded down 2.7% against the dollar and now trades at $0.39 or 0.00000614 BTC.
• Komodo (KMD) traded down 2.6% against the dollar and now trades at $0.41 or 0.00000648 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 1.6% lower against the dollar and now trades at $0.0565 or 0.00000090 BTC.

Bitcoin Gold Coin Profile

BTG 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 official website for Bitcoin Gold is bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official message board 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.”

Bitcoin Gold Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to trade Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase 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