Bitcoin Gold Hits 1-Day Volume of $11.21 Million (BTG)

Bitcoin Gold (BTG) traded 0.8% higher against the U.S. dollar during the 1-day period ending at 16:00 PM E.T. on April 18th. During the last week, Bitcoin Gold has traded 22.1% lower against the U.S. dollar. One Bitcoin Gold coin can currently be purchased for about $35.53 or 0.00056024 BTC on major cryptocurrency exchanges. Bitcoin Gold has a total market capitalization of $622.31 million and approximately $11.21 million worth of Bitcoin Gold was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded up 3% against the dollar and now trades at $21.76 or 0.00034314 BTC.
• Horizen (ZEN) traded 0.9% higher against the dollar and now trades at $8.58 or 0.00013533 BTC.
• Pirate Chain (ARRR) traded up 22.5% against the dollar and now trades at $0.41 or 0.00000644 BTC.
• Komodo (KMD) traded 2.1% higher against the dollar and now trades at $0.40 or 0.00000628 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded up 3.5% against the dollar and now trades at $0.0599 or 0.00000094 BTC.

About Bitcoin Gold

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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official website is bitcoingold.org. 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 presently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. 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