Bitcoin Gold 24 Hour Trading Volume Hits $29.92 Million (BTG)

Bitcoin Gold (BTG) traded up 9.1% against the US dollar during the one day period ending at 10:00 AM ET on November 10th. One Bitcoin Gold coin can now be purchased for about $25.81 or 0.00032548 BTC on cryptocurrency exchanges. Over the last seven days, Bitcoin Gold has traded up 22.9% against the US dollar. Bitcoin Gold has a market capitalization of $451.96 million and $29.92 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

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

• Zcash (ZEC) traded 4.6% higher against the dollar and now trades at $46.38 or 0.00058491 BTC.
• Horizen (ZEN) traded 18.6% higher against the dollar and now trades at $9.40 or 0.00011854 BTC.
• Pirate Chain (ARRR) traded up 2.1% against the dollar and now trades at $0.18 or 0.00000229 BTC.
• Komodo (KMD) traded 8% higher against the dollar and now trades at $0.25 or 0.00000320 BTC.
• ZClassic (ZCL) traded 4.1% higher against the dollar and now trades at $0.0477 or 0.00000060 BTC.

About Bitcoin Gold

Bitcoin Gold (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. The official website for Bitcoin Gold is bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. The official message board for Bitcoin Gold is forum.bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible 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 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 Changelly, Coinbase or Gemini. 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