Bitcoin Gold 24 Hour Trading Volume Reaches $4.07 Million (BTG)

Bitcoin Gold (BTG) traded down 9.7% against the U.S. dollar during the one day period ending at 21:00 PM E.T. on August 4th. In the last week, Bitcoin Gold has traded 19.1% lower against the U.S. dollar. One Bitcoin Gold coin can now be bought for approximately $21.30 or 0.00039183 BTC on major cryptocurrency exchanges. Bitcoin Gold has a total market capitalization of $373.06 million and approximately $4.07 million worth of Bitcoin Gold was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded down 7.7% against the dollar and now trades at $29.08 or 0.00053495 BTC.
• Horizen (ZEN) traded 9.6% lower against the dollar and now trades at $7.53 or 0.00013845 BTC.
• Pirate Chain (ARRR) traded down 7.2% against the dollar and now trades at $0.15 or 0.00000279 BTC.
• Komodo (KMD) traded 12.7% lower against the dollar and now trades at $0.21 or 0.00000382 BTC.
• ZClassic (ZCL) traded 8.7% lower against the dollar and now trades at $0.0437 or 0.00000080 BTC.

Bitcoin Gold Coin Profile

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

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 possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to acquire Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. 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