Bitcoin Gold Price Tops $10.34 on Major Exchanges (BTG)

Bitcoin Gold (BTG) traded 2.3% higher against the US dollar during the 24-hour period ending at 10:00 AM E.T. on December 28th. One Bitcoin Gold coin can now be purchased for approximately $10.34 or 0.00010936 BTC on popular exchanges. Over the last seven days, Bitcoin Gold has traded down 39.7% against the US dollar. Bitcoin Gold has a market capitalization of $181.18 million and approximately $30.76 million worth of Bitcoin Gold was traded on exchanges in the last day.

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

  • Zcash (ZEC) traded down 4.1% against the dollar and now trades at $60.92 or 0.00064402 BTC.
  • Horizen (ZEN) traded down 9.6% against the dollar and now trades at $28.53 or 0.00030159 BTC.
  • Komodo (KMD) traded up 9.9% against the dollar and now trades at $0.34 or 0.00000361 BTC.
  • Pirate Chain (ARRR) traded 4.8% lower against the dollar and now trades at $0.21 or 0.00000224 BTC.
  • ZClassic (ZCL) traded up 5% against the dollar and now trades at $0.0397 or 0.00000042 BTC.

Bitcoin Gold Profile

Bitcoin Gold (CRYPTO:BTG) 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 Twitter account is @bitcoingold and its Facebook page is accessible here. 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 possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to acquire Bitcoin Gold should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Gold using one of the exchanges listed above.

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