Bitcoin Gold Price Hits $0.77 on Exchanges (BTG)

Bitcoin Gold (BTG) traded down 35.4% against the US dollar during the one day period ending at 9:00 AM Eastern on March 25th. One Bitcoin Gold coin can currently be purchased for $0.77 or 0.00001080 BTC on popular cryptocurrency exchanges. Bitcoin Gold has a total market cap of $13.55 million and approximately $2.10 thousand worth of Bitcoin Gold was traded on exchanges in the last day. Over the last seven days, Bitcoin Gold has traded 55.4% lower against the US dollar.

Here’s how related cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded up 4.1% against the dollar and now trades at $235.90 or 0.00329533 BTC.
• Horizen (ZEN) traded 1.5% higher against the dollar and now trades at $5.71 or 0.00007971 BTC.
• Pirate Chain (ARRR) traded down 9.6% against the dollar and now trades at $0.22 or 0.00000305 BTC.
• ZClassic (ZCL) traded down 7.7% against the dollar and now trades at $0.20 or 0.00000273 BTC.
• Komodo (KMD) traded down 31.1% against the dollar and now trades at $0.0124 or 0.00000017 BTC.

Bitcoin Gold Profile

Bitcoin Gold (CRYPTO: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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The official website for Bitcoin Gold is btgofficial.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 message board is forum.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.”

Buying and Selling Bitcoin Gold

It is usually not presently 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 GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView