Bitcoin Gold Price Tops $0.30 (BTG)

Bitcoin Gold (BTG) traded 13.2% higher against the dollar during the 1-day period ending at 9:00 AM E.T. on June 17th. One Bitcoin Gold coin can now be bought for about $0.30 or 0.00000462 BTC on popular cryptocurrency exchanges. In the last week, Bitcoin Gold has traded up 35.1% against the dollar. Bitcoin Gold has a total market capitalization of $5.25 million and approximately $505.84 worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded down 4% against the dollar and now trades at $484.57 or 0.00747191 BTC.
• Horizen (ZEN) traded 3.9% lower against the dollar and now trades at $4.53 or 0.00006991 BTC.
• Pirate Chain (ARRR) traded 7.3% lower against the dollar and now trades at $0.30 or 0.00000464 BTC.
• ZClassic (ZCL) traded 15.1% higher against the dollar and now trades at $0.17 or 0.00000262 BTC.
• Komodo (KMD) traded down 62.3% against the dollar and now trades at $0.0056 or 0.00000009 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold (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. 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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The official website for Bitcoin Gold is btgofficial.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 presently 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, Gemini or Coinbase. 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