Bitcoin Gold (BTG) 24 Hour Trading Volume Tops $1.65 Million

Bitcoin Gold (BTG) traded 1.7% higher against the dollar during the 24-hour period ending at 18:00 PM E.T. on September 17th. Over the last seven days, Bitcoin Gold has traded up 1.5% against the dollar. One Bitcoin Gold coin can now be purchased for $22.33 or 0.00037009 BTC on popular cryptocurrency exchanges. Bitcoin Gold has a market cap of $391.08 million and $1.65 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded 3.1% higher against the dollar and now trades at $29.88 or 0.00049523 BTC.
• Horizen (ZEN) traded 2.3% higher against the dollar and now trades at $7.86 or 0.00013024 BTC.
• Pirate Chain (ARRR) traded down 2.1% against the dollar and now trades at $0.17 or 0.00000282 BTC.
• Komodo (KMD) traded up 0.9% against the dollar and now trades at $0.23 or 0.00000379 BTC.
• ZClassic (ZCL) traded 2.3% higher against the dollar and now trades at $0.0474 or 0.00000079 BTC.

About Bitcoin Gold

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

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 trade Bitcoin Gold should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView