Bitcoin Gold Reaches 24 Hour Trading Volume of $14.45 Million (BTG)

Bitcoin Gold (BTG) traded 0.9% lower against the US dollar during the twenty-four hour period ending at 22:00 PM E.T. on April 16th. Bitcoin Gold has a total market cap of $643.60 million and approximately $14.45 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. In the last seven days, Bitcoin Gold has traded down 21.9% against the US dollar. One Bitcoin Gold coin can currently be bought for $36.75 or 0.00057323 BTC on popular cryptocurrency exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded 1.2% higher against the dollar and now trades at $21.30 or 0.00033228 BTC.
• Horizen (ZEN) traded up 0.2% against the dollar and now trades at $8.48 or 0.00013222 BTC.
• Pirate Chain (ARRR) traded up 8.2% against the dollar and now trades at $0.33 or 0.00000515 BTC.
• Komodo (KMD) traded up 0.9% against the dollar and now trades at $0.40 or 0.00000623 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded up 1.4% against the dollar and now trades at $0.0608 or 0.00000095 BTC.

About 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 official website for Bitcoin Gold is bitcoingold.org. 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 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.”

Bitcoin Gold Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView