Bitcoin Gold One Day Volume Reaches $4.00 Million (BTG)

Bitcoin Gold (BTG) traded 0.2% lower against the U.S. dollar during the twenty-four hour period ending at 15:00 PM Eastern on April 27th. Bitcoin Gold has a total market cap of $601.19 million and $4.00 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. Over the last week, Bitcoin Gold has traded down 7.6% against the U.S. dollar. One Bitcoin Gold coin can now be purchased for $34.33 or 0.00054195 BTC on major exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded 0.1% lower against the dollar and now trades at $22.99 or 0.00036298 BTC.
• Horizen (ZEN) traded up 0.6% against the dollar and now trades at $8.87 or 0.00014006 BTC.
• Pirate Chain (ARRR) traded 9% lower against the dollar and now trades at $0.39 or 0.00000612 BTC.
• Komodo (KMD) traded 1.3% higher against the dollar and now trades at $0.41 or 0.00000645 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 1.9% lower against the dollar and now trades at $0.0567 or 0.00000089 BTC.

Bitcoin Gold Profile

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The official message board for Bitcoin Gold 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 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.

BTG/USD price chart by TradingView