Bitcoin Gold Price Tops $20.41 on Top Exchanges (BTG)

Bitcoin Gold (BTG) traded 0.3% higher against the U.S. dollar during the twenty-four hour period ending at 20:00 PM Eastern on September 7th. Over the last seven days, Bitcoin Gold has traded down 7.2% against the U.S. dollar. Bitcoin Gold has a market capitalization of $357.48 million and approximately $1.01 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can currently be bought for approximately $20.41 or 0.00037728 BTC on exchanges.

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

• Zcash (ZEC) traded 2.5% higher against the dollar and now trades at $27.73 or 0.00051265 BTC.
• Horizen (ZEN) traded up 0.4% against the dollar and now trades at $7.94 or 0.00014676 BTC.
• Pirate Chain (ARRR) traded down 1.4% against the dollar and now trades at $0.17 or 0.00000309 BTC.
• Komodo (KMD) traded up 1.4% against the dollar and now trades at $0.23 or 0.00000421 BTC.
• ZClassic (ZCL) traded up 0.1% against the dollar and now trades at $0.0449 or 0.00000083 BTC.

Bitcoin Gold Profile

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. The official message board for Bitcoin Gold is forum.bitcoingold.org. The official website for Bitcoin Gold is bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible 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 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 Changelly, GDAX or Gemini. 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