Bitcoin Gold (BTG) One Day Volume Hits $2.71 Million

Bitcoin Gold (BTG) traded 1% lower against the US dollar during the 1-day period ending at 7:00 AM Eastern on September 16th. During the last week, Bitcoin Gold has traded 5.8% higher against the US dollar. One Bitcoin Gold coin can now be purchased for approximately $22.09 or 0.00037602 BTC on exchanges. Bitcoin Gold has a market cap of $386.95 million and approximately $2.71 million worth of Bitcoin Gold was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded down 5.1% against the dollar and now trades at $29.20 or 0.00049693 BTC.
• Horizen (ZEN) traded 3.5% lower against the dollar and now trades at $7.80 or 0.00013267 BTC.
• Pirate Chain (ARRR) traded up 2.1% against the dollar and now trades at $0.18 or 0.00000298 BTC.
• Komodo (KMD) traded down 5% against the dollar and now trades at $0.23 or 0.00000396 BTC.
• ZClassic (ZCL) traded 3.6% lower against the dollar and now trades at $0.0462 or 0.00000079 BTC.

About Bitcoin Gold

Bitcoin Gold (CRYPTO:BTG) 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. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. The official website for Bitcoin Gold is bitcoingold.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible 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 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 GDAX, Gemini 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