Bitcoin Gold 1-Day Trading Volume Hits $2.56 Million (BTG)

Bitcoin Gold (BTG) traded down 1.9% against the US dollar during the 24-hour period ending at 9:00 AM ET on March 2nd. Bitcoin Gold has a total market cap of $68.34 million and $2.56 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can now be bought for $3.90 or 0.00004584 BTC on popular exchanges. During the last week, Bitcoin Gold has traded down 15.4% against the US dollar.

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

• Zcash (ZEC) traded 9.2% higher against the dollar and now trades at $40.14 or 0.00047158 BTC.
• Horizen (ZEN) traded 2.2% higher against the dollar and now trades at $12.87 or 0.00015117 BTC.
• Pirate Chain (ARRR) traded 0.7% lower against the dollar and now trades at $0.16 or 0.00000184 BTC.
• Komodo (KMD) traded 4.7% higher against the dollar and now trades at $0.19 or 0.00000222 BTC.
• ZClassic (ZCL) traded up 1.3% against the dollar and now trades at $0.0735 or 0.00000086 BTC.

About Bitcoin Gold

Bitcoin Gold (CRYPTO: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 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 btgofficial.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.”

Bitcoin Gold Coin Trading

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

BTG/USD price chart by TradingView