Bitcoin Gold Price Reaches $23.89 on Top Exchanges (BTG)

Bitcoin Gold (BTG) traded 0.6% lower against the US dollar during the 24-hour period ending at 22:00 PM ET on October 17th. One Bitcoin Gold coin can now be bought for $23.89 or 0.00035181 BTC on popular cryptocurrency exchanges. Bitcoin Gold has a market cap of $418.37 million and approximately $6.75 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. In the last seven days, Bitcoin Gold has traded 10.7% higher against the US dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded down 2.3% against the dollar and now trades at $36.06 or 0.00053103 BTC.
• Horizen (ZEN) traded down 0.2% against the dollar and now trades at $8.12 or 0.00011964 BTC.
• Komodo (KMD) traded down 2.2% against the dollar and now trades at $0.25 or 0.00000372 BTC.
• Pirate Chain (ARRR) traded up 1.2% against the dollar and now trades at $0.17 or 0.00000251 BTC.
• ZClassic (ZCL) traded 0.4% higher against the dollar and now trades at $0.0543 or 0.00000080 BTC.

About Bitcoin Gold

Bitcoin Gold 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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official message board is forum.bitcoingold.org. Bitcoin Gold’s official website is 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.”

Bitcoin Gold Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. 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