Bitcoin Gold Price Tops $22.37 on Exchanges (BTG)

Bitcoin Gold (BTG) traded down 0.7% against the U.S. dollar during the 1 day period ending at 17:00 PM E.T. on November 1st. One Bitcoin Gold coin can now be bought for approximately $22.37 or 0.00032335 BTC on popular exchanges. During the last week, Bitcoin Gold has traded 1.1% higher against the U.S. dollar. Bitcoin Gold has a total market capitalization of $391.83 million and $3.79 million worth of Bitcoin Gold was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded up 3% against the dollar and now trades at $37.85 or 0.00054702 BTC.
• Horizen (ZEN) traded up 0.3% against the dollar and now trades at $7.32 or 0.00010580 BTC.
• Pirate Chain (ARRR) traded 0.2% higher against the dollar and now trades at $0.19 or 0.00000270 BTC.
• Komodo (KMD) traded down 0.4% against the dollar and now trades at $0.23 or 0.00000332 BTC.
• ZClassic (ZCL) traded 0.6% lower against the dollar and now trades at $0.0486 or 0.00000070 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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. 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. 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.”

Bitcoin Gold Coin Trading

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

BTG/USD price chart by TradingView