Bitcoin Gold (BTG) Price Tops $36.83 on Exchanges

Bitcoin Gold (BTG) traded 0.4% lower against the U.S. dollar during the 1 day period ending at 17:00 PM ET on April 16th. Bitcoin Gold has a market capitalization of $645.12 million and $21.27 million worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can currently be bought for approximately $36.83 or 0.00058562 BTC on exchanges. Over the last seven days, Bitcoin Gold has traded 22.6% lower against the U.S. dollar.

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

• Zcash (ZEC) traded 0.5% lower against the dollar and now trades at $21.18 or 0.00033671 BTC.
• Horizen (ZEN) traded 0.2% lower against the dollar and now trades at $8.46 or 0.00013445 BTC.
• Pirate Chain (ARRR) traded down 0% against the dollar and now trades at $0.31 or 0.00000500 BTC.
• Komodo (KMD) traded up 9.2% against the dollar and now trades at $0.42 or 0.00000664 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded down 2.8% against the dollar and now trades at $0.0589 or 0.00000094 BTC.

Bitcoin Gold Profile

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched 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. Bitcoin Gold’s official website is bitcoingold.org. The official message board for Bitcoin Gold is forum.bitcoingold.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 possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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