Bitcoin Gold (BTG) Tops 24-Hour Volume of $1.28 Thousand

Bitcoin Gold (BTG) traded 127.5% higher against the US dollar during the one day period ending at 8:00 AM E.T. on December 19th. Over the last week, Bitcoin Gold has traded up 29.2% against the US dollar. One Bitcoin Gold coin can now be bought for about $1.31 or 0.00001487 BTC on popular exchanges. Bitcoin Gold has a market capitalization of $22.91 million and approximately $1.28 thousand worth of Bitcoin Gold was traded on exchanges in the last day.

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

• Zcash (ZEC) traded up 7.6% against the dollar and now trades at $428.58 or 0.00487155 BTC.
• Horizen (ZEN) traded up 2.4% against the dollar and now trades at $7.66 or 0.00008711 BTC.
• Pirate Chain (ARRR) traded down 2.1% against the dollar and now trades at $0.28 or 0.00000319 BTC.
• Komodo (KMD) traded down 0.8% against the dollar and now trades at $0.0398 or 0.00000045 BTC.
• ZClassic (ZCL) traded 7.6% lower against the dollar and now trades at $0.25 or 0.00000288 BTC.

About Bitcoin Gold

Bitcoin Gold (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 message board 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. The official website for Bitcoin Gold is btgofficial.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here.

According to CryptoCompare, “BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. This type of equipment tends to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have.”

Buying and Selling Bitcoin Gold

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

BTG/USD price chart by TradingView