Bitcoin Gold One Day Trading Volume Hits $5.77 Thousand (BTG)

Bitcoin Gold (BTG) traded down 7.6% against the U.S. dollar during the one day period ending at 9:00 AM Eastern on May 12th. Bitcoin Gold has a total market cap of $8.08 million and $5.77 thousand worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can now be bought for approximately $0.46 or 0.00000571 BTC on major exchanges. Over the last seven days, Bitcoin Gold has traded 11.6% lower against the U.S. dollar.

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

• Zcash (ZEC) traded 1.6% lower against the dollar and now trades at $554.57 or 0.00686660 BTC.
• Horizen (ZEN) traded down 2.5% against the dollar and now trades at $6.67 or 0.00008263 BTC.
• Pirate Chain (ARRR) traded 9.6% lower against the dollar and now trades at $0.21 or 0.00000255 BTC.
• ZClassic (ZCL) traded 0.6% lower against the dollar and now trades at $0.18 or 0.00000221 BTC.
• Komodo (KMD) traded 5.1% higher against the dollar and now trades at $0.0022 or 0.00000003 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold (CRYPTO: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. 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 website is btgofficial.org. Bitcoin Gold’s official message board is forum.bitcoingold.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. Telegram, Discord, Facebook, Youtube, Reddit, Medium”

Buying and Selling Bitcoin Gold

It is usually not presently 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 Coinbase, Gemini 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