Bitcoin Gold Reaches 24 Hour Trading Volume of $5.81 Thousand (BTG)

Bitcoin Gold (BTG) traded 20.8% lower against the U.S. dollar during the 24 hour period ending at 9:00 AM E.T. on November 21st. During the last week, Bitcoin Gold has traded 5% lower against the U.S. dollar. Bitcoin Gold has a total market cap of $14.28 million and $5.81 thousand worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can now be purchased for $0.82 or 0.00000969 BTC on popular exchanges.

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

• Zcash (ZEC) traded 9.9% lower against the dollar and now trades at $640.58 or 0.00761239 BTC.
• Horizen (ZEN) traded 12.2% lower against the dollar and now trades at $12.88 or 0.00015309 BTC.
• Pirate Chain (ARRR) traded down 22.1% against the dollar and now trades at $0.42 or 0.00000504 BTC.
• ZClassic (ZCL) traded down 7.7% against the dollar and now trades at $0.58 or 0.00000692 BTC.
• Komodo (KMD) traded 41.7% lower against the dollar and now trades at $0.0276 or 0.00000033 BTC.

Bitcoin Gold Coin Profile

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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The official message board for Bitcoin Gold is forum.bitcoingold.org. Bitcoin Gold’s official website is btgofficial.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, “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 presently 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 GDAX, Coinbase or Changelly. 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