Bitcoin Private (BTCP) Tops 24 Hour Trading Volume of $24.10

Bitcoin Private (BTCP) traded flat against the U.S. dollar during the 1-day period ending at 11:00 AM E.T. on May 12th. One Bitcoin Private coin can now be bought for $0.19 or 0.00000700 BTC on major exchanges. Bitcoin Private has a total market capitalization of $910.56 thousand and $24.10 worth of Bitcoin Private was traded on exchanges in the last day. Over the last week, Bitcoin Private has traded up 0.5% against the U.S. dollar.

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

• Zcash (ZEC) traded down 1.6% against the dollar and now trades at $547.93 or 0.00681611 BTC.
• Horizen (ZEN) traded down 4.2% against the dollar and now trades at $6.53 or 0.00008121 BTC.
• Pirate Chain (ARRR) traded down 8.4% against the dollar and now trades at $0.21 or 0.00000257 BTC.
• Bitcoin Gold (BTG) traded 17.5% lower against the dollar and now trades at $0.41 or 0.00000512 BTC.
• ZClassic (ZCL) traded down 1.1% against the dollar and now trades at $0.18 or 0.00000221 BTC.
• Komodo (KMD) traded down 4.7% against the dollar and now trades at $0.0022 or 0.00000003 BTC.

Bitcoin Private Profile

Bitcoin Private is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on March 3rd, 2018. Bitcoin Private’s total supply is 22,815,307 coins and its circulating supply is 4,785,761 coins. Bitcoin Private’s official website is btcprivate.org. The Reddit community for Bitcoin Private is https://reddit.com/r/btc_private and the currency’s Github account can be viewed here. Bitcoin Private’s official Twitter account is @bitcoinprivate and its Facebook page is accessible here.

According to CryptoCompare, “Bitcoin Private (BTCP) is a Bitcoin hard fork with the snapshot happening on February 28th, the fork will consist of a mix between BTC and ZCL. BTCP will use ZClassic (zk-snarks). This means payments are published on a public blockchain, but the sender, recipient and other transactional metadata remain unidentifiable. Telegram, Discord, Facebook, Instagram, YouTube, Reddit, MediumWhitepaper”

Buying and Selling Bitcoin Private

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

BTCP/USD price chart by TradingView