Bitcoin Gold (BTG) One Day Trading Volume Hits $4.05 Million

Bitcoin Gold (BTG) traded up 0.4% against the US dollar during the 1-day period ending at 9:00 AM Eastern on April 27th. Over the last seven days, Bitcoin Gold has traded 6.2% lower against the US dollar. Bitcoin Gold has a total market capitalization of $593.39 million and $4.05 million worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can currently be bought for approximately $33.88 or 0.00053729 BTC on popular cryptocurrency exchanges.

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

• Zcash (ZEC) traded 1% higher against the dollar and now trades at $22.96 or 0.00036410 BTC.
• Horizen (ZEN) traded 0.4% higher against the dollar and now trades at $8.71 or 0.00013812 BTC.
• Pirate Chain (ARRR) traded 8.8% lower against the dollar and now trades at $0.39 or 0.00000623 BTC.
• Komodo (KMD) traded up 0.7% against the dollar and now trades at $0.40 or 0.00000638 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded down 2% against the dollar and now trades at $0.0564 or 0.00000089 BTC.

Bitcoin Gold Profile

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch 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 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 message board is forum.bitcoingold.org. Bitcoin Gold’s official website is bitcoingold.org.

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 trade Bitcoin Gold should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView