Bitcoin Gold (BTG) Tops 24-Hour Volume of $4.43 Million

Bitcoin Gold (BTG) traded 1.7% lower against the dollar during the 24-hour period ending at 17:00 PM ET on May 26th. One Bitcoin Gold coin can currently be purchased for approximately $35.93 or 0.00052302 BTC on popular cryptocurrency exchanges. In the last week, Bitcoin Gold has traded 1.7% lower against the dollar. Bitcoin Gold has a market capitalization of $629.23 million and $4.43 million worth of Bitcoin Gold was traded on exchanges in the last day.

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

• Zcash (ZEC) traded 1.5% lower against the dollar and now trades at $26.43 or 0.00038474 BTC.
• Horizen (ZEN) traded down 1.5% against the dollar and now trades at $9.38 or 0.00013652 BTC.
• Komodo (KMD) traded 4.4% higher against the dollar and now trades at $0.40 or 0.00000580 BTC.
• Pirate Chain (ARRR) traded down 1.9% against the dollar and now trades at $0.26 or 0.00000378 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 0% lower against the dollar and now trades at $0.0620 or 0.00000090 BTC.

About Bitcoin Gold

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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official website is bitcoingold.org. 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.

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

BTG/USD price chart by TradingView