Bitcoin Gold 24 Hour Trading Volume Reaches $0.61 (BTG)

Bitcoin Gold (BTG) traded up 0.3% against the US dollar during the 1 day period ending at 11:00 AM E.T. on August 12th. Bitcoin Gold has a market cap of $6.92 million and $0.61 worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can currently be bought for $0.40 or 0.00000623 BTC on cryptocurrency exchanges. During the last seven days, Bitcoin Gold has traded 7.9% higher against the US dollar.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• Zcash (ZEC) traded up 2.4% against the dollar and now trades at $485.92 or 0.00765997 BTC.
• Horizen (ZEN) traded down 1.6% against the dollar and now trades at $4.04 or 0.00006372 BTC.
• Pirate Chain (ARRR) traded down 6.6% against the dollar and now trades at $0.22 or 0.00000354 BTC.
• Komodo (KMD) traded 1,018.3% higher against the dollar and now trades at $0.0695 or 0.00000108 BTC.
• ZClassic (ZCL) traded 5.8% lower against the dollar and now trades at $0.18 or 0.00000282 BTC.

About Bitcoin Gold

BTG 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. Bitcoin Gold’s official message board 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. Telegram, Discord, Facebook, Youtube, Reddit, Medium”

Buying and Selling Bitcoin Gold

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

BTG/USD price chart by TradingView