Bitcoin Private (BTCP) Trading Up 0.5% This Week

Bitcoin Private (BTCP) traded flat against the dollar during the 24-hour period ending at 12:00 PM ET on January 8th. One Bitcoin Private coin can currently be purchased for about $0.19 or 0.00000700 BTC on exchanges. Over the last week, Bitcoin Private has traded 0.5% higher against the dollar. Bitcoin Private has a market cap of $910.56 thousand and $24.10 worth of Bitcoin Private was traded on exchanges in the last 24 hours.

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

• Zcash (ZEC) traded 11.6% lower against the dollar and now trades at $424.48 or 0.00469900 BTC.
• Horizen (ZEN) traded 2.7% lower against the dollar and now trades at $8.95 or 0.00009912 BTC.
• Pirate Chain (ARRR) traded down 5.9% against the dollar and now trades at $0.24 or 0.00000265 BTC.
• Bitcoin Gold (BTG) traded down 28.8% against the dollar and now trades at $0.67 or 0.00000741 BTC.
• Komodo (KMD) traded down 38% against the dollar and now trades at $0.0242 or 0.00000027 BTC.
• ZClassic (ZCL) traded 3.6% higher against the dollar and now trades at $0.35 or 0.00000387 BTC.

Bitcoin Private Coin Profile

BTCP is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was 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 Twitter account is @bitcoinprivate and its Facebook page is accessible here. 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.

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.”

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

BTCP/USD price chart by TradingView