Bitcoin Gold Price Hits $0.40 on Exchanges (BTG)

Bitcoin Gold (BTG) traded 39% higher against the US dollar during the 24-hour period ending at 11:00 AM ET on August 8th. Bitcoin Gold has a total market capitalization of $7.06 million and approximately $0.61 worth of Bitcoin Gold was traded on exchanges in the last 24 hours. In the last week, Bitcoin Gold has traded up 11.8% against the US dollar. One Bitcoin Gold coin can now be bought for $0.40 or 0.00000619 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded down 0.6% against the dollar and now trades at $505.46 or 0.00776923 BTC.
• Horizen (ZEN) traded 1.2% higher against the dollar and now trades at $4.09 or 0.00006285 BTC.
• Pirate Chain (ARRR) traded 1% higher against the dollar and now trades at $0.24 or 0.00000363 BTC.
• ZClassic (ZCL) traded 0.2% higher against the dollar and now trades at $0.17 or 0.00000258 BTC.
• Komodo (KMD) traded 10.7% lower against the dollar and now trades at $0.0059 or 0.00000009 BTC.

Bitcoin Gold Profile

Bitcoin Gold 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 message board is forum.bitcoingold.org. 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 website is btgofficial.org.

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”

Bitcoin Gold Coin Trading

It is usually not currently 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 Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView