Bitcoin Gold One Day Volume Tops $3.46 Million (BTG)

Bitcoin Gold (BTG) traded 2.2% lower against the US dollar during the 24-hour period ending at 16:00 PM ET on October 26th. Bitcoin Gold has a total market capitalization of $379.30 million and approximately $3.46 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. In the last week, Bitcoin Gold has traded down 7.9% against the US dollar. One Bitcoin Gold coin can now be bought for $21.66 or 0.00032213 BTC on major cryptocurrency exchanges.

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

• Zcash (ZEC) traded down 3% against the dollar and now trades at $35.05 or 0.00052141 BTC.
• Horizen (ZEN) traded 3.4% lower against the dollar and now trades at $7.32 or 0.00010883 BTC.
• Pirate Chain (ARRR) traded 1% higher against the dollar and now trades at $0.18 or 0.00000275 BTC.
• Komodo (KMD) traded 3.2% lower against the dollar and now trades at $0.23 or 0.00000345 BTC.
• ZClassic (ZCL) traded 1% higher against the dollar and now trades at $0.0572 or 0.00000085 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 website is bitcoingold.org. 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.

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 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