Bitcoin Private Market Capitalization Hits $2.47 Million (BTCP)

Bitcoin Private (BTCP) traded down 9.1% against the U.S. dollar during the 1-day period ending at 22:00 PM ET on November 24th. One Bitcoin Private coin can currently be bought for approximately $0.52 or 0.00003132 BTC on major cryptocurrency exchanges. During the last seven days, Bitcoin Private has traded down 10% against the U.S. dollar. Bitcoin Private has a total market capitalization of $2.47 million and approximately $48.79 worth of Bitcoin Private was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

  • Zcash (ZEC) traded down 1.5% against the dollar and now trades at $42.54 or 0.00257801 BTC.
  • Bitcoin Gold (BTG) traded down 2.7% against the dollar and now trades at $14.60 or 0.00088495 BTC.
  • Horizen (ZEN) traded down 6.5% against the dollar and now trades at $9.15 or 0.00055460 BTC.
  • Pirate Chain (ARRR) traded 0.5% higher against the dollar and now trades at $0.36 or 0.00002167 BTC.
  • Komodo (KMD) traded down 0.2% against the dollar and now trades at $0.19 or 0.00001170 BTC.
  • ZClassic (ZCL) traded down 0.1% against the dollar and now trades at $0.0363 or 0.00000220 BTC.

Bitcoin Private Coin Profile

Bitcoin Private (CRYPTO:BTCP) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on 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 website is btcprivate.org. Bitcoin Private’s official Twitter account is @bitcoinprivate and its Facebook page is accessible here. 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 U.S. dollars. Investors seeking to trade Bitcoin Private should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin Private using one of the aforementioned exchanges.

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