Bitcoin Gold Reaches 24-Hour Volume of $3.81 Million (BTG)

Bitcoin Gold (BTG) traded 1.5% higher against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on April 28th. Over the last seven days, Bitcoin Gold has traded down 6.9% against the U.S. dollar. One Bitcoin Gold coin can now be purchased for $34.46 or 0.00054044 BTC on major exchanges. Bitcoin Gold has a market capitalization of $603.54 million and approximately $3.81 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

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

• Zcash (ZEC) traded up 2% against the dollar and now trades at $23.04 or 0.00036128 BTC.
• Horizen (ZEN) traded 3.3% higher against the dollar and now trades at $8.94 or 0.00014023 BTC.
• Pirate Chain (ARRR) traded up 2.7% against the dollar and now trades at $0.40 or 0.00000632 BTC.
• Komodo (KMD) traded up 5.1% against the dollar and now trades at $0.42 or 0.00000657 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 1.4% higher against the dollar and now trades at $0.0573 or 0.00000090 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. The official message board for Bitcoin Gold is forum.bitcoingold.org. The official website for Bitcoin Gold is bitcoingold.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, “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 presently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to trade Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView