Bitcoin Gold Hits 24 Hour Trading Volume of $7.34 Million (BTG)

Bitcoin Gold (BTG) traded 0.7% lower against the US dollar during the 24 hour period ending at 10:00 AM Eastern on May 27th. During the last seven days, Bitcoin Gold has traded 0.7% lower against the US dollar. One Bitcoin Gold coin can currently be bought for approximately $35.75 or 0.00051888 BTC on major exchanges. Bitcoin Gold has a market capitalization of $626.20 million and $7.34 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • Zcash (ZEC) traded up 4% against the dollar and now trades at $27.49 or 0.00039892 BTC.
  • Horizen (ZEN) traded up 4.3% against the dollar and now trades at $9.71 or 0.00014099 BTC.
  • Komodo (KMD) traded up 0.4% against the dollar and now trades at $0.40 or 0.00000581 BTC.
  • Pirate Chain (ARRR) traded down 5.5% against the dollar and now trades at $0.25 or 0.00000366 BTC.
  • Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
  • ZClassic (ZCL) traded up 0.2% against the dollar and now trades at $0.0620 or 0.00000090 BTC.

About Bitcoin Gold

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 Twitter account is @bitcoingold and its Facebook page is accessible here. The official website for Bitcoin Gold is bitcoingold.org. Bitcoin Gold’s official message board is forum.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 currently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin Gold using one of the exchanges listed above.

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