Bitcoin Gold (BTG) Price Tops $25.10 on Exchanges

Bitcoin Gold (BTG) traded down 1.6% against the U.S. dollar during the 1 day period ending at 20:00 PM ET on June 28th. One Bitcoin Gold coin can now be bought for approximately $25.10 or 0.00041616 BTC on popular exchanges. During the last week, Bitcoin Gold has traded 2.1% higher against the U.S. dollar. Bitcoin Gold has a market capitalization of $439.56 million and $2.80 million worth of Bitcoin Gold was traded on exchanges in the last day.

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

• Zcash (ZEC) traded down 1.1% against the dollar and now trades at $20.63 or 0.00034204 BTC.
• Horizen (ZEN) traded down 1.7% against the dollar and now trades at $6.57 or 0.00010892 BTC.
• Komodo (KMD) traded down 10.1% against the dollar and now trades at $0.32 or 0.00000524 BTC.
• Pirate Chain (ARRR) traded 2% lower against the dollar and now trades at $0.18 or 0.00000300 BTC.
• ZClassic (ZCL) traded 2% lower against the dollar and now trades at $0.0488 or 0.00000081 BTC.

About Bitcoin Gold

BTG is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch 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 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 bitcoingold.org. The official message board for Bitcoin Gold is forum.bitcoingold.org.

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.”

Buying and Selling Bitcoin Gold

It is usually not possible to buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to trade Bitcoin Gold should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView