Bitcoin Gold Price Tops $0.38 on Top Exchanges (BTG)

Bitcoin Gold (BTG) traded up 25.7% against the U.S. dollar during the 24 hour period ending at 10:00 AM ET on May 24th. During the last seven days, Bitcoin Gold has traded down 9.2% against the U.S. dollar. One Bitcoin Gold coin can currently be bought for approximately $0.38 or 0.00000491 BTC on major exchanges. Bitcoin Gold has a market capitalization of $6.59 million and approximately $13.79 thousand worth of Bitcoin Gold was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded up 12% against the dollar and now trades at $652.95 or 0.00851809 BTC.
• Horizen (ZEN) traded up 3.4% against the dollar and now trades at $6.06 or 0.00007909 BTC.
• Pirate Chain (ARRR) traded up 5.4% against the dollar and now trades at $0.35 or 0.00000456 BTC.
• Komodo (KMD) traded down 26.4% against the dollar and now trades at $0.0970 or 0.00000126 BTC.
• ZClassic (ZCL) traded up 7.7% against the dollar and now trades at $0.18 or 0.00000229 BTC.

Bitcoin Gold Profile

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. 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 Twitter account is @bitcoingold and its Facebook page is accessible here. The official website for Bitcoin Gold is btgofficial.org. The official message board for Bitcoin Gold is forum.bitcoingold.org.

According to CryptoCompare, “BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. This type of equipment tends to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have. Telegram, Discord, Facebook, Youtube, Reddit, Medium”

Buying and Selling Bitcoin Gold

It is usually not 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 Gemini, GDAX 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