Bitcoin Gold (BTG) Price Tops $0.36 on Major Exchanges

Bitcoin Gold (BTG) traded up 0.1% against the US dollar during the 1-day period ending at 11:00 AM ET on August 4th. During the last seven days, Bitcoin Gold has traded up 0.6% against the US dollar. One Bitcoin Gold coin can currently be bought for about $0.36 or 0.00000567 BTC on exchanges. Bitcoin Gold has a total market capitalization of $6.36 million and $4.43 worth of Bitcoin Gold was traded on exchanges in the last day.

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

• Zcash (ZEC) traded 0.6% higher against the dollar and now trades at $492.09 or 0.00767896 BTC.
• Horizen (ZEN) traded 0.9% lower against the dollar and now trades at $4.10 or 0.00006400 BTC.
• Pirate Chain (ARRR) traded 11% higher against the dollar and now trades at $0.23 or 0.00000361 BTC.
• Komodo (KMD) traded up 74.7% against the dollar and now trades at $0.0267 or 0.00000042 BTC.
• ZClassic (ZCL) traded 7.1% lower against the dollar and now trades at $0.14 or 0.00000222 BTC.

Bitcoin Gold Profile

Bitcoin Gold (CRYPTO: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. 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 message board is forum.bitcoingold.org. The official website for Bitcoin Gold is btgofficial.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 currently 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView