Bitcoin Gold Price Tops $21.33 on Major Exchanges (BTG)

Bitcoin Gold (BTG) traded 2.4% lower against the US dollar during the 24-hour period ending at 20:00 PM ET on September 3rd. During the last week, Bitcoin Gold has traded 4.7% lower against the US dollar. Bitcoin Gold has a market capitalization of $373.65 million and $2.23 million worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can currently be purchased for approximately $21.33 or 0.00037224 BTC on major cryptocurrency exchanges.

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

• Zcash (ZEC) traded down 3.6% against the dollar and now trades at $28.84 or 0.00050318 BTC.
• Horizen (ZEN) traded 2.9% lower against the dollar and now trades at $7.18 or 0.00012520 BTC.
• Pirate Chain (ARRR) traded down 0.3% against the dollar and now trades at $0.17 or 0.00000298 BTC.
• Komodo (KMD) traded down 4.6% against the dollar and now trades at $0.23 or 0.00000406 BTC.
• ZClassic (ZCL) traded down 0.6% against the dollar and now trades at $0.0488 or 0.00000085 BTC.

About Bitcoin Gold

Bitcoin Gold (CRYPTO: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. The official website for Bitcoin Gold is bitcoingold.org. The official message board for Bitcoin Gold 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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible 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 buy alternative cryptocurrencies such as Bitcoin Gold directly using US dollars. Investors seeking to acquire Bitcoin Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the aforementioned exchanges.

BTG/USD price chart by TradingView