Bitcoin Gold Price Reaches $0.50 on Exchanges (BTG)

Bitcoin Gold (BTG) traded 0.8% lower against the US dollar during the 1 day period ending at 11:00 AM E.T. on August 28th. In the last seven days, Bitcoin Gold has traded 3.4% higher against the US dollar. One Bitcoin Gold coin can now be purchased for $0.50 or 0.00000630 BTC on major exchanges. Bitcoin Gold has a market capitalization of $8.78 million and $0.61 worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded up 2.1% against the dollar and now trades at $810.76 or 0.01020201 BTC.
• Horizen (ZEN) traded down 1.8% against the dollar and now trades at $5.16 or 0.00006489 BTC.
• Pirate Chain (ARRR) traded up 3.8% against the dollar and now trades at $0.20 or 0.00000255 BTC.
• ZClassic (ZCL) traded down 6% against the dollar and now trades at $0.21 or 0.00000262 BTC.
• Komodo (KMD) traded 22.8% lower against the dollar and now trades at $0.0064 or 0.00000008 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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. 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. The official website for Bitcoin Gold is btgofficial.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”

Bitcoin Gold Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to acquire Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini 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