Bitcoin Gold Price Hits $23.07 on Exchanges (BTG)

Bitcoin Gold (BTG) traded 6.1% higher against the U.S. dollar during the 24 hour period ending at 16:00 PM Eastern on September 19th. One Bitcoin Gold coin can currently be bought for about $23.07 or 0.00036490 BTC on cryptocurrency exchanges. During the last seven days, Bitcoin Gold has traded 6.3% higher against the U.S. dollar. Bitcoin Gold has a market capitalization of $404.02 million and $5.45 million worth of Bitcoin Gold was traded on exchanges in the last day.

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

• Zcash (ZEC) traded 7.3% higher against the dollar and now trades at $31.77 or 0.00050247 BTC.
• Horizen (ZEN) traded 7.1% higher against the dollar and now trades at $8.35 or 0.00013202 BTC.
• Pirate Chain (ARRR) traded 8% higher against the dollar and now trades at $0.19 or 0.00000295 BTC.
• Komodo (KMD) traded up 6.6% against the dollar and now trades at $0.25 or 0.00000391 BTC.
• ZClassic (ZCL) traded up 6.7% against the dollar and now trades at $0.0498 or 0.00000079 BTC.

Bitcoin Gold Coin Profile

Bitcoin Gold 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 message board for Bitcoin Gold is forum.bitcoingold.org. The official website for Bitcoin Gold is bitcoingold.org. 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.

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 presently 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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the exchanges listed above.

BTG/USD price chart by TradingView