Bitcoin Gold (BTG) Price Hits $22.57 on Top Exchanges

Bitcoin Gold (BTG) traded down 3.3% against the dollar during the one day period ending at 8:00 AM Eastern on February 6th. One Bitcoin Gold coin can now be purchased for about $22.57 or 0.00052791 BTC on major exchanges. During the last seven days, Bitcoin Gold has traded 7.1% lower against the dollar. Bitcoin Gold has a total market cap of $395.28 million and $98,473.93 worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • Zcash (ZEC) traded 4.7% lower against the dollar and now trades at $20.64 or 0.00048281 BTC.
  • Horizen (ZEN) traded up 5.3% against the dollar and now trades at $8.36 or 0.00019561 BTC.
  • Pirate Chain (ARRR) traded 6.8% lower against the dollar and now trades at $0.20 or 0.00000456 BTC.
  • Komodo (KMD) traded 2% lower against the dollar and now trades at $0.24 or 0.00000573 BTC.
  • Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
  • ZClassic (ZCL) traded down 2.7% against the dollar and now trades at $0.0776 or 0.00000182 BTC.

About Bitcoin Gold

Bitcoin Gold (CRYPTO:BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. The official website for Bitcoin Gold is bitcoingold.org. 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. 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.”

Buying and Selling Bitcoin Gold

It is usually not 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, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the aforementioned exchanges.

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