Bitcoin Gold Price Reaches $21.53 on Exchanges (BTG)

Bitcoin Gold (BTG) traded up 0.4% against the US dollar during the 24-hour period ending at 11:00 AM E.T. on September 12th. Bitcoin Gold has a market cap of $377.16 million and approximately $2.11 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. During the last seven days, Bitcoin Gold has traded 1.6% higher against the US dollar. One Bitcoin Gold coin can currently be bought for approximately $21.53 or 0.00037309 BTC on major cryptocurrency exchanges.

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

• Zcash (ZEC) traded up 0.1% against the dollar and now trades at $29.39 or 0.00050919 BTC.
• Horizen (ZEN) traded up 2.6% against the dollar and now trades at $7.89 or 0.00013677 BTC.
• Pirate Chain (ARRR) traded up 3.6% against the dollar and now trades at $0.17 or 0.00000302 BTC.
• Komodo (KMD) traded up 2.4% against the dollar and now trades at $0.25 or 0.00000432 BTC.
• ZClassic (ZCL) traded 1.2% higher against the dollar and now trades at $0.0451 or 0.00000078 BTC.

Bitcoin Gold Profile

Bitcoin Gold (BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. 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. Bitcoin Gold’s official website is bitcoingold.org. Bitcoin Gold’s official message board is forum.bitcoingold.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.”

Bitcoin Gold Coin Trading

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 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