Bitcoin Private (BTCP) Price Tops $0.19 on Exchanges

Bitcoin Private (BTCP) traded flat against the dollar during the 1 day period ending at 12:00 PM ET on February 1st. Bitcoin Private has a total market capitalization of $910.56 thousand and $24.10 worth of Bitcoin Private was traded on exchanges in the last 24 hours. One Bitcoin Private coin can now be purchased for about $0.19 or 0.00000700 BTC on major exchanges. Over the last seven days, Bitcoin Private has traded 0.5% higher against the dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded down 3.2% against the dollar and now trades at $291.72 or 0.00376996 BTC.
• Horizen (ZEN) traded down 0.4% against the dollar and now trades at $7.02 or 0.00009070 BTC.
• Pirate Chain (ARRR) traded down 0.8% against the dollar and now trades at $0.33 or 0.00000425 BTC.
• Bitcoin Gold (BTG) traded 150.3% higher against the dollar and now trades at $1.26 or 0.00001631 BTC.
• Komodo (KMD) traded up 8% against the dollar and now trades at $0.0279 or 0.00000036 BTC.
• ZClassic (ZCL) traded 2.4% lower against the dollar and now trades at $0.25 or 0.00000321 BTC.

Bitcoin Private Coin Profile

Bitcoin Private (BTCP) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was March 3rd, 2018. Bitcoin Private’s total supply is 22,815,307 coins and its circulating supply is 4,785,761 coins. Bitcoin Private’s official Twitter account is @bitcoinprivate and its Facebook page is accessible here. The Reddit community for Bitcoin Private is https://reddit.com/r/btc_private and the currency’s Github account can be viewed here. The official website for Bitcoin Private is btcprivate.org.

According to CryptoCompare, “Bitcoin Private (BTCP) is a Bitcoin hard fork with the snapshot happening on February 28th, the fork will consist of a mix between BTC and ZCL.BTCP will use ZClassic (zk-snarks). This means payments are published on a public blockchain, but the sender, recipient and other transactional metadata remain unidentifiable.”

Buying and Selling Bitcoin Private

It is usually not presently possible to buy alternative cryptocurrencies such as Bitcoin Private directly using US dollars. Investors seeking to acquire Bitcoin Private should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Private using one of the aforementioned exchanges.

BTCP/USD price chart by TradingView