Bitcoin Gold Tops 24-Hour Volume of $2.92 Thousand (BTG)

Bitcoin Gold (BTG) traded down 14.6% against the US dollar during the twenty-four hour period ending at 9:00 AM ET on May 28th. In the last week, Bitcoin Gold has traded down 6.1% against the US dollar. One Bitcoin Gold coin can currently be purchased for approximately $0.29 or 0.00000394 BTC on popular exchanges. Bitcoin Gold has a market capitalization of $5.06 million and approximately $2.92 thousand worth of Bitcoin Gold was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded down 7.8% against the dollar and now trades at $524.20 or 0.00715350 BTC.
• Horizen (ZEN) traded 7.4% lower against the dollar and now trades at $5.60 or 0.00007636 BTC.
• Pirate Chain (ARRR) traded down 8.5% against the dollar and now trades at $0.33 or 0.00000450 BTC.
• Komodo (KMD) traded down 86.1% against the dollar and now trades at $0.0109 or 0.00000015 BTC.
• ZClassic (ZCL) traded down 2% against the dollar and now trades at $0.15 or 0.00000204 BTC.

Bitcoin Gold Profile

Bitcoin Gold 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 message board is forum.bitcoingold.org. The official website for Bitcoin Gold is btgofficial.org. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here.

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 possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. 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