Bitcoin Gold Hits One Day Trading Volume of $58.76 Million (BTG)

Bitcoin Gold (BTG) traded 4% higher against the US dollar during the 1-day period ending at 21:00 PM Eastern on March 28th. Over the last seven days, Bitcoin Gold has traded 14.2% higher against the US dollar. Bitcoin Gold has a total market capitalization of $898.29 million and $58.76 million worth of Bitcoin Gold was traded on exchanges in the last day. One Bitcoin Gold coin can now be purchased for approximately $51.29 or 0.00072379 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded down 0.7% against the dollar and now trades at $30.60 or 0.00043177 BTC.
• Horizen (ZEN) traded up 0% against the dollar and now trades at $13.90 or 0.00019618 BTC.
• Komodo (KMD) traded 2.4% higher against the dollar and now trades at $0.41 or 0.00000583 BTC.
• Pirate Chain (ARRR) traded 2.8% lower against the dollar and now trades at $0.19 or 0.00000262 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 1.9% higher against the dollar and now trades at $0.0670 or 0.00000095 BTC.

Bitcoin Gold Profile

Bitcoin Gold (CRYPTO:BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded 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. The official website for Bitcoin Gold is bitcoingold.org. The official message board for Bitcoin Gold is forum.bitcoingold.org. 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.”

Bitcoin Gold Coin Trading

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

BTG/USD price chart by TradingView