Bitcoin Private (BTCP) Price Reaches $0.23 on Exchanges

Bitcoin Private (BTCP) traded up 1.2% against the U.S. dollar during the 24 hour period ending at 23:00 PM ET on May 26th. Bitcoin Private has a market cap of $1.10 million and approximately $21.32 worth of Bitcoin Private was traded on exchanges in the last 24 hours. One Bitcoin Private coin can now be purchased for about $0.23 or 0.00000862 BTC on cryptocurrency exchanges. During the last seven days, Bitcoin Private has traded down 28.5% against the U.S. dollar.

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

• Zcash (ZEC) traded up 4.3% against the dollar and now trades at $32.55 or 0.00121746 BTC.
• Bitcoin Gold (BTG) traded 0.5% higher against the dollar and now trades at $12.47 or 0.00046636 BTC.
• Horizen (ZEN) traded up 1.8% against the dollar and now trades at $8.40 or 0.00031417 BTC.
• Pirate Chain (ARRR) traded up 0.3% against the dollar and now trades at $0.26 or 0.00000983 BTC.
• Komodo (KMD) traded up 3.8% against the dollar and now trades at $0.29 or 0.00001084 BTC.
• ZClassic (ZCL) traded 20% lower against the dollar and now trades at $0.0390 or 0.00000146 BTC.

Bitcoin Private Coin Profile

Bitcoin Private is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on 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 official website for Bitcoin Private is btcprivate.org. The Reddit community for Bitcoin Private is https://reddit.com/r/btc_private and the currency’s Github account can be viewed here.

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 currently possible to purchase alternative cryptocurrencies such as Bitcoin Private directly using U.S. dollars. Investors seeking to acquire Bitcoin Private should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Private using one of the aforementioned exchanges.

BTCP/USD price chart by TradingView