Bitcoin Gold Trading 3.4% Higher This Week (BTG)

Bitcoin Gold (BTG) traded 0.8% lower against the US dollar during the 1-day period ending at 11:00 AM E.T. on August 28th. Over the last week, Bitcoin Gold has traded up 3.4% against the US dollar. Bitcoin Gold has a market capitalization of $8.78 million and $0.61 worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can now be purchased for $0.50 or 0.00000630 BTC on popular exchanges.

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

• Zcash (ZEC) traded up 2.1% against the dollar and now trades at $810.76 or 0.01020201 BTC.
• Horizen (ZEN) traded 1.8% lower against the dollar and now trades at $5.16 or 0.00006489 BTC.
• Pirate Chain (ARRR) traded up 3.8% against the dollar and now trades at $0.20 or 0.00000255 BTC.
• ZClassic (ZCL) traded 6% lower against the dollar and now trades at $0.21 or 0.00000262 BTC.
• Komodo (KMD) traded 22.8% lower against the dollar and now trades at $0.0064 or 0.00000008 BTC.

Bitcoin Gold Profile

Bitcoin Gold (CRYPTO:BTG) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was October 25th, 2017. Bitcoin Gold’s total supply is 17,513,924 coins. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official website is btgofficial.org. Bitcoin Gold’s official message board is forum.bitcoingold.org. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed 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”

Buying and Selling Bitcoin Gold

It is usually not 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, GDAX or Changelly. 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