Bitcoin Gold (BTG) Price Reaches $3.05 on Top Exchanges

Bitcoin Gold (BTG) traded 7.4% lower against the US dollar during the 24 hour period ending at 10:00 AM E.T. on March 22nd. Bitcoin Gold has a total market cap of $53.47 million and approximately $7.96 million worth of Bitcoin Gold was traded on exchanges in the last day. In the last seven days, Bitcoin Gold has traded down 3.9% against the US dollar. One Bitcoin Gold coin can currently be bought for about $3.05 or 0.00003627 BTC on exchanges.

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

• Zcash (ZEC) traded up 1.3% against the dollar and now trades at $30.55 or 0.00036285 BTC.
• Horizen (ZEN) traded up 0.3% against the dollar and now trades at $8.93 or 0.00010611 BTC.
• Pirate Chain (ARRR) traded down 1.1% against the dollar and now trades at $0.13 or 0.00000153 BTC.
• Komodo (KMD) traded 4.7% higher against the dollar and now trades at $0.17 or 0.00000207 BTC.
• ZClassic (ZCL) traded up 0.3% against the dollar and now trades at $0.0724 or 0.00000086 BTC.

Bitcoin Gold Profile

Bitcoin Gold is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis 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. The official message board for Bitcoin Gold 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. The official website for Bitcoin Gold is btgofficial.org.

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.”

Bitcoin Gold Coin Trading

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

BTG/USD price chart by TradingView