Bitcoin Gold Price Reaches $14.60 on Exchanges (BTG)

Bitcoin Gold (BTG) traded 2.7% lower against the US dollar during the twenty-four hour period ending at 22:00 PM E.T. on November 24th. In the last seven days, Bitcoin Gold has traded down 0.8% against the US dollar. One Bitcoin Gold coin can currently be bought for $14.60 or 0.00088495 BTC on popular cryptocurrency exchanges. Bitcoin Gold has a market capitalization of $255.75 million and approximately $3.80 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed in the last 24 hours:

  • Zcash (ZEC) traded 1.5% lower against the dollar and now trades at $42.54 or 0.00257801 BTC.
  • Horizen (ZEN) traded 6.5% lower against the dollar and now trades at $9.15 or 0.00055460 BTC.
  • Pirate Chain (ARRR) traded 0.5% higher against the dollar and now trades at $0.36 or 0.00002167 BTC.
  • Komodo (KMD) traded 0.2% lower against the dollar and now trades at $0.19 or 0.00001170 BTC.
  • Bitcoin Private (BTCP) traded down 9.1% against the dollar and now trades at $0.52 or 0.00003132 BTC.
  • ZClassic (ZCL) traded down 0.1% against the dollar and now trades at $0.0363 or 0.00000220 BTC.

Bitcoin Gold Profile

Bitcoin Gold (CRYPTO:BTG) 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. 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. Bitcoin Gold’s official website is 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.”

Buying and Selling Bitcoin Gold

It is usually not currently 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 Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Gold using one of the aforementioned exchanges.

Receive News & Updates for Bitcoin Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Bitcoin Gold and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.