Bitcoin Gold (BTG) Market Capitalization Tops $622.95 Million

Bitcoin Gold (BTG) traded up 1.9% against the US dollar during the twenty-four hour period ending at 9:00 AM ET on November 30th. During the last week, Bitcoin Gold has traded up 5.7% against the US dollar. Bitcoin Gold has a total market capitalization of $622.95 million and $45.29 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. One Bitcoin Gold coin can now be purchased for $35.57 or 0.00036846 BTC on cryptocurrency exchanges.

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

• Zcash (ZEC) traded 3.9% higher against the dollar and now trades at $57.29 or 0.00059348 BTC.
• Horizen (ZEN) traded up 16.3% against the dollar and now trades at $16.57 or 0.00017163 BTC.
• Pirate Chain (ARRR) traded 3.5% lower against the dollar and now trades at $0.29 or 0.00000300 BTC.
• Komodo (KMD) traded up 2.8% against the dollar and now trades at $0.34 or 0.00000350 BTC.
• ZClassic (ZCL) traded 0.6% lower against the dollar and now trades at $0.0579 or 0.00000060 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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. The Reddit community for Bitcoin Gold is https://reddit.com/r/bitcoingoldhq and the currency’s Github account can be viewed here. The official message board for Bitcoin Gold is forum.bitcoingold.org. The official website for Bitcoin Gold is bitcoingold.org.

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.”

Buying and Selling Bitcoin Gold

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

BTG/USD price chart by TradingView