Bitcoin Gold Price Hits $22.41 on Top Exchanges (BTG)

Bitcoin Gold (BTG) traded up 0.8% against the dollar during the 24-hour period ending at 23:00 PM Eastern on November 1st. One Bitcoin Gold coin can now be bought for approximately $22.41 or 0.00032141 BTC on popular exchanges. Bitcoin Gold has a market capitalization of $392.44 million and approximately $2.78 million worth of Bitcoin Gold was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin Gold has traded 3.9% higher against the dollar.

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

• Zcash (ZEC) traded up 4.3% against the dollar and now trades at $38.51 or 0.00055244 BTC.
• Horizen (ZEN) traded up 1.7% against the dollar and now trades at $7.46 or 0.00010694 BTC.
• Pirate Chain (ARRR) traded down 0.1% against the dollar and now trades at $0.18 or 0.00000262 BTC.
• Komodo (KMD) traded 1.1% lower against the dollar and now trades at $0.23 or 0.00000327 BTC.
• ZClassic (ZCL) traded up 0.3% against the dollar and now trades at $0.0488 or 0.00000070 BTC.

About Bitcoin Gold

BTG 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 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. Bitcoin Gold’s official Twitter account is @bitcoingold and its Facebook page is accessible here. Bitcoin Gold’s official message board is forum.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.”

Bitcoin Gold Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Bitcoin Gold directly using U.S. dollars. Investors seeking to trade Bitcoin Gold should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. 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