The BTG/BTC rate displays the Bitcoin Gold rate expressed in the most popular Bitcoin cryptocurrency and how many Bitcoins one Bitcoin Gold costs.
Bitcoin Gold (BTGUSD) is an independent cryptocurrency based on Bitcoin. Bitcoin Gold is another of the famous forks of Bitcoin after Bitcoin Cash. The division occurred on 24th October 2017. The developers are trying to solve the problem of centralising the mining by changing the algorithm for proving the Proof-of-Work (P-o-W) done.
Bitcoin (BTC) is the most popular in the world of cryptocurrency. "Pioneer" of the digital currency market. The first bitcoins were mined in 2009. The total issue volume is limited to 21 million coins. To date, about 80% of the total volume has been extracted. But every year the complexity of extraction increases, and the reward for the extracted block decreases. This cryptocurrency is independent and its value depends on the ratio of supply and demand.
After the Bitcoin Gold mining process was launched and new blocks were added to the network, the BTG exchange rate to Bitcoin showed strong growth. Quotes jumped from 0.0175 to a level of 0.760 within three days. The growth was 334%.
BTG/BTC has a high level of volatility and will be of interest to active traders.
How to buy and sell BTG/BTC?
To simply exchange one cryptocurrency for another, you must have one of these currencies and use specialised crypto exchanges. However, for earnings to change their value, it is better to use brokers and trading platforms. For example, Metatrader 4 or Libertex. On these platforms, it is easier to make transactions, and they allow you to use credit leveraging.