Posts Tagged ‘Bitcoin Gold (BTG)

The first larger crypto currency exchange to enable support for deposits (address generation) as well as trading of the new Bitcoin Gold (BTG) fork is HitBTC. Trading markets for BTG are available for Bitcoin, Ethereum and USDT, though the BTC market is the largest one with almost 2000 coins volume in no time. The current exchange rate of BTG is about 0.025 BTC per coin or about 150-160 USD, so lower than the initial trading before the actual Bitcoin Gold network went online. At the moment there are still not a lot of BTG coins available on the market due to the fact that most users still haven’t claimed their Bitcoin Gold coins they got for holding BTC in their wallets, so that can cause initial spike in price back to higher levels until more coins are available. Although the initial start of the BTG network was a bit slow and not without issues now things are apparently getting normalized and we should soon see more exchanges adding the asset for trading.

For more details about the HitBTC crypto exchange already trading Bitcoin Gold (BTG)…

The Bitcoin Gold (BTG) team has announced the official launch time for the mainnet (currently on testnet) when the mining of the coin will become possible and its actual integration into exchanges and hopefully coin distribution and coins being possible to claim by Bitcoin owners that held BTC at the day of the blockchain snapshot. The official start date for start of Bitcoin Gold is set for 12th November (7:00 UTC) when the download of Bitcoin Gold full node client will be made available. The BTG blockchain will officially go live and the mining will begin and wallets and exchanges will be able to process deposits, withdrawals and trades (as soon as they are ready). We are still going to have to wait a couple of more days or more for larger exchanges to evaluate the software and decide should they add support for BTG and distribute Bitcoin Gold coins to their users that had BTC available at the time of the blockchain snapshot.

Update: The launch time was moved from the initially announced 7:00 UTC to 19:00 UTC.

For more details about the upcoming official announcement for the Bitcoin Gold (BTG) Launch…