Our crypto news section today shows you how you can trade Bitcoin Gold (BTG) in an easy way. For those of you who don’t know, Bitcoin Gold is a cryptocurrency and a hard fork of the most dominant coin, Bitcoin (BTC).
A hard fork is a substantial change in the technology that is underlying Bitcoin on its blockchain. So in a nutshell, Bitcoin Gold represents a new coin with a new structure – the main purpose of the hard fork was to restore the ability of common processors to mine Bitcoin.
Why You Should Trade Bitcoin Gold (BTG)
Simply put, if you want to trade Bitcoin Gold (BTG), you should know that this altcoin is a product of the original flagship coin Bitcoin – which is why it is attractive in the first place. Launched in 2017, the coin has an extraordinary history.
In May 2018, it suffered from a successful “51% hashing attack” where a group of miners with control over half of the network made the price soar. The coin had its ups and downs in history but right now, it is gearing up for a new rally that will apparently follow the price of Bitcoin (BTC).
Where To Store Your Bitcoin Gold (BTG)
In order to buy and trade Bitcoin Gold (BTG), you need an exchange. But in order to hold it, you need a place to store it.
While you can purchase BTG from some of the top exchanges out there, the best BTG wallets include Atomic Wallet, Ledger Nano S, Ledger Nano X, Trezor, Guarda Wallet and Exodus. Keep in mind that you can store Bitcoin Gold to certain wallets using the public key – which should be only visible and known by you and no one else.
Our BTG Price Prediction
While the history of Bitcoin Gold has been a bumpy road, the BTG cryptocurrency is trading at the 40th place in the cryptocurrency news now. The price of $9.13 is likely to soar along with other altcoins as BTG gains some value and is recognized by more investors.
If you want to trade Bitcoin Gold, make sure to get informed about the coin before trading it – and keep following our altcoin news and rumors for more updates in the future!
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]