Bitcoin Gold/BTG

Bitcoin Gold (BTG) was crafted on the basis of the original Bitcoin, as an attempt to preserve the cryptocurrency's qualities as a decentralized entity. The planned maximum supply is 21 million BTG. Having been established in November, 2017, BTG is still very young so it is not used on a worldwide scale yet but in the near future, both general users and many online gambling fans will get to benefit from its advantages. The cryptocurrency is already being offered as a payment method at online gambling casinos. Two great sites with diverse game galleries, many bonus offers and solid services, which allow their members to pay with Bitcoin Gold are 1xSlots and 1xBit.

Features and Advantages of the Digital Currency

The transaction processing time is 10 minutes, which is the time that passes from the moment when the transfer process has starts to the moment, when the confirmation comes that it has concluded. Users can enjoy lower transaction fees particularly after February, 2018. BTG also features a special replay protection, which prevents fraudulent users to replicate the transaction and acquire twice the amount of coins. The mining algorithm of Bitcoin Gold is the proof-of-work Equihash. Users with more common equipment are capable of mining- a result of the currency's emphasis on decentralization.

Acquiring Bitcoin Gold and Its Wallet

One can get BTG in his or her wallet by mining it, trading it or acquire it through an online exchange. The cryptocurrency can be acquired on a number of different online exchanges such as Binance, CEX.IO, KuCoin, Changelly, BitBay, Bleutrade, Cryptopia, Bittrex and ShapeShift. The trade can be completed through both flat and digital currencies. Using the exchanges is simple and there are always clearly defined instructions.

In order to pay with Bitcoin Gold, the special wallet needs to be acquired and filled with the digital currency. The wallet can be downloaded from the official site - bitcoingold.org. It is compatible with multiple operating systems such as Windows, Linux and Mac. The wallet address of the recipient needs to be typed down and then the amount has to be selected. Then users are free to send their BTG.

Bitcoin Gold is brand new, which obviously means that it will take some time before it becomes more widely recognized for its many comfortable uses but online traders who are willing to try it out for the first time will nonetheless be able to find plenty of ways to profit from it.