How to Convert BTG to BTC
Converting BTG to BTC is done through an automated process that follows simple steps. You must input the amount of BTG or Bitcoins you want to convert. Then finalize the conversion and wait for the transaction to be completed successfully.
About BTG & BTC
What is Bitcoin Gold?
Bitcoin Gold is a fork of the original Bitcoin. It was created in October 2017 and brought a few changes to the original Bitcoin protocol. Bitcoin Gold was introduced to solve Bitcoin’s scalability issue by using a different mining algorithm and increasing the block size.
Besides, the developers added a new layer of privacy and anonymity to their system to transact while still retaining the decentralized blockchain technology at its core. With this new addition, it is possible for users on both sides of any transaction to be anonymous or remain pseudonymous as long as they do not reveal which signature belongs to them.
What is Bitcoin?
Bitcoin is a cryptocurrency and worldwide payment system. The network is peer-to-peer and transactions occur between users directly, without an intermediary. These transactions are verified by network nodes through cryptography and recorded in a blockchain, publicly distributed ledger.
Bitcoin has been created as a decentralized digital currency with no central point of control. It is also the most popular cryptocurrency, with over 10% estimated global market share in total value. Bitcoin cannot be recovered once the wallet seed phrase is lost and transactions are not reversible.
Convert BTG to BTC using Rubix
To convert BTG to BTC, you can use the Rubix exchange. Rubix allows you to convert BTG to BTC more efficiently with no complicated procedures or lengthy steps involved.
Rubix is an exchange platform that simplifies the conversion of cryptocurrencies from one to another. Below is a step-by-step guide on how to convert your BTG to BTC using the Rubix exchange platform:
– Go to Rubix exchange and create an account if you don’t already have one
– From there, go over the navigation bar, click on “Markets” and find Bitcoin Gold (BTG)
– Next, select BTG to BTC trading pair and input the amount of Bitcoin Gold you want to convert
Confirm the transaction and it will take mere seconds to be executed flawlessly with the best rates.