Buy, Sell, & Trade BTG
Exchange BTG with USD and Cryptocurrency
Just like with any other investment, when it comes to trading cryptocurrencies, users want something that is speedy, yet secure. For people looking to exchange BTG with flat currencies or other cryptocurrencies, the Rubix platform can do just that. With world-class security and an intuitive exchange, Rubix is famed for its ease of use.
What is Bitcoin Gold (BTG)?
Bitcoin Gold is a fork of the Bitcoin cryptocurrency that aims to decentralize the mining process by making it possible to mine it on normal computers. Mining Bitcoin is a resource intensive process that requires high-end computers, however, mining Bitcoin Gold is designed to be mined using normal computers, and offers no advantage when mining it with high-end machines.
As of 2020, cryptocurrency has been used as a decentralized alternative to traditional fiat currencies (which are usually backed by some central government) such as the US dollar (USD). Meanwhile, cryptocurrency technology, including smart contracts and blockchain, has been used for a number of other purposes such as apps, cloud computing, and more.
As of September 2017, there were over 1,100 cryptocurrencies and the total market capitalization of all cryptocurrencies reached an all-time high surpassing $60 billion! Then, by December 2017, the total market cap reached $600 billion (a multiple of 10 in only two months).
Although the future is uncertain, cryptocurrency is proving itself to be more than just a fad. Today cryptocurrency is shaping up to be a growing market that (despite the pros and cons) is likely here for the long haul.
Who created BTG?
The first decentralized digital cryptocurrency can arguably be traced back to “bit gold” (not to be confused with Bitgold), which was worked on by Nick Szabo between 1998 and 2005 but was never implemented.
Although bit gold is widely considered the first precursor to bitcoin, cryptocurrency pioneer David Chaum’s company DigiCash (a company founded in 1989 which attempted to innovate digital currency), Wei Dai’s b-money (a conceptual system published in 1998 which Satoshi cites it in the Bitcoin white paper), and “e-gold” (a centralized digital currency that started in 1996) are all notable early mentions.
How do I exchange and Trade BTG?
Users can convert their crypto token to USD by finding an exchange that deals both currencies and selling your crypto currency. Depending on the current exchange rate, fees and spreads that the exchange charges, users will withdraw a corresponding amount of USD. In fact, it fundamentally works the same way as any other currency conversion option. Rubix employs the latest safety measures and has a proven track record for fair, efficient transactions.
Exchange BTG using Rubix
Whether you have dollars, BTC, or any other cryptocurrency supported by Rubix, Rubix exchanges your digital assets or fiat currency for BTG. It is crypto asset management made easy. Rubix allows you to pay for products, send funds, and make bets with friends — all while knowing your funds are safe. Keep your BTG secure with Rubix. Access the Rubix platform from any web browser or device and start your litecoin trading and exchange journey!