What is Bitcoin Gold (BTG)?
Bitcoin Gold (BTG) is a hard fork of Bitcoin, launched in November 2017. A hard fork occurs when a blockchain splits into two due to a significant protocol change, resulting in a new token on a separate blockchain. The main aim behind the creation of Bitcoin Gold was to re-decentralize Bitcoin, which by 2017 was becoming increasingly centralized due to the dominance of a small number of miners. This centralization was partly due to the high costs of ASIC (Application-Specific Integration Circuits) miners required for Bitcoin mining. In contrast, Bitcoin Gold was designed to be mined with GPUs (Graphics Processing Units), which are more accessible to average individuals. Bitcoin Gold uses the Equihash proof of work mechanism, making it difficult to mine with custom hardware like ASIC miners. This has led to smaller block sizes and potentially faster transaction speeds compared to Bitcoin. However, a significant downside of Bitcoin Gold is its vulnerability to 51% attacks, a type of attack where a group controls over 50% of the network's computing power, leading to issues like reversed transactions and double-spending.
The price of Bitcoin Gold, like many cryptocurrencies, is influenced by a range of factors. Traders use a combination of trading signals and technical indicators to predict its price trajectory. Key indicators include Bitcoin Gold's support and resistance levels, which offer insights into market supply and demand dynamics. Additionally, chart patterns, along with indicators like the RSI (Relative Strength Index), Moving Averages, and the MACD (Moving Average Convergence Divergence), are used to gauge the direction of long-term trends and predict future price movements. Market sentiments also play a crucial role. As of 2023, there is a neutral bullish sentiment with a 57% market leaning, and the Fear Greed Index displays a score indicative of greed. This sentiment is supported by various indicators, with a majority signaling a bullish prediction for Bitcoin Gold. However, it's essential to note that the long-term trend for Bitcoin Gold has been negative, with a significant decline in price over the past year. This trend is observed in the daily price charts, showing Bitcoin Gold in a falling channel, indicating a prolonged period of declining prices with challenges in sustaining significant upward movements.
The cheapest way to Buy Bitcoin Gold (BTG) on Bitget
On Bitget you can buy Bitcoin Gold (BTG) easily and fast. Bitget offers:
- Low fees; transparent fees with no hidden fees.
- Multiple payment methods, such as Credit/Debit Card, Sepa transfer, p2p and more!
- 500+ assets; buy Bitcoin Gold (BTG) along with hundreds of other crypto assets
- 24/7 dedicated customer support
- Safe and Secure; Bitget prioritizes the safety of your crypto assets, transactions and personal information
Simple 3-step guide to buying BTG today in North Macedonia
Create your free Bitget account
Select a funding method
Complete your Bitcoin Gold purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Bitcoin Gold using a payment method of your choice:
Buy Bitcoin Gold with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Bitcoin Gold order.
How to buy crypto with credit/debit cardBuy Bitcoin Gold with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Bitcoin Gold is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Bitcoin Gold order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Bitcoin Gold order.Buy Bitcoin Gold with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your Bitcoin Gold order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Bitcoin Gold in your Bitget spot wallet
Bitget—where the world trades Bitcoin Gold
How to buy Bitcoin Gold for free
- Learn how to earn Bitcoin Gold for free through the Learn2Earn promotion
- Earn free Bitcoin Gold by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Bitcoin Gold airdrops by joining ongoing challenges and promotions
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FAQ
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North Macedonia, officially the Republic of North Macedonia, is a country in Southeast Europe. A landlocked country, North Macedonia is bordered by Kosovo to the northwest, Serbia to the north, Bulgaria to the east, Greece to the south, and Albania to the west. Macedonian denar (MKD) is its official currency. It only takes a few minutes to buy Bitcoin Gold(BTG), and many other coins in North Macedonia on Bitget using MKD.
Home to Alexander the Great, North Macedonia is a country with a rich historical and cultural heritage. A significant number of Byzantine frescos, now well preserved, were made during the 11th and 16th centuries under the influence of Byzantine rulers. North Macedonia also hosts a wide range of cultural events each year, such as the Ohrid Summer festival of classical music and drama, the Struga Poetry Evenings, the International Camera Festival, the Open Youth Theatre, and the Skopje Jazz Festival.
Tourism is an integral part of North Macedonia’s economy. With over 50 glacial lakes and 16 mountains higher than 2,000 meters, North Macedonian has been attracting more and more foreign visitors after the new millennium. Cultural tourists also flock to its numerous festivals and cultural heritage sites. Whether you're in Skopje, Bitola, or Kumanovo, Bitget is here to serve you with your cryptocurrency needs. We offer many options with low fees and high security, such as Crypto Deposit, P2P Trading, and Third-Party Payment.