Bitcoin Gold forked from Bitcoin on October 25, 2017. It gave all Bitcoin owners the equivalent amount of Bitcoin Gold (BTG). So if you had 11 bitcoins at the time of the fork, after the fork you would have 11 bitcoins and 11 BTG.
At its current price of about $250, the BTG fork was a nice gift to Bitcoin holders. Here is how you can acquire BTG if you did not hold BTC at the time of the fork.
Unfortunately, right now, there is no easy way to buy Bitcoin Gold coin with a credit card in the USA with USD.
You will first have to buy BTC with your credit card.
BitPanda is based in Austria and is a crypto brokerage service. You can buy bitcoins with your credit card if you live in Europe for low fees.
Once you have the bitcoins you can use Binance to convert your bitcoins to Bitcoin Gold coins in about 10 minutes.
Again, if you live in the USA, Europe, Singapore or Australia then you must first buy bitcoins with your bank account using Coinbase or a similar service. Once you get the bitcoins from Coinbase you can use Binance to convert the bitcoins to BTG.
If you live in any other country then you can use our home page to find a Bitcoin exchange in your country that accepts bank transfer. Then once you buy bitcoins you can convert them to BTG within 10 minutes.
Before we move onto other options:
Never store your Bitcoin Gold coins on an exchange!
Always withdrawal your Bitcoin Gold coins to an offline wallet like the Ledger Nano S or any other wallet that you control. Ledger added support for Bitcoin Gold shortly after the fork happened.
There is no way to directly purchase Bitcoin Gold with cash. Not even any ATMs support buying Bitcoin Gold.
You can use Binance to easily exchange bitcoins for Bitcoin Gold.
BitPanda allows Europeans to buy Bitcoin Gold directly with Skrill.
Bitcoin Gold changed the algorithm used for mining. Whereas Bitcoin uses SHA256 for its algo, Bitcoin Gold uses the Equihash for its proof of work. This is the same algorithm used by Zcash.
Bitcoin has very good brand recognition. It is possible that new cryptocurrency users feel that they missed out on Bitcoin so they want to buy Bitcoin Gold as it feels like a ‘cheaper’ Bitcoin.
Bitcoin Gold is trading at about $250 or 0.015 BTC per BTG.