Bitcoin Private Hits 1-Day Volume of $24.10 (BTCP)

Bitcoin Private (BTCP) traded flat against the dollar during the 24-hour period ending at 19:00 PM ET on October 15th. One Bitcoin Private coin can now be bought for about $0.19 or 0.00000700 BTC on major cryptocurrency exchanges. During the last seven days, Bitcoin Private has traded 0.5% higher against the dollar. Bitcoin Private has a total market cap of $910,556.88 and approximately $24.10 worth of Bitcoin Private was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded 4.3% higher against the dollar and now trades at $37.80 or 0.00056573 BTC.
• Bitcoin Gold (BTG) traded 0.6% lower against the dollar and now trades at $23.30 or 0.00034875 BTC.
• Horizen (ZEN) traded down 2.7% against the dollar and now trades at $8.17 or 0.00012228 BTC.
• Komodo (KMD) traded 5.4% lower against the dollar and now trades at $0.26 or 0.00000384 BTC.
• Pirate Chain (ARRR) traded 0.6% higher against the dollar and now trades at $0.17 or 0.00000252 BTC.
• ZClassic (ZCL) traded down 1.8% against the dollar and now trades at $0.0519 or 0.00000078 BTC.

Bitcoin Private Coin Profile

Bitcoin Private (BTCP) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on March 3rd, 2018. Bitcoin Private’s total supply is 22,815,307 coins and its circulating supply is 4,785,761 coins. Bitcoin Private’s official Twitter account is @bitcoinprivate and its Facebook page is accessible here. The official website for Bitcoin Private is btcprivate.org. The Reddit community for Bitcoin Private is https://reddit.com/r/btc_private and the currency’s Github account can be viewed here.

According to CryptoCompare, “Bitcoin Private (BTCP) is a Bitcoin hard fork with the snapshot happening on February 28th, the fork will consist of a mix between BTC and ZCL.

BTCP will use ZClassic (zk-snarks). This means payments are published on a public blockchain, but the sender, recipient and other transactional metadata remain unidentifiable.

***The official Bitcoin Private ticker is “BTCP” and trades under that name on all the exchanges where it has been listed. ***”

Buying and Selling Bitcoin Private

It is usually not possible to purchase alternative cryptocurrencies such as Bitcoin Private directly using US dollars. Investors seeking to trade Bitcoin Private should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Bitcoin Private using one of the aforementioned exchanges.

BTCP/USD price chart by TradingView