Bitcoin Private (BTCP) Price Up 0.5% This Week

by · The Markets Daily

Bitcoin Private (BTCP) traded flat against the U.S. dollar during the 1-day period ending at 11:00 AM Eastern on December 27th. In the last seven days, Bitcoin Private has traded 0.5% higher against the U.S. dollar. Bitcoin Private has a market cap of $910.56 thousand and $24.10 worth of Bitcoin Private was traded on exchanges in the last 24 hours. One Bitcoin Private coin can now be purchased for $0.19 or 0.00000700 BTC on popular exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

  • Zcash (ZEC) traded 17.6% higher against the dollar and now trades at $519.26 or 0.00593405 BTC.
  • Horizen (ZEN) traded up 16.5% against the dollar and now trades at $9.16 or 0.00010472 BTC.
  • Pirate Chain (ARRR) traded 0.1% higher against the dollar and now trades at $0.27 or 0.00000307 BTC.
  • Bitcoin Gold (BTG) traded 0% lower against the dollar and now trades at $0.54 or 0.00000614 BTC.
  • Komodo (KMD) traded 0.6% higher against the dollar and now trades at $0.0364 or 0.00000042 BTC.
  • ZClassic (ZCL) traded 7.3% lower against the dollar and now trades at $0.24 or 0.00000275 BTC.

Bitcoin Private Coin Profile

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. Bitcoin Private’s official website 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.”

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 acquire Bitcoin Private should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. 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