How to Buy
5 steps to buy on BYDFi
Open BYDFi account for free
Sign up for BYDFi with your email/mobile number and create a strong password to protect your account
Keep your account safe
Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.
Verify account
Enter your personal information and upload a photo of your valid ID cardVerify your personal identity
Add payment method
Once your BYDFi account is verified, add credit/debit card or bank account
Buy
There are various payment methods available to purchase BTG on BYDFi. We'll guide you through it
Choose how to purchase BTG on BYDFi
Buying coins on BYDFi is easy and convenient. Explore different ways to buy
- 1
Buy with credit/debit card
This is the easiest way for new users to buy (BTG). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete
- 2
Buy through third-party channels
BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area
- 3
Buy on BYDFi's Spot market
BYDFi's Spot market offers 700+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here3. After a successful trade, you can view the available in your account
How to store ?
The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store
Store BTG in your BYDFi account
Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets
Deposit your BTG to the wallet
「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .
How you can use with BYDFi
Hold
Store in your BYDFi account.
Trade
Trade in spot and futures markets.
Why is BYDFi the best platform to buy ?
Safe and reliable
Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and insurance fund protect your account.
High liquidity
BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads
Gem cryptocurrency platform
Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy BTG on BYDFi and use it to exchange other crypto assets.
Friendly interface
Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive BTG
Trade
Answers
What Is Bitcoin Gold (BTG)?
Bitcoin Gold was founded in 2017 as a user-friendly alternative to Bitcoin. It aims to combine the security and sturdiness of the Bitcoin blockchain with the opportunity for experimentation and development.
Bitcoin Gold enhances and extends the crypto space with a blockchain closely compatible with Bitcoin but without using resources like Bitcoin hash power. The company aims to present a coin with the implementation capabilities of Bitcoin, expanding opportunities for DeFi and DApp developers.
Who Are the Founders of Bitcoin Gold?
Bitcoin Gold was founded by a group of enthusiasts with diverse backgrounds and skills. Hang Yin is a co-founder and lead developer at Bitcoin Gold. He graduated with a degree in computer science from Fudan University in 2015. Martin Kuvandzhiev is the second co-founder of Bitcoin Gold and a board member at the company. He graduated with a degree in computer software engineering from the Technical University of Sofia.
What Makes Bitcoin Gold Unique?
Bitcoin Gold is a unique combination of the inherent properties of the original Bitcoin blockchain and an innovative approach to blockchain development and applications. As a hard fork of Bitcoin, BTG aims to revolutionize the mining process by introducing a new proof-of-work algorithm that combats scalability issues.
Bitcoin Gold allows developers to participate in the governance and development of the blockchain freely, pushing decentralization. It has attracted institutional and enterprise investors' attention and has been actively adopted by several online browsers and service providers.
How Many Bitcoin Gold (BTG) Coins Are There in Circulation?
Bitcoin Gold has a maximum supply of 21,000,000 BTG tokens and a total supply of 17,513,924 BTG tokens. The current circulating supply is equal to the total supply.
Out of the total amount of BTG tokens, 30% went towards the development of the blockchain and the project. Another 15% were reserved for ecosystem support and development, and another 15% were distributed amongst the BTG community. About 20% of the total BTG token supply was reserved for yearly expenses. Close to 7% of BTG tokens were set aside for bounties and app collaboration, while another 5% went towards rewards for the founding team. The remaining 8% of tokens went towards covering pre-fork costs and community development.
How Is the Bitcoin Gold Network Secured?
Bitcoin Gold relies on the proof-of-work (PoW) consensus mechanism. It introduced the Equihash PoW, which favors GPUs for mining, unlike the Bitcoin blockchain.
While Bitcoin relies predominantly on ASIC miners, Bitcoin Gold places importance on the processing power miners have.
Where Can You Buy Bitcoin Gold (BTG)?
Bitcoin Gold (BTG) is available on various exchanges, including Binance, Bithumb, Huobi Global, and Bitfinex.
For more information on buying cryptocurrencies, click here.
