As part of the Bitcoin blockchain, Bitcoin Gold trading began in October 2017. The cryptocurrency was created by Bitcoin co-founder, Jack Liao.

Bitcoin Gold has a maximum supply of 21,000,000 BTG tokens and a total supply of 17,513,924 BTG tokens within the Bitcoin ecosystem. The current circulating supply is equal to the total supply.

The best place to buy and trade BTG is on a crypto exchange like [Cointree](https://www.cointree.com/). With our secure website, we make it easy to buy and sell bitcoin gold in Australian dollars.. All you need to do is sign up to our exchange, go through the ID verification steps to confirm your personal details, deposit funds and you'll be ready to make your first purchase. Our exchange offers an expert customer service team to help you trade cryptocurrency, low trading fees from fiat currencies, and multiple payment options so that you can buy and sell Bitcoin Gold with ease. You can deposit AUD and make your first purchase in minutes.

We prioritise security to make sure your Bitcoin Gold (BTG) is safe and secure. When you trade with Cointree, you are given a free wallet to store your bitcoin. You can also store bitcoin in an external wallet. All you need to do is send your bitcoin from your Cointree wallet to a hardware version such as a Ledger or Trezor. As cryptocurrency security and safekeeping is the user's responsibility, make you use the [best bitcoin wallet](https://www.cointree.com/learn/best-bitcoin-wallet-australia/) possible.

As a Bitcoin hard fork, Bitcoin Gold relies on the proof-of-work (PoW) consensus mechanism. BTG was created with the goal of revolutionising the mining process by introducing the Equihash PoW, which favours GPUs for mining, unlike the Bitcoin blockchain. Unlike other blockchains, which rely on the proof-of-stake (PoS) mechanisms favouring stakeholders, Bitcoin Gold places importance on the processing power miners have.