Ethereum Classic (CURRENCY:ETC) traded up 3.2% against the U.S. dollar during the one day period ending at 10:00 AM Eastern on March 16th. Ethereum Classic has a total market cap of $1.41 billion and $84.84 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can now be bought for approximately $13.96 or 0.00197425 BTC on major exchanges including bitFlyer, CoinFalcon, HitBTC and Tidebit. Over the last seven days, Ethereum Classic has traded 2.2% higher against the U.S. dollar.
Here is how other cryptocurrencies have performed over the last day:
- Ethereum (ETH) traded up 4.9% against the dollar and now trades at $400.57 or 0.05666560 BTC.
- Waltonchain (WTC) traded up 3.7% against the dollar and now trades at $8.92 or 0.00126243 BTC.
- Metaverse ETP (ETP) traded 1.7% higher against the dollar and now trades at $0.62 or 0.00008823 BTC.
- Bowhead (AHT) traded 0.2% lower against the dollar and now trades at $0.29 or 0.00004128 BTC.
- WhaleCoin (WHL) traded down 1.6% against the dollar and now trades at $0.0464 or 0.00000657 BTC.
- DaxxCoin (DAXX) traded 2.7% higher against the dollar and now trades at $0.0006 or 0.00000008 BTC.
About Ethereum Classic
Ethereum Classic is a proof-of-work (PoW) coin that uses the Ethash hashing algorithm. It was first traded on July 30th, 2015. Ethereum Classic’s total supply is 101,040,118 coins. The official message board for Ethereum Classic is forum.ethereum.org. The Reddit community for Ethereum Classic is /r/EthereumClassic and the currency’s Github account can be viewed here. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The official website for Ethereum Classic is www.ethereum.org.
According to CryptoCompare, “Ethereum Classic is an attempt at keeping the Ethereum blockchain unaltered by the part of the community that opposed the hard fork and the return of The DAO funds. It started trading on Poloniex and is getting more and more traction. The Ethereum Classic mission statement is: “We believe in decentralized, censorship-resistant, permissionless blockchains. We believe in the original vision of Ethereum as a world computer you can’t shut down, running irreversible smart contracts. We believe in a strong separation of concerns, where system forks are only possible in order to correct actual platform bugs, not to bail out failed contracts and special interests. We believe in censorship-resistant platform that can be actually trusted – by anyone.” Our block explorer data: total coins supply, total network hash rate, last block number and total difficulty are freely provided by https://gastracker.io/ In 2017, the Die Hard fork was implemented in ETC, removing the Ethereum difficulty bomb. Currently, there are no plans to move to Proof of Stake like Ethereum, although developers at the IOHK institute are developing a new PoS protocol for Ethereum Classic.”
Buying and Selling Ethereum Classic
Ethereum Classic can be bought or sold on the following cryptocurrency exchanges: Bitcoin Indonesia, Gemini, HitBTC, CoolCoin, Bibox, Quoine, EtherDelta, BTC Markets, Upbit, Coinrail, QuadrigaCX, Poloniex, ACX, Gatehub, BitBay, Liqui, Korbit, BitGrail, Livecoin, CoinExchange, Bitfinex, Coinbene, Bitstamp, Coinut, BX Thailand, Bancor Network, Bitso, EXX, Qryptos, Kucoin, Binance, Koinex, Coinnest, Independent Reserve, Cryptopia, BigONE, Cobinhood, Coinone, Allcoin, Gate.io, DSX, Bit-Z, GDAX, Mr. Exchange, WEX, Exmo, Mercatox, Gatecoin, CEX.IO, ChaoEX, CoinEgg, Bitbank, YoBit, Tidebit, Lbank, Bittrex, TOPBTC, BTCTurk, Huobi, Coinsquare, Tidex, bitFlyer, xBTCe, BtcTrade.im, Koineks, CoinFalcon, RightBTC, Kraken, Bitinka, OKEx, Bithumb, ZB.COM, COSS and GOPAX. It is not currently possible to purchase Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic must first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the exchanges listed above.
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