Ethereum Classic Trading Up 7.9% This Week (ETC)

Ethereum Classic (ETC) traded 1% higher against the dollar during the twenty-four hour period ending at 19:00 PM E.T. on May 18th. One Ethereum Classic coin can currently be bought for about $28.58 or 0.00042658 BTC on exchanges. In the last seven days, Ethereum Classic has traded up 7.9% against the dollar. Ethereum Classic has a market capitalization of $4.20 billion and approximately $203.91 million worth of Ethereum Classic was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

  • Bitcoin (BTC) traded 0.1% higher against the dollar and now trades at $66,993.64 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded down 1.7% against the dollar and now trades at $0.15 or 0.00000229 BTC.
  • Bitcoin Cash (BCH) traded up 1.9% against the dollar and now trades at $476.02 or 0.00710544 BTC.
  • Litecoin (LTC) traded 0.3% lower against the dollar and now trades at $83.86 or 0.00125181 BTC.
  • UNUS SED LEO (LEO) traded down 0.4% against the dollar and now trades at $5.89 or 0.00008789 BTC.
  • Arweave (AR) traded 1.5% lower against the dollar and now trades at $46.94 or 0.00070060 BTC.
  • Monero (XMR) traded 0.7% higher against the dollar and now trades at $135.99 or 0.00202985 BTC.
  • Bitcoin SV (BSV) traded 1.8% higher against the dollar and now trades at $66.33 or 0.00099008 BTC.
  • eCash (XEC) traded 2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Conflux (CFX) traded up 2% against the dollar and now trades at $0.23 or 0.00000340 BTC.

Ethereum Classic Coin Profile

Ethereum Classic is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It launched on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 147,118,027 coins. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. Ethereum Classic’s official message board is ethereumclassic.org/news. The official website for Ethereum Classic is ethereumclassic.org. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here.

According to CryptoCompare, “Ethereum Classic (ETC) is a decentralized, open-source blockchain platform that uses proof-of-work consensus to execute and store smart contracts and dApps. It was created in July 2016 by a group of developers and users who opposed the Ethereum Foundation’s decision to hard fork the Ethereum blockchain in response to the “DAO hack.” ETC is used for a variety of purposes, including creating dApps and issuing tokens, and has a strong focus on immutability and censorship-resistance. It is led by a team of developers and supported by a global community of users and organizations.”

Buying and Selling Ethereum Classic

It is usually not possible to buy alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to acquire Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Classic using one of the aforementioned exchanges.

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