Ethereum Classic Trading 1.7% Higher This Week (ETC)

Ethereum Classic (ETC) traded up 7.9% against the dollar during the one day period ending at 8:00 AM Eastern on February 25th. One Ethereum Classic coin can now be bought for approximately $8.76 or 0.00013234 BTC on major cryptocurrency exchanges. Ethereum Classic has a total market cap of $1.36 billion and $70.67 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. Over the last week, Ethereum Classic has traded 1.7% higher against the dollar.

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

• Arweave (AR) traded 9.2% lower against the dollar and now trades at $1.65 or 0.00002490 BTC.
• Bitcoin (BTC) traded up 5.3% against the dollar and now trades at $66,181.11 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 6.5% against the dollar and now trades at $0.0966 or 0.00000146 BTC.
• Bitcoin Cash (BCH) traded up 5.4% against the dollar and now trades at $501.61 or 0.00757935 BTC.
• UNUS SED LEO (LEO) traded up 9.1% against the dollar and now trades at $8.69 or 0.00013124 BTC.
• Monero (XMR) traded up 5.7% against the dollar and now trades at $337.69 or 0.00510256 BTC.
• Litecoin (LTC) traded up 8.7% against the dollar and now trades at $54.78 or 0.00082776 BTC.
• Zcash (ZEC) traded up 5.5% against the dollar and now trades at $245.07 or 0.00370302 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded up 9.7% against the dollar and now trades at $16.24 or 0.00024533 BTC.

Ethereum Classic Coin Profile

ETC is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its launch date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 155,672,124 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. Ethereum Classic’s official message board is ethereumclassic.org/news. Ethereum Classic’s official website is ethereumclassic.org. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed 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.”

Ethereum Classic Coin Trading

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

ETC/USD price chart by TradingView