ZClassic (ZCL) Price Hits $0.18 on Exchanges

ZClassic (ZCL) traded down 18.9% against the U.S. dollar during the 24-hour period ending at 11:00 AM Eastern on August 16th. During the last seven days, ZClassic has traded 3.2% lower against the U.S. dollar. One ZClassic coin can now be bought for about $0.18 or 0.00000283 BTC on major cryptocurrency exchanges. ZClassic has a market capitalization of $1.65 million and $741.84 worth of ZClassic was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded 1% higher against the dollar and now trades at $493.58 or 0.00782846 BTC.
• Horizen (ZEN) traded up 0.2% against the dollar and now trades at $4.01 or 0.00006361 BTC.
• Pirate Chain (ARRR) traded down 6.2% against the dollar and now trades at $0.20 or 0.00000315 BTC.
• Bitcoin Gold (BTG) traded 0.1% higher against the dollar and now trades at $0.39 or 0.00000623 BTC.
• Komodo (KMD) traded down 2.8% against the dollar and now trades at $0.0057 or 0.00000009 BTC.

ZClassic Coin Profile

ZClassic (CRYPTO:ZCL) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on November 6th, 2016. ZClassic’s total supply is 9,287,024 coins. ZClassic’s official Twitter account is @zclassiccoin and its Facebook page is accessible here. ZClassic’s official website is zclassic.org. ZClassic’s official message board is t.me/zclassicce_announcement. The Reddit community for ZClassic is https://reddit.com/r/zclassic and the currency’s Github account can be viewed here.

According to CryptoCompare, “ZClassic is a cryptocurrency forked from Zcash. It has the exact same features as ZEC, including its private transactions protected by zero knowledge proofs and its Equihash Proof of Stake mining, but with no founder’s reward. This founder’s reward is currently deducted from mined zcash blocks (20% of all block rewards during the first four years of mining which will amount to 10% of the total zcash supply). By removing this founder’s reward ZClassic wants to make mining fair for everyone involved. Block explorer data from https://classic.zcha.in/Telegram, Discord, BitcoinTalk, RedditWhitepaper”

Buying and Selling ZClassic

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

ZCL/USD price chart by TradingView