Creditcoin (CTC) 24 Hour Volume Hits $20.84 Million

Creditcoin (CTC) traded 0.5% lower against the U.S. dollar during the twenty-four hour period ending at 11:00 AM ET on April 15th. One Creditcoin coin can now be bought for about $0.57 or 0.00000671 BTC on popular exchanges. Over the last week, Creditcoin has traded up 8.8% against the U.S. dollar. Creditcoin has a total market cap of $257.06 million and approximately $20.84 million worth of Creditcoin was traded on exchanges in the last day.

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

  • IOTA (MIOTA) traded 2.5% lower against the dollar and now trades at $0.16 or 0.00000191 BTC.
  • Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001173 BTC.
  • Electroneum (ETN) traded down 2% against the dollar and now trades at $0.0016 or 0.00000002 BTC.
  • Verasity (VRA) traded up 1.4% against the dollar and now trades at $0.0013 or 0.00000002 BTC.
  • The Transfer Token (TTT) traded 18.6% lower against the dollar and now trades at $0.0030 or 0.00000003 BTC.
  • Meter Governance (MTRG) traded 1.6% lower against the dollar and now trades at $0.0786 or 0.00000092 BTC.
  • SOLVE (SOLVE) traded down 12.8% against the dollar and now trades at $0.0002 or 0.00000000 BTC.

Creditcoin Profile

Creditcoin (CTC) uses the hashing algorithm. Its launch date was April 4th, 2019. Creditcoin’s total supply is 549,564,264 coins and its circulating supply is 449,416,053 coins. Creditcoin’s official Twitter account is @creditcoin and its Facebook page is accessible here. The Reddit community for Creditcoin is https://reddit.com/r/creditcoin and the currency’s Github account can be viewed here. The official message board for Creditcoin is creditcoin.org/blog. Creditcoin’s official website is creditcoin.org.

According to CryptoCompare, “Creditcoin is a decentralized credit network that aims to make the bridge between investors and fundraisers. The platform will allow miners (investors) to earn the platform tokens by providing capital to clients, on the other hand, the clients will raise capital by paying Creditcoin to the miners. As the whitepaper reads:”An investment in the Creditcoin network will start by matching offers from investors and fundraisers. A fundraiser will post seeking an amount, interest rate, and collateral. Additionally, the fundraiser will add some amount of Creditcoin to the offer. If is there an investor with matching conditions, the fundraiser and the investor announce the deal to the Creditcoin network. The system verifies the deal's completion by confirming the exchange of collateral and investment. Once validated, the system sends the CreditCoin attached to the investment to the investor.”Furthermore, miners will be able to select credit history parameters to be protected against various risk models.”

Buying and Selling Creditcoin

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

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