Ethereum Classic (ETC) Trading Up 16.7% Over Last 7 Days

Ethereum Classic (ETC) traded 5.6% higher against the U.S. dollar during the one day period ending at 21:00 PM ET on March 29th. Ethereum Classic has a total market capitalization of $5.02 billion and $464.42 million worth of Ethereum Classic was traded on exchanges in the last day. During the last seven days, Ethereum Classic has traded up 16.7% against the U.S. dollar. One Ethereum Classic coin can now be purchased for $34.30 or 0.00049000 BTC on exchanges.

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

• Bitcoin (BTC) traded down 1% against the dollar and now trades at $70,073.44 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 5.2% against the dollar and now trades at $0.21 or 0.00000303 BTC.
• Bitcoin Cash (BCH) traded 9.4% higher against the dollar and now trades at $622.43 or 0.00889163 BTC.
• Litecoin (LTC) traded 13.8% higher against the dollar and now trades at $107.32 or 0.00153312 BTC.
• UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $6.09 or 0.00008696 BTC.
• Arweave (AR) traded down 5.9% against the dollar and now trades at $39.43 or 0.00056328 BTC.
• Monero (XMR) traded down 1.8% against the dollar and now trades at $133.17 or 0.00190244 BTC.
• Bitcoin SV (BSV) traded up 3.4% against the dollar and now trades at $97.40 or 0.00139137 BTC.
• Conflux (CFX) traded 0.7% lower against the dollar and now trades at $0.48 or 0.00000689 BTC.
• eCash (XEC) traded 3.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Ethereum Classic Coin Profile

ETC is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its launch date was July 23rd, 2016. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,287,101 coins. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. The official message board for Ethereum Classic is forum.ethereumclassic.org. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The official website for Ethereum Classic is ethereumclassic.org.

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 purchase alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic 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 Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView