Ethereum Classic Price Reaches $27.17 (ETC)

Ethereum Classic (ETC) traded up 1.3% against the US dollar during the 1-day period ending at 16:00 PM E.T. on May 4th. Ethereum Classic has a market capitalization of $3.99 billion and approximately $188.74 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can now be bought for about $27.17 or 0.00042473 BTC on cryptocurrency exchanges. Over the last week, Ethereum Classic has traded 1.1% lower against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 1.9% higher against the dollar and now trades at $63,968.02 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 14.9% against the dollar and now trades at $0.16 or 0.00000252 BTC.
• Bitcoin Cash (BCH) traded up 4.1% against the dollar and now trades at $466.34 or 0.00729025 BTC.
• Litecoin (LTC) traded up 0.9% against the dollar and now trades at $82.25 or 0.00128586 BTC.
• UNUS SED LEO (LEO) traded down 0.4% against the dollar and now trades at $5.81 or 0.00009083 BTC.
• Monero (XMR) traded 2.4% higher against the dollar and now trades at $127.18 or 0.00198824 BTC.
• Arweave (AR) traded up 2.5% against the dollar and now trades at $35.72 or 0.00055836 BTC.
• Bitcoin SV (BSV) traded up 4.5% against the dollar and now trades at $65.44 or 0.00102308 BTC.
• eCash (XEC) traded 5.5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Conflux (CFX) traded up 0.7% against the dollar and now trades at $0.23 or 0.00000355 BTC.

Ethereum Classic Coin Profile

ETC is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It was first traded on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,883,252 coins. 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. Ethereum Classic’s official message board is ethereumclassic.org/news. 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.”

Ethereum Classic Coin Trading

It is usually not 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView