ZClassic Price Reaches $0.16 on Major Exchanges (ZCL)

ZClassic (ZCL) traded up 1.3% against the dollar during the 1-day period ending at 12:00 PM Eastern on May 20th. One ZClassic coin can now be purchased for approximately $0.16 or 0.00000211 BTC on exchanges. In the last seven days, ZClassic has traded down 1.8% against the dollar. ZClassic has a market capitalization of $1.52 million and $741.84 worth of ZClassic was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded 11.6% higher against the dollar and now trades at $626.17 or 0.00810236 BTC.
• Horizen (ZEN) traded up 8.3% against the dollar and now trades at $6.46 or 0.00008361 BTC.
• Pirate Chain (ARRR) traded 11.3% higher against the dollar and now trades at $0.25 or 0.00000325 BTC.
• Komodo (KMD) traded down 1.5% against the dollar and now trades at $0.0740 or 0.00000095 BTC.
• Bitcoin Gold (BTG) traded 8.5% lower against the dollar and now trades at $0.32 or 0.00000414 BTC.

About ZClassic

ZCL is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on November 6th, 2016. ZClassic’s total supply is 9,287,024 coins. ZClassic’s official message board is t.me/zclassicce_announcement. The official website for ZClassic is zclassic.org. ZClassic’s official Twitter account is @zclassiccoin and its Facebook page is accessible here. 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”

ZClassic Coin Trading

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

ZCL/USD price chart by TradingView