Ethereum Classic Price Hits $18.36 on Major Exchanges (ETC)

Ethereum Classic (ETC) traded 1.2% higher against the dollar during the 1 day period ending at 23:00 PM Eastern on August 6th. In the last week, Ethereum Classic has traded 17.8% lower against the dollar. Ethereum Classic has a total market cap of $2.72 billion and approximately $161.21 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can currently be bought for about $18.36 or 0.00032381 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded up 1.7% against the dollar and now trades at $56,689.17 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.7% lower against the dollar and now trades at $0.0982 or 0.00000173 BTC.
• Bitcoin Cash (BCH) traded 0.1% lower against the dollar and now trades at $320.94 or 0.00566139 BTC.
• UNUS SED LEO (LEO) traded up 1% against the dollar and now trades at $5.74 or 0.00010120 BTC.
• Litecoin (LTC) traded up 1.9% against the dollar and now trades at $59.00 or 0.00104073 BTC.
• Monero (XMR) traded up 1.3% against the dollar and now trades at $150.33 or 0.00265177 BTC.
• Arweave (AR) traded 2.7% higher against the dollar and now trades at $21.01 or 0.00037058 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 1.7% higher against the dollar and now trades at $38.10 or 0.00067207 BTC.
• eCash (XEC) traded up 3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ethereum Classic Profile

Ethereum Classic (CRYPTO:ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its launch date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 148,227,231 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. The official website for Ethereum Classic is ethereumclassic.org. The official message board for Ethereum Classic is ethereumclassic.org/news.

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 buy alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. 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