Ethereum Classic One Day Volume Tops $57.98 Million (ETC)

Ethereum Classic (ETC) traded 2.2% lower against the US dollar during the 24-hour period ending at 9:00 AM ET on September 1st. One Ethereum Classic coin can now be purchased for about $17.99 or 0.00031006 BTC on major cryptocurrency exchanges. During the last seven days, Ethereum Classic has traded down 11% against the US dollar. Ethereum Classic has a total market capitalization of $2.67 billion and approximately $57.98 million worth of Ethereum Classic was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 1.7% lower against the dollar and now trades at $58,010.81 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.3% against the dollar and now trades at $0.0990 or 0.00000171 BTC.
• Bitcoin Cash (BCH) traded down 1.6% against the dollar and now trades at $318.84 or 0.00549614 BTC.
• UNUS SED LEO (LEO) traded 0.8% higher against the dollar and now trades at $6.10 or 0.00010512 BTC.
• Litecoin (LTC) traded 2% lower against the dollar and now trades at $64.23 or 0.00110718 BTC.
• Monero (XMR) traded down 4% against the dollar and now trades at $164.89 or 0.00284238 BTC.
• Arweave (AR) traded 3% lower against the dollar and now trades at $21.19 or 0.00036527 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 3% lower against the dollar and now trades at $41.24 or 0.00071085 BTC.
• eCash (XEC) traded down 3.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ethereum Classic Coin Profile

Ethereum Classic (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 148,563,728 coins. The official website for Ethereum Classic is ethereumclassic.org. 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. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed 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 currently possible to buy alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to trade Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView