Creditcoin Market Capitalization Hits $272.22 Million (CTC)

Creditcoin (CTC) traded 1.1% higher against the U.S. dollar during the 1 day period ending at 9:00 AM E.T. on March 22nd. In the last week, Creditcoin has traded 1.2% higher against the U.S. dollar. Creditcoin has a market cap of $272.22 million and approximately $16.49 million worth of Creditcoin was traded on exchanges in the last day. One Creditcoin coin can currently be bought for approximately $0.63 or 0.00000746 BTC on cryptocurrency exchanges.

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

• IOTA (MIOTA) traded 2.8% higher against the dollar and now trades at $0.18 or 0.00000216 BTC.
• Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001190 BTC.
• Electroneum (ETN) traded down 3.2% against the dollar and now trades at $0.0018 or 0.00000002 BTC.
• Verasity (VRA) traded up 1.9% against the dollar and now trades at $0.0016 or 0.00000002 BTC.
• The Transfer Token (TTT) traded 0% lower against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 4.8% higher against the dollar and now trades at $0.12 or 0.00000139 BTC.
• SOLVE (SOLVE) traded up 1.5% against the dollar and now trades at $0.0014 or 0.00000002 BTC.

Creditcoin Profile

Creditcoin (CTC) uses the hashing algorithm. Its genesis date was April 4th, 2019. Creditcoin’s total supply is 549,564,264 coins and its circulating supply is 434,416,053 coins. Creditcoin’s official Twitter account is @creditcoin and its Facebook page is accessible here. The Reddit community for Creditcoin is https://reddit.com/r/creditcoin and the currency’s Github account can be viewed here. Creditcoin’s official message board is creditcoin.org/blog. Creditcoin’s official website is creditcoin.org.

According to CryptoCompare, “Creditcoin is a decentralized credit network that aims to make the bridge between investors and fundraisers. The platform will allow miners (investors) to earn the platform tokens by providing capital to clients, on the other hand, the clients will raise capital by paying Creditcoin to the miners. As the whitepaper reads:”An investment in the Creditcoin network will start by matching offers from investors and fundraisers. A fundraiser will post seeking an amount, interest rate, and collateral. Additionally, the fundraiser will add some amount of Creditcoin to the offer. If is there an investor with matching conditions, the fundraiser and the investor announce the deal to the Creditcoin network. The system verifies the deal's completion by confirming the exchange of collateral and investment. Once validated, the system sends the CreditCoin attached to the investment to the investor.”Furthermore, miners will be able to select credit history parameters to be protected against various risk models.”

Buying and Selling Creditcoin

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

CTC/USD price chart by TradingView