Creditcoin One Day Trading Volume Hits $900.14 Thousand (CTC)

Creditcoin (CTC) traded 1.2% lower against the dollar during the 24 hour period ending at 7:00 AM Eastern on August 16th. Creditcoin has a total market capitalization of $35.90 million and approximately $900.14 thousand worth of Creditcoin was traded on exchanges in the last day. One Creditcoin coin can now be bought for $0.0653 or 0.00000104 BTC on major exchanges. Over the last seven days, Creditcoin has traded 6.8% lower against the dollar.

Here is how other cryptocurrencies have performed over the last day:

• IOTA (MIOTA) traded down 2.7% against the dollar and now trades at $0.0319 or 0.00000051 BTC.
• Pax Dollar (USDP) traded 0% lower against the dollar and now trades at $1.00 or 0.00001588 BTC.
• Electroneum (ETN) traded 3.6% higher against the dollar and now trades at $0.0007 or 0.00000001 BTC.
• The Transfer Token (TTT) traded down 18.6% against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Verasity (VRA) traded up 30.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Meter Governance (MTRG) traded 0.1% lower against the dollar and now trades at $0.0131 or 0.00000021 BTC.

Creditcoin Coin Profile

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

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. Telegram, Discord, Reddit, MediumWhitepaper”

Creditcoin Coin Trading

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

CTC/USD price chart by TradingView