ZClassic Trading 41.2% Lower This Week (ZCL)

ZClassic (ZCL) traded up 13.8% against the U.S. dollar during the 24 hour period ending at 11:00 AM ET on September 25th. ZClassic has a market capitalization of $6.78 million and $741.84 worth of ZClassic was traded on exchanges in the last day. Over the last week, ZClassic has traded down 41.2% against the U.S. dollar. One ZClassic coin can currently be purchased for $0.73 or 0.00000869 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded 4.2% higher against the dollar and now trades at $1,563.28 or 0.01862494 BTC.
• Horizen (ZEN) traded up 3% against the dollar and now trades at $7.55 or 0.00008992 BTC.
• Pirate Chain (ARRR) traded 10.1% higher against the dollar and now trades at $0.31 or 0.00000371 BTC.
• Bitcoin Gold (BTG) traded up 1.2% against the dollar and now trades at $0.88 or 0.00001053 BTC.
• Komodo (KMD) traded 7.7% lower against the dollar and now trades at $0.0072 or 0.00000009 BTC.

About ZClassic

ZClassic (ZCL) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was November 6th, 2016. ZClassic’s total supply is 9,287,024 coins. ZClassic’s official website is zclassic.org. The official message board for ZClassic is t.me/zclassicce_announcement. The Reddit community for ZClassic is https://reddit.com/r/zclassic and the currency’s Github account can be viewed here. ZClassic’s official Twitter account is @zclassiccoin and its Facebook page is accessible 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”

Buying and Selling ZClassic

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

ZCL/USD price chart by TradingView