Ethereum Classic (ETC) Price Down 2% This Week

Ethereum Classic (ETC) traded 0.7% higher against the U.S. dollar during the 24-hour period ending at 23:00 PM ET on September 16th. Ethereum Classic has a market capitalization of $2.65 billion and $80.32 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can now be purchased for $17.83 or 0.00030675 BTC on popular exchanges. During the last seven days, Ethereum Classic has traded 2% lower against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 0.6% against the dollar and now trades at $58,111.31 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.4% lower against the dollar and now trades at $0.0998 or 0.00000172 BTC.
• Bitcoin Cash (BCH) traded down 0.1% against the dollar and now trades at $312.98 or 0.00538586 BTC.
• UNUS SED LEO (LEO) traded 3% lower against the dollar and now trades at $5.69 or 0.00009789 BTC.
• Litecoin (LTC) traded 0.5% higher against the dollar and now trades at $63.10 or 0.00108578 BTC.
• Monero (XMR) traded 0.2% lower against the dollar and now trades at $170.75 or 0.00293836 BTC.
• Arweave (AR) traded up 1% against the dollar and now trades at $19.05 or 0.00032775 BTC.
• Bitcoin SV (BSV) traded up 1.2% against the dollar and now trades at $46.42 or 0.00079880 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Nervos Network (CKB) traded 4.9% lower against the dollar and now trades at $0.0155 or 0.00000027 BTC.

About 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 148,770,726 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. Ethereum Classic’s official website is ethereumclassic.org. Ethereum Classic’s official message board 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 purchase alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView