Ethereum Classic Trading Down 1.3% This Week (ETC)

Ethereum Classic (ETC) traded up 5.1% against the US dollar during the one day period ending at 0:00 AM ET on October 28th. One Ethereum Classic coin can now be bought for $19.17 or 0.00027036 BTC on major exchanges. During the last seven days, Ethereum Classic has traded 1.3% lower against the US dollar. Ethereum Classic has a market cap of $2.86 billion and $112.40 million worth of Ethereum Classic was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 4.8% higher against the dollar and now trades at $70,902.72 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 16.3% against the dollar and now trades at $0.17 or 0.00000235 BTC.
• Bitcoin Cash (BCH) traded 8.3% higher against the dollar and now trades at $376.32 or 0.00530759 BTC.
• UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $6.05 or 0.00008535 BTC.
• Litecoin (LTC) traded 2.1% higher against the dollar and now trades at $72.04 or 0.00101608 BTC.
• Monero (XMR) traded up 0.1% against the dollar and now trades at $163.74 or 0.00230937 BTC.
• Arweave (AR) traded 4.8% higher against the dollar and now trades at $16.47 or 0.00023224 BTC.
• Bitcoin SV (BSV) traded 13.9% higher against the dollar and now trades at $51.81 or 0.00073066 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded 8.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ethereum Classic Coin Profile

Ethereum Classic (CRYPTO:ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 149,327,743 coins. 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 Twitter account is @eth_classic and its Facebook page is accessible here. The official message board for Ethereum Classic 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.”

Ethereum Classic Coin Trading

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

ETC/USD price chart by TradingView