Ethereum Classic (ETC) Price Reaches $18.80 on Exchanges

Ethereum Classic (ETC) traded 3.1% higher against the US dollar during the 24-hour period ending at 14:00 PM ET on October 24th. Ethereum Classic has a total market cap of $2.81 billion and $87.40 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can now be purchased for $18.80 or 0.00027761 BTC on major exchanges. During the last week, Ethereum Classic has traded down 0.2% against the US dollar.

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

• Bitcoin (BTC) traded up 2.9% against the dollar and now trades at $67,717.79 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 5.1% against the dollar and now trades at $0.14 or 0.00000207 BTC.
• Bitcoin Cash (BCH) traded up 5.9% against the dollar and now trades at $359.75 or 0.00531265 BTC.
• UNUS SED LEO (LEO) traded 0.8% higher against the dollar and now trades at $6.12 or 0.00009032 BTC.
• Litecoin (LTC) traded up 4.5% against the dollar and now trades at $71.12 or 0.00105030 BTC.
• Monero (XMR) traded up 0.4% against the dollar and now trades at $155.80 or 0.00230087 BTC.
• Arweave (AR) traded 4.9% higher against the dollar and now trades at $18.20 or 0.00026882 BTC.
• Bitcoin SV (BSV) traded 4.1% higher against the dollar and now trades at $47.83 or 0.00070634 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded 5.1% higher against the dollar and now trades at $0.15 or 0.00000227 BTC.

Ethereum Classic Coin Profile

Ethereum Classic 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 149,269,578 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. The official message board for Ethereum Classic is ethereumclassic.org/news. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here.

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 currently possible to buy alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to acquire Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. 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