Ethereum Classic Trading 8% Higher This Week (ETC)

Ethereum Classic (ETC) traded 1.2% higher against the U.S. dollar during the 1-day period ending at 18:00 PM E.T. on October 20th. Ethereum Classic has a total market capitalization of $2.99 billion and $92.09 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. During the last seven days, Ethereum Classic has traded 8% higher against the U.S. dollar. One Ethereum Classic coin can currently be bought for about $20.03 or 0.00029040 BTC on exchanges.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $68,974.95 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.2% higher against the dollar and now trades at $0.14 or 0.00000205 BTC.
• Bitcoin Cash (BCH) traded 0.6% higher against the dollar and now trades at $365.90 or 0.00530486 BTC.
• UNUS SED LEO (LEO) traded 0.5% lower against the dollar and now trades at $6.08 or 0.00008812 BTC.
• Litecoin (LTC) traded 1.4% lower against the dollar and now trades at $74.00 or 0.00107292 BTC.
• Monero (XMR) traded 1.3% higher against the dollar and now trades at $162.73 or 0.00235926 BTC.
• Arweave (AR) traded 3.9% higher against the dollar and now trades at $19.50 or 0.00028277 BTC.
• Bitcoin SV (BSV) traded 1.2% higher against the dollar and now trades at $50.83 or 0.00073692 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded up 3.6% against the dollar and now trades at $0.17 or 0.00000243 BTC.

Ethereum Classic Profile

Ethereum Classic (CRYPTO: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 149,218,773 coins. The official message board for Ethereum Classic is ethereumclassic.org/news. 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 Twitter account is @eth_classic and its Facebook page is accessible here. The official website for Ethereum Classic is ethereumclassic.org.

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 U.S. dollars. Investors seeking to trade Ethereum Classic should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView