Ethereum Classic Price Reaches $18.27 on Exchanges (ETC)

Ethereum Classic (ETC) traded 7.4% lower against the U.S. dollar during the one day period ending at 21:00 PM E.T. on August 4th. Ethereum Classic has a total market cap of $2.71 billion and approximately $158.97 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. In the last seven days, Ethereum Classic has traded down 20.1% against the U.S. dollar. One Ethereum Classic coin can currently be bought for about $18.27 or 0.00032571 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded down 8.2% against the dollar and now trades at $55,730.87 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 9.5% lower against the dollar and now trades at $0.0982 or 0.00000175 BTC.
• Bitcoin Cash (BCH) traded 11.2% lower against the dollar and now trades at $325.42 or 0.00580116 BTC.
• UNUS SED LEO (LEO) traded 0.4% lower against the dollar and now trades at $5.64 or 0.00010058 BTC.
• Litecoin (LTC) traded 8.2% lower against the dollar and now trades at $59.55 or 0.00106161 BTC.
• Monero (XMR) traded 3% lower against the dollar and now trades at $145.88 or 0.00260054 BTC.
• Arweave (AR) traded down 10.6% against the dollar and now trades at $20.50 or 0.00036546 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 10.9% lower against the dollar and now trades at $38.23 or 0.00068146 BTC.
• eCash (XEC) traded down 13.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ethereum Classic Coin Profile

Ethereum Classic (ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It launched on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 148,199,139 coins. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. 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. Ethereum Classic’s official website 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 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 Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView