Ethereum Classic (ETC) Price Hits $27.95 on Top Exchanges

Ethereum Classic (ETC) traded 3.4% higher against the dollar during the twenty-four hour period ending at 11:00 AM Eastern on January 17th. One Ethereum Classic coin can now be bought for approximately $27.95 or 0.00026693 BTC on exchanges. Ethereum Classic has a total market capitalization of $4.20 billion and $203.44 million worth of Ethereum Classic was traded on exchanges in the last day. During the last seven days, Ethereum Classic has traded 10.7% higher against the dollar.

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

• Bitcoin (BTC) traded up 5.4% against the dollar and now trades at $104,720.39 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 7.9% against the dollar and now trades at $0.41 or 0.00000395 BTC.
• Litecoin (LTC) traded up 8.1% against the dollar and now trades at $136.26 or 0.00130118 BTC.
• Bitcoin Cash (BCH) traded up 4.4% against the dollar and now trades at $485.16 or 0.00463291 BTC.
• UNUS SED LEO (LEO) traded up 1.1% against the dollar and now trades at $9.74 or 0.00009303 BTC.
• Monero (XMR) traded up 4.4% against the dollar and now trades at $226.21 or 0.00216010 BTC.
• IOTA (MIOTA) traded down 1.6% against the dollar and now trades at $0.40 or 0.00000380 BTC.
• Arweave (AR) traded 1.7% higher against the dollar and now trades at $17.77 or 0.00016970 BTC.
• Bitcoin SV (BSV) traded 2.7% higher against the dollar and now trades at $58.76 or 0.00056113 BTC.
• Zcash (ZEC) traded up 0.5% against the dollar and now trades at $54.87 or 0.00052397 BTC.

Ethereum Classic 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 150,382,636 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 message board is ethereumclassic.org/news. 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 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 GDAX, Gemini 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