Ethereum Classic Trading 10.4% Lower Over Last Week (ETC)

Ethereum Classic (ETC) traded 1.3% lower against the U.S. dollar during the one day period ending at 15:00 PM ET on September 1st. Ethereum Classic has a total market capitalization of $2.69 billion and $70.30 million worth of Ethereum Classic was traded on exchanges in the last day. During the last seven days, Ethereum Classic has traded down 10.4% against the U.S. dollar. One Ethereum Classic coin can now be purchased for $18.09 or 0.00030893 BTC on exchanges.

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

• Bitcoin (BTC) traded down 0.8% against the dollar and now trades at $58,560.83 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.2% against the dollar and now trades at $0.0985 or 0.00000168 BTC.
• Bitcoin Cash (BCH) traded 0.7% lower against the dollar and now trades at $320.20 or 0.00546776 BTC.
• UNUS SED LEO (LEO) traded 0.6% lower against the dollar and now trades at $6.06 or 0.00010349 BTC.
• Litecoin (LTC) traded 0.6% lower against the dollar and now trades at $64.65 or 0.00110400 BTC.
• Monero (XMR) traded down 0.4% against the dollar and now trades at $169.64 or 0.00289680 BTC.
• Arweave (AR) traded up 0.1% against the dollar and now trades at $21.48 or 0.00036686 BTC.
• Bitcoin SV (BSV) traded down 1.7% against the dollar and now trades at $41.44 or 0.00070769 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded 1.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ethereum Classic Coin Profile

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 148,566,928 coins. The official website for Ethereum Classic is ethereumclassic.org. 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. 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.”

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

ETC/USD price chart by TradingView