Ethereum Classic (ETC) Tops 1-Day Trading Volume of $270.43 Million

Ethereum Classic (ETC) traded 7.3% higher against the U.S. dollar during the one day period ending at 10:00 AM ET on December 24th. Ethereum Classic has a total market capitalization of $4.19 billion and $270.43 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can now be purchased for $27.92 or 0.00028660 BTC on exchanges. During the last seven days, Ethereum Classic has traded down 16.2% against the U.S. dollar.

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

  • Bitcoin (BTC) traded up 4.5% against the dollar and now trades at $97,418.83 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded up 8.2% against the dollar and now trades at $0.33 or 0.00000341 BTC.
  • Bitcoin Cash (BCH) traded 8.6% higher against the dollar and now trades at $473.03 or 0.00485564 BTC.
  • UNUS SED LEO (LEO) traded 0.6% higher against the dollar and now trades at $9.43 or 0.00009677 BTC.
  • Litecoin (LTC) traded 8.9% higher against the dollar and now trades at $109.24 or 0.00112132 BTC.
  • Monero (XMR) traded up 0.5% against the dollar and now trades at $190.70 or 0.00195750 BTC.
  • IOTA (MIOTA) traded up 18% against the dollar and now trades at $0.35 or 0.00000356 BTC.
  • Arweave (AR) traded up 13.1% against the dollar and now trades at $17.87 or 0.00018345 BTC.
  • Zcash (ZEC) traded 15.5% higher against the dollar and now trades at $69.87 or 0.00071717 BTC.
  • Bitcoin SV (BSV) traded 7.1% higher against the dollar and now trades at $57.25 or 0.00058765 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 150,073,264 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 Twitter account is @eth_classic and its Facebook page is accessible here. The official website for Ethereum Classic is ethereumclassic.org. 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.

Receive News & Updates for Ethereum Classic Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Ethereum Classic and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.