Ethereum Classic Price Hits $18.79 on Exchanges (ETC)

Ethereum Classic (ETC) traded 0.6% higher against the U.S. dollar during the twenty-four hour period ending at 18:00 PM E.T. on October 12th. In the last seven days, Ethereum Classic has traded 1.8% higher against the U.S. dollar. Ethereum Classic has a market cap of $2.80 billion and approximately $71.57 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can currently be bought for $18.79 or 0.00029779 BTC on major exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 1.2% higher against the dollar and now trades at $63,107.44 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.5% against the dollar and now trades at $0.11 or 0.00000177 BTC.
• Bitcoin Cash (BCH) traded up 0.2% against the dollar and now trades at $329.13 or 0.00521539 BTC.
• UNUS SED LEO (LEO) traded down 0% against the dollar and now trades at $6.08 or 0.00009641 BTC.
• Litecoin (LTC) traded up 0.8% against the dollar and now trades at $66.20 or 0.00104897 BTC.
• Monero (XMR) traded down 0.5% against the dollar and now trades at $151.39 or 0.00239890 BTC.
• Arweave (AR) traded 4.2% higher against the dollar and now trades at $19.55 or 0.00030976 BTC.
• Bitcoin SV (BSV) traded 0.3% higher against the dollar and now trades at $45.87 or 0.00072685 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded up 0% against the dollar and now trades at $0.17 or 0.00000273 BTC.

About Ethereum Classic

Ethereum Classic 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 149,112,185 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. Ethereum Classic’s official message board 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 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 currently 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 Coinbase, Changelly 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