Ethereum Classic (ETC) Price Tops $25.69 on Top Exchanges

Ethereum Classic (ETC) traded up 2.7% against the US dollar during the 24 hour period ending at 16:00 PM ET on May 2nd. Ethereum Classic has a market cap of $3.77 billion and approximately $195.63 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can now be bought for $25.69 or 0.00043455 BTC on cryptocurrency exchanges. Over the last week, Ethereum Classic has traded 3.7% lower against the US dollar.

Here’s how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded up 2.8% against the dollar and now trades at $59,122.55 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.3% higher against the dollar and now trades at $0.13 or 0.00000224 BTC.
• Bitcoin Cash (BCH) traded 3.2% higher against the dollar and now trades at $429.36 or 0.00726218 BTC.
• Litecoin (LTC) traded 1.7% higher against the dollar and now trades at $80.35 or 0.00135911 BTC.
• UNUS SED LEO (LEO) traded 2.1% higher against the dollar and now trades at $5.94 or 0.00010051 BTC.
• Arweave (AR) traded 25.8% higher against the dollar and now trades at $35.47 or 0.00060002 BTC.
• Monero (XMR) traded 0.1% higher against the dollar and now trades at $122.45 or 0.00207115 BTC.
• Bitcoin SV (BSV) traded 2% higher against the dollar and now trades at $59.30 or 0.00100299 BTC.
• eCash (XEC) traded 4.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Conflux (CFX) traded up 4.2% against the dollar and now trades at $0.22 or 0.00000377 BTC.

About Ethereum Classic

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 146,850,803 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. Ethereum Classic’s official website is ethereumclassic.org. The official message board for Ethereum Classic 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.

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

ETC/USD price chart by TradingView