Ethereum Classic Price Hits $27.12 on Exchanges (ETC)

Ethereum Classic (ETC) traded up 0.2% against the U.S. dollar during the twenty-four hour period ending at 20:00 PM Eastern on May 8th. During the last week, Ethereum Classic has traded up 7.1% against the U.S. dollar. One Ethereum Classic coin can currently be purchased for $27.12 or 0.00044210 BTC on popular cryptocurrency exchanges. Ethereum Classic has a market cap of $3.99 billion and $387.94 million worth of Ethereum Classic was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded down 1.8% against the dollar and now trades at $61,343.41 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4% lower against the dollar and now trades at $0.14 or 0.00000235 BTC.
• Bitcoin Cash (BCH) traded down 4% against the dollar and now trades at $449.56 or 0.00732860 BTC.
• Litecoin (LTC) traded 1.5% higher against the dollar and now trades at $81.79 or 0.00133335 BTC.
• UNUS SED LEO (LEO) traded up 1.4% against the dollar and now trades at $5.93 or 0.00009669 BTC.
• Arweave (AR) traded down 1% against the dollar and now trades at $37.90 or 0.00061790 BTC.
• Monero (XMR) traded up 3.6% against the dollar and now trades at $132.19 or 0.00215500 BTC.
• Bitcoin SV (BSV) traded 1.8% lower against the dollar and now trades at $62.15 or 0.00101310 BTC.
• eCash (XEC) traded 2.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Conflux (CFX) traded down 0.2% against the dollar and now trades at $0.21 or 0.00000342 BTC.

Ethereum Classic Coin Profile

Ethereum Classic (CRYPTO:ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It was first traded on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,952,469 coins. Ethereum Classic’s official website 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 presently 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 Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView