Ethereum Classic Reaches 1-Day Trading Volume of $643.36 Million (ETC)

Ethereum Classic (ETC) traded down 3.1% against the dollar during the twenty-four hour period ending at 19:00 PM E.T. on May 24th. Over the last seven days, Ethereum Classic has traded up 12% against the dollar. Ethereum Classic has a market capitalization of $4.66 billion and $643.36 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can now be bought for about $31.67 or 0.00046028 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Bitcoin (BTC) traded 1.2% higher against the dollar and now trades at $68,815.42 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded up 2.5% against the dollar and now trades at $0.16 or 0.00000237 BTC.
  • Bitcoin Cash (BCH) traded up 1.4% against the dollar and now trades at $497.35 or 0.00722734 BTC.
  • Litecoin (LTC) traded 0.1% higher against the dollar and now trades at $84.92 or 0.00123404 BTC.
  • UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $5.99 or 0.00008709 BTC.
  • Arweave (AR) traded 1.5% lower against the dollar and now trades at $40.63 or 0.00059043 BTC.
  • Monero (XMR) traded up 1.6% against the dollar and now trades at $142.14 or 0.00206546 BTC.
  • Bitcoin SV (BSV) traded 2.3% lower against the dollar and now trades at $62.83 or 0.00091303 BTC.
  • eCash (XEC) traded up 0.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Conflux (CFX) traded down 2.8% against the dollar and now trades at $0.22 or 0.00000321 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 147,218,070 coins. The official message board for Ethereum Classic is ethereumclassic.org/news. 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.

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 buy alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to acquire Ethereum Classic should first buy 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 buy Ethereum Classic using one of the aforementioned exchanges.

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