Creditcoin Reaches Market Cap of $126.96 Million (CTC)

Creditcoin (CTC) traded down 0.1% against the dollar during the twenty-four hour period ending at 7:00 AM ET on December 27th. During the last seven days, Creditcoin has traded down 6.9% against the dollar. One Creditcoin coin can currently be purchased for approximately $0.25 or 0.00000284 BTC on popular exchanges. Creditcoin has a market capitalization of $126.96 million and $4.05 million worth of Creditcoin was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• IOTA (MIOTA) traded up 1.5% against the dollar and now trades at $0.0854 or 0.00000098 BTC.
• Pax Dollar (USDP) traded 0% higher against the dollar and now trades at $1.00 or 0.00001143 BTC.
• Electroneum (ETN) traded down 7.1% against the dollar and now trades at $0.0012 or 0.00000001 BTC.
• Verasity (VRA) traded 1.9% higher against the dollar and now trades at $0.0002 or 0.00000000 BTC.
• The Transfer Token (TTT) traded down 18.6% against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Meter Governance (MTRG) traded down 0.6% against the dollar and now trades at $0.0342 or 0.00000039 BTC.

Creditcoin Coin Profile

CTC uses the hashing algorithm. Its launch date was April 4th, 2019. Creditcoin’s total supply is 549,564,264 coins and its circulating supply is 510,507,831 coins. The official website for Creditcoin is creditcoin.org. Creditcoin’s official Twitter account is @creditcoin and its Facebook page is accessible here. The Reddit community for Creditcoin is https://reddit.com/r/creditcoin and the currency’s Github account can be viewed here. Creditcoin’s official message board is creditcoin.org/blog.

According to CryptoCompare, “Creditcoin is a decentralized credit network that aims to make the bridge between investors and fundraisers. The platform will allow miners (investors) to earn the platform tokens by providing capital to clients, on the other hand, the clients will raise capital by paying Creditcoin to the miners. As the whitepaper reads:”An investment in the Creditcoin network will start by matching offers from investors and fundraisers. A fundraiser will post seeking an amount, interest rate, and collateral. Additionally, the fundraiser will add some amount of Creditcoin to the offer. If is there an investor with matching conditions, the fundraiser and the investor announce the deal to the Creditcoin network. The system verifies the deal's completion by confirming the exchange of collateral and investment. Once validated, the system sends the CreditCoin attached to the investment to the investor.”Furthermore, miners will be able to select credit history parameters to be protected against various risk models.”

Creditcoin Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Creditcoin directly using U.S. dollars. Investors seeking to acquire Creditcoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Creditcoin using one of the aforementioned exchanges.

CTC/USD price chart by TradingView