ZClassic Price Hits $0.16 on Top Exchanges (ZCL)

ZClassic (ZCL) traded up 8.9% against the U.S. dollar during the 1-day period ending at 11:00 AM Eastern on July 23rd. One ZClassic coin can now be purchased for approximately $0.16 or 0.00000254 BTC on exchanges. Over the last week, ZClassic has traded up 0.4% against the U.S. dollar. ZClassic has a market cap of $1.53 million and $741.84 worth of ZClassic was traded on exchanges in the last 24 hours.

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

• Zcash (ZEC) traded 0.4% lower against the dollar and now trades at $513.87 or 0.00792461 BTC.
• Horizen (ZEN) traded down 2.1% against the dollar and now trades at $4.09 or 0.00006315 BTC.
• Pirate Chain (ARRR) traded 2.4% lower against the dollar and now trades at $0.22 or 0.00000336 BTC.
• Bitcoin Gold (BTG) traded down 26.6% against the dollar and now trades at $0.22 or 0.00000339 BTC.
• Komodo (KMD) traded 3.9% lower against the dollar and now trades at $0.0079 or 0.00000012 BTC.

ZClassic Profile

ZClassic is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on November 6th, 2016. ZClassic’s total supply is 9,287,024 coins. ZClassic’s official website is zclassic.org. The Reddit community for ZClassic is https://reddit.com/r/zclassic and the currency’s Github account can be viewed here. ZClassic’s official Twitter account is @zclassiccoin and its Facebook page is accessible here. The official message board for ZClassic is t.me/zclassicce_announcement.

According to CryptoCompare, “ZClassic is a cryptocurrency forked from Zcash. It has the exact same features as ZEC, including its private transactions protected by zero knowledge proofs and its Equihash Proof of Stake mining, but with no founder’s reward. This founder’s reward is currently deducted from mined zcash blocks (20% of all block rewards during the first four years of mining which will amount to 10% of the total zcash supply). By removing this founder’s reward ZClassic wants to make mining fair for everyone involved. Block explorer data from https://classic.zcha.in/Telegram, Discord, BitcoinTalk, RedditWhitepaper”

Buying and Selling ZClassic

It is usually not presently possible to purchase alternative cryptocurrencies such as ZClassic directly using US dollars. Investors seeking to trade ZClassic should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase ZClassic using one of the aforementioned exchanges.

ZCL/USD price chart by TradingView