Ethereum Classic Trading 3.4% Lower Over Last 7 Days (ETC)

Ethereum Classic (ETC) traded down 2.1% against the US dollar during the 1-day period ending at 19:00 PM Eastern on November 3rd. Ethereum Classic has a market cap of $2.65 billion and $106.21 million worth of Ethereum Classic was traded on exchanges in the last day. During the last seven days, Ethereum Classic has traded down 3.4% against the US dollar. One Ethereum Classic coin can now be purchased for approximately $17.77 or 0.00025931 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 1.1% lower against the dollar and now trades at $68,511.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.9% lower against the dollar and now trades at $0.15 or 0.00000218 BTC.
• Bitcoin Cash (BCH) traded down 4.3% against the dollar and now trades at $338.27 or 0.00493743 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $6.05 or 0.00008826 BTC.
• Litecoin (LTC) traded 3.7% lower against the dollar and now trades at $66.66 or 0.00097298 BTC.
• Monero (XMR) traded up 1% against the dollar and now trades at $156.72 or 0.00228750 BTC.
• Bitcoin SV (BSV) traded down 4.4% against the dollar and now trades at $46.84 or 0.00068372 BTC.
• Arweave (AR) traded down 5.1% against the dollar and now trades at $13.75 or 0.00020074 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded 4.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ethereum Classic Profile

Ethereum Classic (CRYPTO:ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 149,404,707 coins. 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. Ethereum Classic’s official message board is ethereumclassic.org/news. The official website for Ethereum Classic is ethereumclassic.org.

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 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 Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView