Ethereum Classic price today, ETC to USD live, marketcap and chart

The closer the bar is to 100%, the closer ETC is to reaching its ATH again.

If an investor or a trader owns coins such as Ethereum or Bitcoin, they can go to Binance and swap these coins for ETC. With Recurring Buy, you can schedule daily, weekly, monthly, or semi-monthly cryptocurrency purchases. Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website. Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page. Ethereum Classic is a highly volatile asset capable of major price swings in a single day.

How much Ethereum Classic should I buy?

You can also check the Ethereum Classic stock price and convert ETC to CAD on the platform. Verifying your identity helps us to properly connect your funds to your account. Since launch, however, changes in tokenomics have occurred, with participants voting to cap the supply of ETC in December 2017. The maximum supply is thus 210,700,000 ETC, roughly ten times that of Bitcoin (BTC), while ETH has no cap. ETC began in a very similar technical state to ETH, with the exception of how the DAO hack transactions were handled.

It has a circulating supply of 141,227,132 ETC coins and a max. Whether you’re an experienced trader or this is your first purchase, Kriptomat makes the buying process simple with a choice of payment methods. Skrill and Neteller both offer yet another alternative payment method for purchasing Ethereum Classic.

Why Is KuCoin the Best Platform to Buy Ethereum Classic (ETC)?

There are pivotal differences between buying a cryptocurrency and trading a CFD in a crypto market. When buying cryptocurrency, it is stored in a wallet, but when trading CFDs the product is stored in your account, which is regulated by a financial authority. You are more liquid when you purchase CFDs because you are not tied to the asset, you have merely purchased the underlying contract.

You can wire funds from a bank account, which will be free of charge but take a few business days to process. Another option would be to use a credit card, which comes with higher costs though. If you want to buy Ethereum Classic, one of the best ways to do so is with fiat money, meaning with a credit or debit card. When you buy cryptocurrency with fiat money, the process is going to be much faster and – more importantly – simpler than doing so with another cryptocurrency. You don’t need to already own crypto, the buying process is very easy, it usually requires minimal KYC verification.

Easy to use, Customer-focused Platform

Ethereum Classic (ETC) is one of the oldest and largest cryptocurrencies by market cap and enjoys considerable attention from investors. Based on its past performance, it is an exciting crypto asset to trade if you wish to diversify your portfolio. Easily buy ETC with your VISA, MasterCard, or ApplePay credit card on OKX. Create an account and verify your identity to set up your account. Select ETC as the asset you wish to purchase and select the desired payment method to confirm your transaction. On OKX, you can buy cryptocurrencies like ETC tokens directly with your local currency.

The self-executing smart contract contains the agreement between the buyer and the seller which is written in lines of code. Therefore, a central authority is not required to externally monitor or censor the execution of the contract. Moreover, the platform allows Turing Complete programs, which means developers and programmers can develop automated and conditional outcome supervised apps. As we have established, Ethereum Classic is a decentralized smart contract running platform. Simply put, third-party involvement such as a lawyer is redundant while enforcing contracts. The easiest way to buy ETC is by placing an ‚instant buy‘ order to purchase it for a fixed price but not all crypto exchanges offer this feature.

What are the best ways to buy Ethereum Classic?

Cryptocurrency exchanges or online wallets are far from immune to the dangers of cybertheft. The infamous case of the Mt Gox Bitcoin exchange highlights this. Historically, Mt Gox was the largest global exchange for Bitcoin, until it declared bankruptcy in 2014 after its security had been compromised. Alternatively, they can trade a contract for difference (CFD) on Ethereum Classic crypto, and speculate on its price difference.

• Ethereum Classic is the unforked version of the original Ethereum blockchain, which still contains the stolen funds.
• We have a wide range of payment methods available, including VISA, MasterCard, or ApplePay credit cards.
• Frankly, the best way to buy Ethereum Classic (ETC) or any other cryptocurrency (altcoin) is to find a reliable and reputable exchange, and then purchase the crypto of your choice.
• Smart contracts are written using Solidity, a programming language created specifically to write smart contracts on the Ethereum Classic blockchain.

Ethereum Classic refers to an independent blockchain network which uses the deployment of smart contracts to enforce contracts without the use of a third party facilitating the transaction. The Ethereum Classic network is the older of two networks – ETH Classic and Ethereum. ETH, the native digital asset of Ethereum, is the second-largest cryptocurrency by market cap among digital assets. The ETH price is also far higher than the Ethereum Classic price, while ETC enjoys a market cap that ranks it as the 28th largest crypto in the market as of June 2022.

How to Buy Other Crypto Assets

Products like the Nano Ledger X will help cryptos such as Bitcoin become adopted the broader society. USA residents can trade over 150+ digital assets, international residents including Australia, Singapore, and UK can trade over 350+ digital assets. Ethereum Classic originated as a result of Ethereum’s hard fork and its cryptocurrency is ETC, instead of ETH. After the theft of $50 million worth of Ether from the original Ethereum blockchain, a hard fork was aimed to return the stolen Ether to their owners. Start buying Ethereum Classic and over 2,500 other digital assets.

Part of the community disagreed and wanted to keep the original blockchain because of the untouchable structure of the protocol, suggested in the white paper. Even though both Ethereum Classic and Ethereum target the same market and offer smart contracts, Ethereum is more popular as it is more legitimate than the two. What ETC needs is a serious redeveloping of its code and software to stop any future hacks. However, the fact remains that Ethereum Classic is one of the purest decentralized, blockchain-based cryptocurrency platforms.

The ecosystem of the Ethereum network runs on the basis of smart contracts. They are self-automated contracts that execute themselves and hence facilitate the terms of the contract itself. Ethereum Classic is the continuation of the unaltered history How to buy ethereum classic of the original Ethereum chain. The ETC network exists to preserve the principle of „Code is Law“. Ethereum Classic allows uncensorable smart contracts to be written, deployed and executed; ETC enables truly unstoppable programmable money.

Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder.com compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Ethereum Classic. Launched in 2018, WazirX is India’s biggest cryptocurrency exchange with over 6,o00,000 users, and is expanding rapidly.