Ethereum Classic (ETC) One Day Volume Hits $387.94 Million

Ethereum Classic (ETC) traded up 0.2% against the US dollar during the 1-day period ending at 20:00 PM Eastern on May 8th. In the last week, Ethereum Classic has traded up 7.1% against the US dollar. Ethereum Classic has a total market cap of $3.99 billion and $387.94 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can currently be purchased for approximately $27.12 or 0.00044210 BTC on major cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 1.8% lower against the dollar and now trades at $61,343.41 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4% against the dollar and now trades at $0.14 or 0.00000235 BTC.
• Bitcoin Cash (BCH) traded 4% lower against the dollar and now trades at $449.56 or 0.00732860 BTC.
• Litecoin (LTC) traded up 1.5% against the dollar and now trades at $81.79 or 0.00133335 BTC.
• UNUS SED LEO (LEO) traded 1.4% higher against the dollar and now trades at $5.93 or 0.00009669 BTC.
• Arweave (AR) traded down 1% against the dollar and now trades at $37.90 or 0.00061790 BTC.
• Monero (XMR) traded 3.6% higher against the dollar and now trades at $132.19 or 0.00215500 BTC.
• Bitcoin SV (BSV) traded down 1.8% against the dollar and now trades at $62.15 or 0.00101310 BTC.
• eCash (XEC) traded 2.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Conflux (CFX) traded down 0.2% against the dollar and now trades at $0.21 or 0.00000342 BTC.

Ethereum Classic Coin Profile

Ethereum Classic (CRYPTO:ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It launched on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,952,469 coins. Ethereum Classic’s official website is ethereumclassic.org. Ethereum Classic’s official message board is ethereumclassic.org/news. 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 possible to purchase alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to acquire Ethereum Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView