ETC to USD Converter USD to ETC Calculator

ETC is the native cryptocurrency of Ethereum Classic, a blockchain project that was created in 2016 when Ethereum’s blockchain split into two separate chains following a disagreement among members of its community. SoFi Crypto is offered through SoFi Digital Assets, LLC. Bitcoin and other cryptocurrencies aren’t endorsed or guaranteed by any government, are volatile, involve a high degree of risk, and are unsuitable for most investors. For more information on digital asset GAL risk see FINRA, SEC, and CFPB public advisories.

Links provided to third-party sites are also not under https://www.beaxy.com/’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. The launch of Ethereum Classic came after the 2016 Ethereum DAO hack, which resulted in a fork of the Ethereum blockchain. The Ethereum network as it exists today is the forked chain, while Ethereum Classic is the original chain upon which the DAO hack occurred. Circulating supply shows the number of coins or tokens that have been issued so far. Binance has the lowest transaction fee rate amongst all major trading platforms.

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Ethereum Classic is committed to staying as a Proof of Work network, in pursuit of decentralization maximalism, quite unlike its sibling which is soon transitioning to Proof of Stake. Its community lays great emphasis on two core principles – immutability and censorship resistance – with ‘Code is Law’ being the governance motto. Access to all our smart services – DeFi apps, NFTs and more.

• ETC is used on the Ethereum Classic blockchain in a similar manner to ETH on the Ethereum network.
• The percent change in trading volume for this asset compared to 24 hours ago.
• Once there are sufficient assets in the wallet, swapping is possible.
• Bitfinex has a bespoke offering expertly tailored to meet the specific needs of professional and institutional traders including sub-accounts, expedited verification, and dedicated customer support.
• Most CEXs also require KYC information these days, which is not ideal for people seeking privacy over their online activity.
• The Ethereum Classic blockchain issues new ETC to the circulating supply to reward miners for adding new transactions to the blockchain.

Grow your crypto assets without lifting a finger – all on one secure platform. Buy Bitcoin and other cryptocurrencies – the simple, safe, smart way. DEXs are ideal for investors who prefer privacy and ownership over their assets. However, there are still some loose ends on the security front when online wallets are used, as they may expose private keys resulting in thefts and frauds. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.

Ethereum Classic FAQ

Besides being a payment mechanism for 1 etc to usd transactions, ETC, owing to its deflationary nature, is also used as a store of value. The Markets Insider currency calculator offers a currency conversion from Ethereum Classic to United States dollar within seconds. Vacationers in Krypto can make conversions at the current exchange rate. The currency calculator provides an ideal tool for investors investing in international stock exchanges with different currencies.

Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or duration of CoinDesk content in all its forms. With the intervention by Ethereum’s team, the platform was able to return all of the stolen funds to their owners. The Ethereum blockchain as we know it today rolled back the chain and reverted it to its original unhacked status in July 2016. However, a section of the Ethereum community which believed in immutability as one of the core ethos of crypto networks, kept propagating the original Ethereum blockchain, with no ledger rewrites, calling it Ethereum Classic.

Corporate account and professional trading

Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets. World currency prices are based on rates obtained via Open Exchange Rates. Ethereum Classic is an open-source, public, blockchain-based distributed computing platform featuring smart contract functionality.

To check Ethereum Classic’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. Deposit crypto to our exchange and trade with deep liquidity and low fees. For the last 24 hours, more than 20,719,071.48 ETC were exchanged which is equivalent to $411,025,006.13, it’s traded on 55 exchanges, the top ones are Indoex, XT, Upbit. Ethereum Classic market price is updated every three minutes and is automatically displayed in USD. Similarly to Bitcoin and other altcoins, ETC has been severely impacted by the FTX liquidity crisis. CoinGecko data show that the historical performance of the coin on the daily, weekly,…

Exchange Ethereum Classic US dollar

1 etc to usdpaprika.com needs to review the security of your connection before proceeding. Remaining on the blockchain would have meant that investors weather the economic effect of the DAO, but the bailout was commenced and investors made whole, by moving to the new blockchain. The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading. Sign up for an account in minutes to buy crypto using credit card or bank transfer.

The maximum token supply of Ethereum Classic is limited to 210,700,000 ETC. 138,063,286 ETC are in circulation at the time of writing. Both Ethereum Classic and Ethereum are similar in many ways. Like Ethereum, Ethereum Classic makes it possible to issue ERC-20 standard tokens. Ethereum Classic, however, is incompatible with updates to the Ethereum network, such as the Ethereum Merge. If you are planning to trade crypto, please consult a financial adviser.

ETC to USD Calculator – How much US Dollar (USD) is 1 Ethereum Classic (ETC)?

Ethereum Classic integrated with Multichain, widely considered the BNB leader in cross-chain routing protocols. The bridging solution will enable interoperability for the Ethereum Classic network. As a result, projects belonging to other networks will be able to offer support for and migrate easily to Ethereum Classic. Once there are sufficient assets in the wallet, swapping is possible. Install the ‘Exchange’ application on Ledger Live, along with the applications for the coins you wish to swap. Most CEXs also require KYC information these days, which is not ideal for people seeking privacy over their online activity.

Bitfinex offers a suite of order types to give traders the tools they need for every scenario. Discover more about our most advanced Algorithmic orders types. Despite these philosophical differences, Ethereum Classic and Ethereum work similarly. After all, Ethereum Classic is the original Ethereum blockchain. Because of the upgrades, Ethereum Classic’s supply is capped at 210.7 million and its block reward declines by 20 percent every 5 million blocks, or roughly every two and a half years. Cryptoassets are highly volatile and unregulated in some EU countries and the UK.