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You should consider whether you fully understand them and whether you can afford to take the high risk of losing your money. The content of Coin Insider does not constitute any type of investment advice. Get live ETC to USD conversion rate and best exchange prices with our conversion calculator. Aayush is a Senior Forex, Cryptocurrencies and Financial Market Strategist with a background in IT and financial markets. He specialises in market strategies and technical analysis, and has spent over a DECADE as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the currency, commodities, Bitcoin and Ethereum markets.

• Currency World delivers instant currency conversion and fresh exchange rates in a user-friendly interface.
• ETC/USD has to move above the $21.00 and $23.00 resistances to gain upside momentum.
• ETC USD My entry is based on three black crows candlestick patterns.
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• However, the original network continued – renamed Ethereum Classic – championing the philosophy that smart contracts shouldn’t be interfered with, regardless of how painful a hack may be.

Sign up for an account in minutes to buy crypto using credit card or bank transfer. In the last 24 hours.ETC has a circulating supply of 139.9 M ETC and a max supply of 210.7 M ETC. You can also use our Ethereum Classic price table above to check the latest Ethereum Classic price in major fiat and crypto currencies. Simply enter the amount of Ethereum Classic you wish to convert to USD and the conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other denominations, i.e. .1 ETC, .5 ETC, 1 ETC, 5 ETC, or even 10 ETC. BitFlyer Wallet supports everything from account creation to trading.

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etc vs usd Classic is an open-source decentralized computing platform and cryptocurrency that launched as an alternative to the Ethereum network in 2016. Much like Ethereum, Ethereum Classic offers smart contract functionality and supports the deployment and use of decentralized applications . The percent change in trading volume for this asset compared to 24 hours ago. The Ethereum Classic price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. The ETC to USD price chart indicates the historical change of ETC in USD over the past 30 days.

The Ethereum Classic network is secured with a proof-of-work algorithm, but as a minority chain, it has suffered regular attacks itself. The Ethereum Classic blockchain has fallen victim to two 51% attacks where the hackers managed to take over control of the blockchain’s mining hash rate. This enabled the hackers to execute false transactions and double spend tokens to exploit the blockchain. However, such 51% attacks are uncommon in the crypto ecosystem. Because The DAO accounted for so much of the total Ethereum in circulation in 2016, there was a split in the community about how to fix the problem.

How can I convert Ethereum Classic to USD?

The team working on Ethereum Classic believes that ETC is uniquely positioned as the smart contract platform of the future since it combines the technology of ETH with the philosophy of BTC. Relying on the table data, the Ethereum Classic to USD exchange volume is $5,670,423.81. If you are planning to trade crypto, please consult a financial adviser. Next, choose the amount you want to sell or use the slider to choose the percentage of available assets to trade. In the sell, box type the price on which you want to sell, look at the order book you can lower the price to sell coins immediately.

One camp believed that it was necessary to wipe off the attack from Ethereum’s history by reverting the chain so that they could maintain the network’s long-term WAVES viability. However, the opposing side argued that doing so was not in line with the ethos of cryptography and thus refused to support a ledger rewrite. Ultimately, the Ethereum developers decided to create Ethereum Classic as a hard fork from Ethereum in July 2016. Ethereum Classic is the unforked, original history-containing version of Ethereum, supported by advocates – but not the core team of Ethereum developers. Due to a $60m hack of a third-party project in 2016, the Ethereum Foundation made the decision to hard-fork the network and restore the lost funds.

ETC = 18.51   USD

In August 2020, the Ethereum Classic network fell victim to another 51% attack. Binance supports the withdrawal of BUSD as USD, so you will need to convert ETC to BUSD to transfer it to a bank account. For the last BTC 24 hours, more than 23,450,956.21 ETC were exchanged which is equivalent to $433,976,930.82, it’s traded on 55 exchanges, the top ones are Indoex, XT, Upbit. Binance requires users to complete Identity Verification to increase their account security. Circulating supply shows the number of coins or tokens that have been issued so far. Popularity is based on the relative market cap of assets.

On the upside, there are two key https://www.beaxy.com/ lines forming with resistance at $21.00 and $23.00 on the hourly chart of the ETC/USD pair. The 23.6% Fib retracement level of the last drop from the $31.18 high to $19.61 low is near $22.34 to act as an intermediate resistance. Once there is a proper break above $22.35 and $23.00, there could be more gains. The next resistance could be around 50% Fib retracement level of the last drop from the $31.18 high to $19.61 low around $25.40. Grow your crypto assets without lifting a finger – all on one secure platform. Buy Bitcoin and other cryptocurrencies – the simple, safe, smart way.

۸۴% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. We employ multi-layered security to protect your funds and information from cybercriminals. Our security stack includes semi-offline storage, a multi-signature system, emergency backups, 2FA, anti-phishing codes, withdrawal passwords, and more. Instantly convert 100+ cryptocurrencies to USD, or vice versa. 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.

The percent change in trading volume for this asset compared to 7 days ago. Please note that technical indicators don’t provide a full representation of what’s happening in the cryptocurrency market. Before making the decision to buy or sell any cryptocurrency, you should carefully consider both technical and fundamental factors, as well as your financial situation.

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Insider’s Phil Rosen explains how the latest CPI data and ongoing bank crisis impact the Fed’s policy path. Access to all our smart services – DeFi apps, NFTs and more. One must-have ETC in the linked hardware wallet to facilitate the swap. P roof-of-stake mining process, and numerous developers are still working on future network enhancements. To convert Ethereum Classic to US Dollar, type currency.world/convert/ETC/USD.

These costs are commonly referred to as gas fees, and they are paid to miners who use advanced computers to solve “proof-of-work” problems to help validate the network. The Ethereum Classic blockchain issues new ETC to the circulating supply to reward miners for adding new transactions to the blockchain. There are 83 cryptocurrency exchanges tracked by CoinCodex where you can convert ETC to USD. You can quickly compare the Ethereum Classic price USD rate between five popular exchanges in the table above.

All rates are updated regularly hourly every hour. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. We also gather additional information from different sources to make sure we cover all necessary data or events. The ETC to USD is the Ethereum Classic cryptocurrency/US dollar pair. In the ETC/USD pair, a traditional currency – USD – is quoted against a cryptocurrency – ETC. Ethereum Classic was created after the DAO hack attack in June 2016.

Сatch up on the recent ETC price in USD by following the ETC to USD charts at Capital.com. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. Additionally, our converter tool features a list of other popular cryptocurrencies that can be exchanged for USD. Smart contracts, similar to Ethereum and its native unit ETH.

It caused an ideological split of the original Ethereum into Ethereum and Ethereum Classic. Both are focused on smart contracts and decentralised application development. Ethereum Classic functions on the same protocol as that of Ethereum.