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What currency is ETC? What is the future of ETC currency? How to buy ETC coins?

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2024-08-01 16:30:02596browse

ETC is a cryptocurrency created from the 2016 Ethereum blockchain hard fork and has the same history as Ethereum (ETH) but remains unchanged. There is uncertainty about its future, with some experts believing it has potential as a more traditional cryptocurrency, while others believe it is inferior to Ethereum. The steps to purchase ETC coins include: selecting an exchange, creating an account, depositing funds, finding a trading pair, placing a buy order and confirming the transaction.

What currency is ETC? What is the future of ETC currency? How to buy ETC coins?

What currency is ETC?

Ethereum Classic (ETC) is a cryptocurrency that was created after the hard fork of the Ethereum blockchain in 2016. ETC has the same history as Ethereum (ETH) but has remained unchanged since the fork and has not adopted subsequent updates to the Ethereum network.

What is the future of ETC?

There is uncertainty about the future of ETC currency. Some experts believe that Ethereum Classic has potential as a more traditional cryptocurrency because it does not require the complex maintenance of Ethereum. However, others believe that ETC is functionally inferior to Ethereum and may be replaced by other, more advanced blockchains.

How to buy ETC coins?

You can buy ETC coins by following these steps:

  1. Choose a cryptocurrency exchange: Choose a reputable exchange such as Binance, Kraken or Coinbase.
  2. Create Account: Create an account on the exchange and complete identity verification.
  3. Deposit Funds: Fund your account using fiat currency or other cryptocurrencies.
  4. Find ETC Trading Pairs: Find ETC กับคู่ซื้อขายอื่นๆ, such as ETC/USDT or ETC/BTC.
  5. Place a buy order: Enter the quantity and price of ETC you want to buy.
  6. Confirm transaction: If you are satisfied with the price and quantity, please confirm the transaction.

After the purchase is completed, ETC coins will be deposited into your exchange account. Please be sure to keep your private key properly to ensure the safety of your assets.

Latest Price and Trends for Ethereum Classic

As of now, the price of Ethereum Classic (ETC) is $21.93 with a 24-hour trading volume of $1.193 billion.

Recent Changes

The price of ETC fell by 1.81% in the past 24 hours. This was largely due to a pullback in the broader cryptocurrency market, with major cryptocurrency Bitcoin (BTC) also falling.

Influencing Factors

Factors affecting ETC price fluctuations include:

  • General sentiment across the cryptocurrency market
  • Specific technical and fundamental news
  • Changes in the regulatory environment
  • Activity of speculators and traders

Future Outlook

In the short term, ETC prices are likely to continue to be affected by the volatility of the cryptocurrency market. However, in the long term, it may benefit from the potential application and adoption of blockchain technology.

It is recommended

  • to conduct your own research before investing in any cryptocurrency.
  • Manage risk carefully and only invest money you are willing to lose.
  • Consider holding ETC for long-term appreciation rather than short-term trading.

Short-term outlook

ETC prices are expected to remain volatile in the short term, but may rebound as market sentiment improves.

Indicators

  • Current price: 21.93 USD
  • 24-hour trading volume: 1.193 billion USD
  • Circulating market capitalization: 3.249 billion USD
  • Circulating supply: 148.14 million
  • Maximum supply: 210.7 million
  • Total Supply: 148.14 million

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