What is the issuance price of etc currency?
The issuance price of Ethereum Classic Coin (ETC) is $10.25, and the calculation formula is the pre-fork price of ETH divided by 2. At the time of the fork, the price of ETH was US$12.30, so the issuance price of ETC was US$10.25. Holders received ETC of equal value, and 1 ETH was exchanged for 1 ETC.
ETC coin issuance price: US$10.25
Ethereum Classic Coin (ETC) on July 20, 2016 Born through a fork of the Ethereum blockchain. When the fork occurred, users holding Ethereum (ETH) also received an equivalent amount of ETC.
Issue price calculation:
The issuance price of ETC is calculated by the following formula:
ETC issuance price = ETH pre-fork price / 2
ETH price before the fork:
When the fork occurred, the price of ETH was $12.30.
Therefore, the issuance price of ETC is:
ETC issuance price = 12.30 US dollars / 2 = 10.25 US dollars
This means that, after the fork At that time, every ETH holder received ETC of equal value, that is, 1 ETH was exchanged for 1 ETC, and the price was US$10.25.
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