What is the current price of Ethereum Classic (ETC)?

The current price of Ethereum Classic (ETC) is 24.182442531067135 AUD, representing a -4.80 from the day prior.

Can I buy Ethereum Classic (ETC) on Coinstash?

Yes - you can easily buy and sell Ethereum Classic (ETC) on Coinstash. Simply login or sign up, to start buying Ethereum Classic (ETC) in minutes.

Where is the best place to buy Ethereum Classic (ETC) in Australia?

The best place to buy Ethereum Classic (ETC) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Ethereum Classic (ETC) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Ethereum Classic (ETC)?

The trading volume of Ethereum Classic (ETC) is 90.5M AUD in the last 24hrs, representing a -4.80 from the day prior.

How can I buy Ethereum Classic (ETC)?

Ethereum Classic (ETC) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Ethereum Classic (ETC)?

The current market cap of Ethereum Classic (ETC) is 3.7B AUD.

Can I convert Ethereum Classic (ETC) to cash?

Yes - With Coinstash you can convert your Ethereum Classic (ETC) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Ethereum Classic (ETC) are there?

The current circulating supply of Ethereum Classic (ETC) is 151.6M.

Is Coinstash a safe place to buy Ethereum Classic (ETC) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Ethereum Classic (ETC) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Ethereum Classic (ETC)

What is Ethereum Classic?

Ethereum Classic is a decentralized blockchain platform that allows the execution of smart contracts and decentralized applications (dApps). It is essentially a continuation of the original Ethereum blockchain post a significant split in 2016. Ethereum Classic emphasizes the principle of "Code is Law," ensuring the immutability of transactions and data on the blockchain. The platform is powered by Ether (ETC), its native cryptocurrency, which is used for transactions and smart contract execution.

How does Ethereum Classic work?

Ethereum Classic operates on a blockchain-based platform facilitated by the Ethereum Virtual Machine (EVM), which is Turing-complete, allowing for the creation of complex contracts and dApps. It uses a Proof of Work (PoW) consensus mechanism, where miners solve computational puzzles to validate transactions and secure the network. Ethereum Classic relies on the Ethash algorithm for mining and supports smart contracts that execute based on predefined rules coded in the contract.

What are the potential use cases for Ethereum Classic?

Ethereum Classic can be used for a range of applications across various sectors. Key use cases include:

Decentralized Applications and Smart Contracts: ETC provides a platform for developing and deploying dApps, especially in sectors needing trustless operation, such as finance and supply chain.
Content Protection: ETC can manage and secure digital content like music, photos, and writings through smart contracts.
Supply Chain and Logistics: The blockchain can streamline processes in logistics through automated, transparent, and immutable records.
Interoperability: Allows machine-to-machine (M2M) and machine-to-person (M2P) applications for efficient data sharing and process automation without human intervention.

What is the history of Ethereum Classic?

Ethereum Classic originated from the Ethereum platform after a significant event known as the DAO hack in 2016. Following the exploit, which resulted in substantial financial losses, the Ethereum community decided to hard fork the blockchain to reverse the theft. This resulted in two separate entities: Ethereum Classic (ETC), which continued on the original chain, and Ethereum (ETH), which adopted the changes. Since then, Ethereum Classic has upheld the principles of blockchain immutability and decentralization, with significant upgrades like the Spiral Hard Fork to ensure compatibility with evolving EVM standards.