Buy Ethereum Classic ETC
What is Ethereum Classic (ETC)?
Ethereum Classic is a decentralised blockchain platform that supports smart contracts and decentralised applications (dApps). It emerged as a result of a split from Ethereum (ETH) and upholds the principle of "Code is Law," ensuring immutability and resisting external governance.
How does Ethereum Classic (ETC) work?
Ethereum Classic operates on a Proof of Work (PoW) consensus mechanism, using the Ethash algorithm to validate transactions and secure the network. It supports smart contracts, enabling developers to create programmable and decentralised solutions, with ETC serving as the platform’s native cryptocurrency.
What are the potential use cases for Ethereum Classic (ETC)?
- DeFi Applications: Building decentralised financial systems.
- NFTs: Powering non-fungible token marketplaces.
- Supply Chain Management: Automating processes with immutable smart contracts.
- Industries: Finance, gaming, and logistics leverage its secure and censorship-resistant platform.
What is the history of Ethereum Classic (ETC)?
Ethereum Classic was created after a contentious split from Ethereum in 2016, following a disagreement over governance and the handling of a major hack. ETC retains the original Ethereum blockchain, preserving the philosophy of decentralisation and immutability. It continues to evolve as a stable platform for dApps and smart contracts.
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Frequently Asked Questions (FAQs)
What is the current price of Ethereum Classic (ETC)?
The Ethereum Classic price is $55.97 AUD, representing a +4.4% from the day prior.
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 $2.7B AUD in the last 24hrs, representing a +4.4% 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 $8.3B 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 149.8M.
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.