Beaxy allows you to trade ETC with convenience and peace of mind. Our user interface is customizable and can be optimized for beginners and experts alike. Reduce your risk by storing ETC in our custodied wallets.
To access all of Beaxy’s features:
– Register at Beaxy.com/register
– Complete Verification
– Fund your account – Make a deposit or buy crypto with your credit or debit card
– Start Trading!
Trading ETC on Beaxy is enhanced by dozens of features including unique custody for listed assets, advanced order types, professional charting tools, credit card and debit card purchase options, and FIAT onboarding and offboarding. Trade on Beaxy with your national currency and leverage these features to enhance your trading experience!
Converting ETC to other currencies
Want to convert ETC to the FIAT you use? Check the converter above to see what the conversion rate is. Simply select your national currency to see what the price of ETC is. The best part is you can place an order for ETC directly from the converter once you select your currency!
About Ethereum Classic:
Ethereum Classic was created in a hard fork that split the Ethereum network into two different chains. The resulting chains were named Ethereum (ETH) and Ethereum Classic (ETC). The hard fork was performed when the Ethereum community was unable to come to an agreement on what the best way to handle the DAO hack was. The DAO hack took place in 2016 and resulted in hackers making off with more than 3,600,000 million ether tokens. The community that is now Ethereum believed that the transaction should be reversed as it was clearly malicious. The group that now supports Ethereum classic felt that reversing the transaction was not in line with the fundamental philosophical beliefs that digital assets should always remain immutable. The eventual hard fork that created ETC took place on the Ethereum block number 1,920,001. Ethereum Classic is the legacy chain following the DAO hard fork. It is an open-source platform for running smart contracts and facilitates the building and deployment of decentralized applications (dApps). The Ethereum Classic network, and its native currency, ETC, offer similar features and use cases to Ethereum. It has remained in the shadows of the rapidly growing Ethereum since the hard fork, however, with the backing of prominent individuals like Barry Silbert of Grayscale, and developments such as Google adding BigQuery support for Ethereum Classic, the network continues to be a force. More recently, Ethereum Classic has entered the decentralized finance arena following a partnership between Ethereum Classic Labs and Fantom.
The maximum allowed supply of ETC is capped at 210,700,000 tokens. There are approximately 116,000,000 or roughly 55% of the maximum supply in the outstanding circulating supply. At the time that Ethereum Classic was forked from Ethereum, there were an initial supply of 72,000,000 tokens. The Ethereum Foundation sold 60,000,000 or 80% of this initial supply of tokens. The remaining 12,000,000 ETC from the initial allotment of 72,000,000 tokens was allocated to the Foundation and early adopters of Ethereum. Of the 12,000,000 tokens allocated to the Ethereum Foundation, 3,000,000 ETC were held in a long-term endowment reserve. 6,000,000 ETC tokens were given to 85 developers who helped build the protocol before the tokens crowd sale. The remaining 3,000,000 ETC tokens were allocated to the ‘developer purchase program’ which gives developers of Ethereum the ability to purchase ETC at the original crowd sale price. Ethereum Classic is a widely traded digital asset that consistently processes more than $1,000,000,000 per day in global trading volume. Ethereum Classic traded at its all-time high price of $47.77 on December 21st, 2017.
You can buy, sell, and trade Ethereum Classic (ETC) on Beaxy. Once you have registered and verified your account, you can add funds and begin to use the exchange. Navigate to the ETC-BTC trading pair and submit and order to buy or sell the digital asset. When you purchase ETC on Beaxy, you get free access to our bulletproof-protected custody wallets.