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Ethereum Classic Price Chart (ETC/USD)

7.64*USD
-0.91 %
*The reference price is calculated using the mid-price at the current point in time. The actual execution price may differ.

Virtual currency / USD charts

What is Ethereum Classic?

Ethereum Classic (ETC) is a platform for building distributed applications (DApps) and smart contracts.

Similar to Bitcoin, Ethereum Classic adopted Proof of Work (PoW) as its consensus mechanism, which builds a consensus as a community. Ethereum Classic is functionally the same as Ethereum, but the issuance cap and reduction periods are different. Specifically, the issuance cap is set at approximately 210 million and the mining rewards are decreased by 20% every 5 million blocks (as of October 2019).

While Bitcoin takes about 10 minutes to mine a block, Ethereum Classic takes about 15 seconds. The smallest unit of ETC is the Wei, which is 0.000000000000000001 ETC.

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Ethereum Classic FAQ

  • Q:
    What is the smallest amount of Ethereum Classic I can buy?
    A:
    The minimum order size for Ethereum Classic on Buy/Sell is 0.00000001 ETC. Small amounts of ETC can be traded on bitFlyer.
  • Q:
    How much is the Ethereum Classic trading fee?
    A:
    There is no trading fee for Ethereum Classic on Buy/Sell, but there is a spread. More information can be found here.
  • Q:
    How much is the withdrawal fee for Ethereum Classic?
    A:
    The Ethereum Classic withdrawal fee is 0.005 ETC. More information can be found here.
  • Q:
    When can I trade Ethereum Classic?
    A:
    Ethereum Classic can be traded 24 hours a day, 365 days a year, including weekends and holidays (excludes maintenance times).
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