Ethereum Classic is the first blockchain for the Ethereum cryptocurrency, and it allows users to create decentralized apps and execute smart contracts. It exists due to its creators’ unwavering dedication to the fundamental principles of blockchain technology. The project exemplifies the significance of cryptocurrency interchangeability and blockchain immutability.
Ethereum Classic is a cryptocurrency created due to an Ethereum hard fork and is still popular today. The fork was caused by the need to change the program code to increase the security level. The well-known DAO project was compromised because the decentralized management system had flaws; Vitalik Buterin, the founder of the Ethereum cryptocurrency, decided to perform a hard fork.
The Ethereum community, on the other hand, has split into two factions. First, most people supported the creation of a new coin based on a centralized government model. Those who supported decentralization ideas, on the other hand, thought that doing so would limit their rights to some extent.
As a result, the ETC and ETH cryptocurrencies were born. The Ethereum Classic community is growing in popularity these days. Participants believe that the Ethereum system’s principles have changed by forming a branch. Barry Silbert, the CEO of the Digital Currency Group, is a supporter of the Ethereum Classic cryptocurrency. ETC was encouraged to appear on Bloomberg terminals, according to him. The Ethereum Classic Investment Trust (ECIT) was established in 2017.
If you want to learn more about how this initiative works, keep reading this article. It will go into the company’s history, tokenomics, use cases, benefits, and taxation process, among other things. Furthermore, the article will explain where and how to buy ETC step-by-step.
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How to Buy Ethereum Classic
- Look for an exchange or trading platform that supports Ethereum Classic (ETC) – we recommend eToro, which is regulated by the FCA, ASIC, and CySEC.
- Create an eToro trading account and verify it.
- You can fund your account using a bank transfer, a credit card, or PayPal.
- Type ‘ETC’ into the drop-down menu to open charts and trades.
- Click ‘Trade,’ then enter the desired quantity of ETC.
Best Exchange to Buy Ethereum Classic in June 2022
Compare Crypto Exchanges & Brokers
How to Sign Up at eToro
It is simple to open a free eToro account because the platform is very user-friendly, especially for beginners.
Step 1: Open an Account
Please follow the steps outlined below to open a new trading account.
- Click the “Join Now” or “Trade Now” button on the eToro website.
- On this page, you’ll find an electronic form for entering all of the personal information required to open a new trading account.
- Complete the e-form completely and input all the required information.
- eToro users can sign in via Facebook or Gmail.
- Please read eToro’s Terms & Conditions and privacy statement before submitting your information.
- Please confirm your agreement to all terms by checking the appropriate box after reviewing them.
- Submit your information by clicking the “sign-up” button.
eToro website homepage
If you want to use the mobile app for iOS and Android, check out the guide to the eToro app. It has screenshots of how the app looks and works.
Your capital is at risk.
Step 2: Upload ID
You must upload your basic information, such as your name, email address, and phone number, during this setup. Additionally, eToro will require you to upload a copy of your identification to confirm your identity. Your national identification card, driver’s license, or passport all qualify as acceptable forms of identification.
Step 3: Make a Deposit
After verifying your identity, you can fund your account and begin trading. A $10 minimum deposit is required to open an account. Payment methods accepted include debit cards, credit cards, bank transfers, Skrill, PayPal, and Neteller.
eToro does not charge a fee for depositing funds. Once you’ve chosen a payment method, click the ‘Deposit’ button to complete the transaction.
Deposit methods on eToro
Step 4: Buy Ethereum Classic (ETC)
Begin by typing ‘Ethereum Classic’ into the top-of-the-screen search bar. Click the ‘Trade’ button when you see the cryptocurrency asset.
Searching HBAR on eToro
Step 5: Review Ethereum Classic (ETC) Price
After clicking on Ethereum Classic, the website will redirect you to the next page, which contains the ETC price cart, candlesticks, feeds, stats, and news. You must enter the quantity of ETC coins you wish to purchase on this page.
After that, click ‘Open Trade’ to include the ETC in your portfolio. Apart from the trading platform, we offer third-party wallets for storing your digital assets. One possibility is to use the eToro Crypto Wallet, which now supports over 120 different cryptocurrencies in addition to ETC.
HBAR Price Chart on eToro
The good thing is, there’s no maker/taker fee on eToro as they solely charge buy/sell spread.
Step 6: Buy Ethereum Cash – Click Open Trade
At this point, you can inform eToro of the amount of money you wish to invest in Ethereum Cash by entering it into the ‘Amount’ box, which begins with $10. Click the ‘Open Trade’ button to complete your purchase.
Buy HBAR on eToro
Read more about how to buy cryptocurrency in 2022 here.
Your capital is at risk.
Where to Buy Ethereum Cash (ETC) Best Platforms
Ethereum Classic is an open-source, public, blockchain-based distributed computing platform featuring smart contract functionality. Ethereum Classic offers a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.
Ethereum Classic also provides a value token called “classic ether”, which can be transferred between participants and used as payment for services on the network. The classic ether token is traded on cryptocurrency exchanges under the ticker symbol ETC. The Ethereum Foundation was set up to promote the use of Ethereum Classic blockchain technology and its applications.
At the same time, our update includes reviews of the best places to buy Hedera right now.
Our list of Ethereum Classic buying sites in 2022 includes their characteristics, fees, and reasons for their uniqueness. eToro has established itself as the leading platform for purchasing ETC ccryptocurrency. The platform is safe, has reasonable prices, and is simple to use.
Best Brokers to Buy Ethereum Classic (ETC)
eToro is an online trading and investment platform that specializes in social trading and investing. This company was founded in 2006 and is headquartered in Tel Aviv, Israel. eToro offers a variety of products and services to retail investors and traders, including trade execution via its proprietary web platform. Additionally, the company facilitates social trading and copy trading.
The website and company operate a platform that is available in more than 25 languages and is regulated by the Cyprus Financial Markets Authority. Additionally, the site includes an advanced analytics tool that enables users to spot trading opportunities, track their performance, analyze their investment strategy, and pinpoint areas for improvement.
Read more about how to stake crypto.
eToro is regulated by some of the world’s most reputable regulatory authorities, including the United Kingdom’s Financial Conduct Authority (FCA). Additionally, the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Industry Regulatory Authority (FINRA) are accountable (FINRA). User funds are segregated from the platform’s operating capital in accordance with CySEC regulations, which apply to all CySEC-registered brokers. This is how the platform functions.
eToro, like other companies, charges a nominal trading fee, which includes 0.75 percent for purchasing or selling bitcoin. On eToro, the conversion fee is only 0.1 percent on top of the existing margins. As a result, eToro has positioned itself as the market leader in cryptocurrency trading in 2022, with a strong preference for crypto assets and CFDs.
eToro maintains a reasonable fee structure for its customers. eToro does not charge a fee for depositing funds. Deposits can be made via bank wire transfer, credit or debit card, PayPal, Skrill, Sofort, or Netteller. The required minimum deposit varies by user region. Individuals in the United Kingdom and the rest of Europe, for example, are required to make a $200 minimum deposit before trading. Users in the United States are required to make a $10 deposit.
eToro accepts Bitcoin, the leading cryptocurrency, as well as major altcoins such as Ethereum, Aave, XRP, Graph, and other popular cryptocurrencies.
Buying and selling on eToro can be done online as well as on handheld devices through their mobile app. The opening process of an eToro account is straightforward and takes about a couple of minutes.
Pros & Cons of the eToro platform:
- Copy-trading – Ability to copy the trade of successful traders.
- Regulated by ASIC, FCA, and CySEC
- User-friendly interface
- Trusted by 20 million registered users
- Most payment methods supported
- Staking of ETH, ADA or TRX
- Less technical analysis (TA) tools and indicators than Binance
- Service is only available in 44 US states.
- Buy / sell spread large on altcoins
Your capital is at risk.
2 – Bitstamp
Bitstamp is a Luxembourg-based cryptocurrency exchange founded in 2011 by Nejc Kodri and Damijan Merlak. With a low-fee cryptocurrency marketplace, this well-established cryptocurrency exchange caters to professional investors and large financial institutions. Bitstamp was one of the first bitcoin exchanges on the market, having been established less than two years after the invention of bitcoin. Bitsamp is best suited for seasoned investors seeking a high-quality cryptocurrency trading platform. However, it is an excellent platform for users who want to buy digital assets in bulk and store them on Bitsamp’s web-based cold storage wallet.
Payment Fees: Bitstamp charges relatively low transaction fees in comparison to the majority of digital asset exchanges. The United Kingdom accepts two types of deposits. The first option is to make an international wire transfer, which incurs a fee of only 0.05 percent of the transferred amount (very low compared to other crypto platforms). The second option is to utilize the free Faster Payments service.
Furthermore, withdrawal fees are lower than industry averages, at 0.1 percent for international wire transfers and 2 GBP for Faster Payment. Bitstamp’s only disadvantage is the high fee they charge on credit card cryptocurrency purchases – 5% on any amount.
Trading fees at Bitstamp: Bitstamp is widely regarded as a low-fee exchange, especially for active investors. The maximum trading fee you can pay is 0.5 percent if your daily volume is less than $10,000. (This is higher than the industry average of around o.25 percent). Fees, on the other hand, decrease significantly as the total volume of transactions of the investor increases. As a result, if your volume is greater than $20,000,000, your fees may be as low as 0%. Individual investors should expect to pay about 0.1 percent in fees when using Bitstamp.
Security: Bitstamp claims to store 98 percent of its digital assets in cold storage, with all assets insured, and all investors who perform critical account functions must now use two-factor authentication. CER, a crypto exchange security evaluator, ranked it near the bottom of our review of crypto exchanges in terms of security, indicating that it may still have room to grow into a category leader.
Customer service is available 24 hours a day, seven days a week, and includes an after-hours emergency phone support line.
Pros & Cons of the Bitstamp platform:
- Allows for the purchase of cryptocurrency with fiat currency using a bank account, debit card, or credit card.
- Provides dedicated phone customer service 24/7.
- Available in over 100 countries.
- No margin trading.
3 – Huobi
Leon Li founded Huobi Global in 2013 and was originally based in China. Following China’s crackdown on cryptocurrency exchanges in 2017, Huobi Global’s headquarters were relocated to Singapore, and then to the Republic of Seychelles. Huobi Global is available in the majority of countries worldwide, but it does not support a few, including the United States and Japan (though users in Japan can use Huobi Japan instead).
Huobi Global provides crypto-to-crypto trading with a wide range of supported assets and reasonable trading fees. Limit, stop, and trigger orders, as well as margin and futures trading, are available on the platform, which is intended for active traders and institutional investors. OTC trade desks, derivatives, and custom trading tools are available to institutional traders.
For margin trading, the platform offers up to 5% leverage. Houbi Global’s fee structure is very reasonable and low in comparison.
Deposit: The minimum deposit fee is $100 USD, and other fees, such as deposit fees, transaction fees, and withdrawal fees, differ depending on the currency.
Fee: Those who want to buy cryptocurrency with a credit or debit card must pay a higher fee to Houbi. Both the maker and the taker fees are set at 0.2 percent. Depending on the scale volume, it can be as low as 0.1 percent.
Huobi Global offers customer service via email, phone, online chat, ticket system, and social media platforms. It offers a variety of security features, such as 2-factor authentication, cold storage, account freezes, and bitcoin reserves.
Pros & Cons of the Huobi platform:
- 24/7 customer support.
- Excellent trading platform
- More than 350 cryptocurrencies.
- High-quality cyber security
- Strong customer support
- Low trading fees
- Professional trading tools.
- Mobile app
- Not available in the US.
- No fiat deposits or withdrawals
- Complex account registration process
4 – Crypto.com
In 2016, Crypto.com, a global cryptocurrency exchange, was founded. It is headquartered in Hong Kong and currently serves over 10 million traders in more than 90 countries and enables you to buy and sell over 250 cryptocurrencies with low trading fees.
The unique selling point of the Crypto.com platform is that it allows users to stake their cryptocurrency.
By staking or holding them in a crypto.com wallet, users can earn up to 14.5 percent p.a. interest. Aside from trading, the exchange provides a number of other services, including staking rewards, Visa card benefits, NFT trading, DeFi products, and more.
Security: Crypto.com employs a variety of security measures, including MFA (multi-factor authentication). It also uses whitelisting to safeguard customer accounts. The platform employs compliance monitoring and stores customer deposits offline in cold storage to prevent hacks and losses.
Deposit: On this platform, the minimum account balance is set at $1. Maker/Taker fees range from 0.04 to 0.40 percent. During the first 30 days after opening an account, credit/debit card purchases are charged at 0% or no fee. Users can also earn up to $2000 for each friend they refer.
Crypto.com HBAR Listing: September 14, 2021
Pros & Cons of the Crypto.com platform:
- More than 20 fiat currencies are supported.
- A separate NFT platform
- There are no fees for sending cryptocurrency to other users via the mobile app.
- It offers up to 8% cashback on its own Visa card.
- Price alerts
- Up to 14.5% p.a. interest earnings
- Competitive fee
- Pay more for lower balances.
- Residents of New York are not eligible.
- Services for the US platform are limited.
- No customer service via phone.
5 – Bybit
Bybit is a cryptocurrency trading platform that offers spot trading, derivatives trading, and margin trading with up to 100x leverage on BTC/USD and ETH/USD trading pairs.
Bybit was founded in March 2018 in Singapore by professionals from investment banks, technology firms, the forex industry, and early blockchain adopters. It is a British Virgin Islands-registered trading exchange with over 2 million users.
Bybit is a cryptocurrency-to-cryptocurrency exchange that does not require customers to go through onerous KYC verification and currently has a daily trading volume of up to $1 billion.
Bybit HBAR Listing: Ocotber 27, 2021
Pros & Cons of the Bybit platform:
- Up to 100x leverage on crypto
- Advanced tools supported by great technology
- Risk-free test environment to learn and experiment
- Educational resources
- Not available in the US
- Not suited to spot trading
6 – Binance
Binance is one of the most active cryptocurrency exchanges in terms of daily transaction volume, with more than $20 billion transacted each day. It provides access to hundreds of assets as well as a welcoming trading environment that makes profiting simple.
Minimal fees, a robust charting interface, and support for hundreds of coins are among Binance’s most distinguishing features. Binance, in contrast to eToro, is a cryptocurrency-focused exchange that does not provide copy trading, FX, commodities, or other financial services.
Binance uses two-factor authentication (2FA) and deposits in US dollars (USD) that are FDIC-insured. Binance also uses device management in the United States, address whitelisting, and cold storage to protect its customers.
Fees range from 0.015 to 0.10 percent for buying and trading, 3.5 percent or $10 for debit card purchases, whichever is greater, and $15 for US wire transfers.
The HBAR token was listed on Binance on September 29, 2019, and is now available for trading. Furthermore, Binance has launched trading pairs for HBAR/BTC, HBAR/BNB, and HBAR/USDT.
Pros & Cons of the Binance platform:
- Over 500 cryptocurrencies for trade
- Wider range of altcoins
- More staking options – Binance Earn feature
- Professional traders have access to all the chart indicators they need
- Margin trading – long or short on leverage
- Massive selection of transaction types
- US customers can’t use the Binance platform, and the Binance.US exchange is very limited
- High fees for credit card deposits
- No copytrading
7 – Coinbase
When people ask how to get started investing in cryptocurrency, Coinbase is frequently mentioned as a good place to start. Coinbase was founded in 2012, just three years after Bitcoin was created, and has since grown to become the largest cryptocurrency exchange in the United States by trading volume, with over 73 million verified users in over 100 countries.
While the company provides a variety of valuable products for retail and institutional investors, businesses, and developers, the ability to buy, sell, and trade more than 100 different cryptocurrencies and crypto tokens is its defining feature. After going public through a direct listing on the Nasdaq exchange in April 2021, its quarterly trading volume is currently $327 billion, with $255 billion in assets on the platform.
While Coinbase’s transaction and trading fees are higher than those of some of its competitors, it remains one of the most popular cryptocurrencies investing apps available.
Pros & Cons of the Coinbase platform:
- Trade against the US Dollar, GBP, or EUR rather than USDT
- Well-known and trusted by US regulators
- Instant deposits and withdrawals to / from bank account
- Remember to use Coinbase Pro for lower fees
- Higher maker / taker fee than Binance unless your trading volume is very high
- Coinbase Pro website is slow and lacks chart indicators
- Less customer support
8 – KuCoin
KuCoin, which was founded in 2017, is a global cryptocurrency exchange that offers its eight million customers a variety of trading options. There are options for spot, futures, margin, peer-to-peer (P2P), staking, and lending.
Johnny Lyu is the Co-Founder and CEO of KuCoin, one of the most well-known cryptocurrency exchanges in the world. KuCoin has evolved into one of the most well-known cryptocurrency exchanges. It has over 8 million registered users from 207 countries and territories worldwide.
Deposit and Withdrawal: KuCoin allows you to buy bitcoin with fiat currency, but only through a third-party application. Payments are accepted via credit or debit card, Apple Pay, or Google Pay, but not via bank transfer. The fees, on the other hand, could be exorbitant.
KuCoin Transaction Fees: The KuCoin trading fee structure is simple. The platform charges 0.1 percent for both makers and takers, making it one of the most cost-effective bitcoin exchanges available online. You can further reduce your fees if you own the platform’s native Kucoin tokens.
Pros & Cons of the KuCoin platform:
- User-friendly exchange
- Low trading and withdrawal fees
- Vast selection of altcoins
- Ability to buy crypto with fiat
- 24/7 customer support
- No forced Know Your Customer (KYC) checks
- Ability to stake and earn crypto yields
- Complicated interface for newbies
- No bank deposits
- No fiat trading pairs
9 – Bitfinex
Bitfinex is a well-known cryptocurrency exchange that allows users to buy, sell, and trade a wide range of digital coins. In 2012, the Hong Kong-based portal was established. Because Bitfinex’s trading area includes a robust set of chart analysis tools, intermediate and professional traders are more likely to use it.
Aside from cryptocurrency, the only way to deposit and withdraw funds is via wire transfer. Bitfinex, like Coinbase, is one of the few platforms that allows you to short cryptocurrencies and use leveraged trading strategies.
Founders – Bitfinex was founded in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to customers all over the world.
Bitfinex Securities Ltd., a blockchain-based investment product provider, has established a regulated investment exchange (Bitfinex Securities) in the AIFC to improve members’ access to a diverse range of financial products. Bitfinex, as a result, is completely unregulated. While the corporation’s headquarters are in Hong Kong, it is registered in the British Virgin Islands.
Fees and deposit limits: Bitfinex charges a 0.1 percent fee for bank transfer deposits. If you deposit $10,000, for example, you will be charged a fee of $10.
Withdrawal fees: Bitfinex charges a 0.1 percent fee for bank transfer withdrawals. You can pay a 1% expedited fee if you need funds within 24 hours.
Pros & Cons of the Bitfinex platform:
- Established since 2012.
Suitable for experienced traders.
Over 100 coins are supported.
Bank wire deposits and withdrawals are accepted.
- US citizens are not accepted.
Expensive trading fees
- Support team only available via email
What is Ethereum Classic (ETC)
Ethereum Classic (ETC) is a fork of Ethereum (ETH) that was released in July 2016. Its primary purpose is to serve as a smart contract network for hosting and supporting decentralized apps (DApps). ETC is the currency’s native token. Since its inception, Ethereum Classic has worked to set itself apart from Ethereum, with the two networks’ technical roadmaps gradually diverging. After a major hacking event resulted in the theft of 3.6 million ETH, Ethereum Classic set out to protect the integrity of the existing Ethereum blockchain.
When Vitalik Buterin and Gavin Wood first made Ethereum, they made a chain called “Ethereum Classic.” This chain is the “legacy” version of Ethereum.
In July 2016, a contentious hard fork on Ethereum occurred when users debated whether or not to reset the blockchain to undo the consequences of a significant hack. This had an effect on the DAO, a decentralized autonomous organization (DAO) that had raised $150 million in an initial coin offering (ICO) a few months prior. The Ethereum Classic network was created as a network that did not revert the chain. According to the developers, the project has no “official” team and its “global development community” is a permissionless “do-ocracy” where everyone can join.
How Does Ethereum Classic Work?
Smart contracts are the essential aspect of the Ethereum Classic. In 1994, Nick Szabo invented smart contracts. However, there was no decentralized platform available at the time that could safely store smart contracts. The blockchain was the ideal platform for this. Smart contracts are built on the Ethereum Classic blockchain and automatically enforce a contract’s terms. Smart contracts have the potential to eliminate a wide range of intermediate services in banking, information storage, insurance, identity and reputation management, and other areas.
The smart contracts are implemented using Ethereum Classic’s Turing-complete Sputnik Virtual Machine. A Turing machine can be emulated using a Turing complete machine. Alan Turing’s hypothetical machine simulates any computer algorithm by manipulating a string of 1s and 0s. Because it has never been shown that a computer can accomplish more than a Turing machine, the Sputnik Virtual Machine can run any computer program written for it. Ethereum Classic’s goal is to create a decentralized world computer rather than just a decentralized currency.
The virtual machine has a financial incentive for ETC nodes to operate it. The nodes get paid ETC fees for processing transactions relating to the contracts. People can be paid in Ether Classic via smart contracts.
Emerald Software Developer Kit (SDK)
The Emerald Software Developer Kit, a toolset for creating dapps, was explicitly developed for Ethereum Classic. Other development tools, such as UI, libraries, and build tools, are included with the SDK. The ultimate purpose of Ethereum Classic, as a platform, is for as many developers as possible to build on top of the blockchain. The internet of things, sometimes known as IoT, is the emphasis of ETC. “Smart contracts on [the] blockchain are best suited for simple agreements between machines operating on [a] distributed network, a machine-to-machine protocol, and the IoT is [the] most obvious application for this,” ETC developer Igor Artamonov said in an interview.
Fundamentals of Ethereum Classic Work
When was it originated: 2016
Management Team: CEO – Vitalik Buterin and Gavin Wood
Native token: ETC
What it does: Ethereum Classic is the first blockchain for the cryptocurrency Ethereum, and it allows users to build decentralised apps and execute smart contracts. Its existence is due to its creators’ unrelenting commitment to the fundamental principles of blockchain technology. The project represents the importance of cryptocurrency interchangeability and the immutability of their blockchains.
ETC Tokenomics: With a market valuation of $4,471,654,496 USD, the current market ranking is #33. More than 135 million ETC coins are in circulation. There is a maximum amount of coins that can be made.
Is it worth Buying Ethereum Classic ETC in 2022
Many have predicted that the price of ETC will continue to rise in the same way that the price of ETH has. Nonetheless, Ethereum Classic’s value has the potential to skyrocket in the future. We’ve seen the coin’s ups and downs before, with some people becoming extremely wealthy and others going bankrupt.
The ETC has a bright future in terms of price forecasting in 2022 and 2023. However, with continued technological advancements and feature enhancements, the ETC ecosystem will continue to dominate the crypto market, and ETC may reach a peak by the end of 2022. Because ETC is not a new cryptocurrency and has been around for a while, you should not expect 3x to 4x gains overnight. The ETC coin is currently ideal for trading, and it is possible to profit from it.
Will the Price of Ethereum Classic ETC Go Up in 2022?
The update of the ETC blockchain opens up a lot of investment prospects. The Ethereum Classic hard fork known as Magneto was launched in July 2021 to introduce numerous features through the Berlin hard fork. This improves security seamlessly. The ETC has a position in competitive marketing since the features are taken into account. If this trend continues, ETC will emerge as the long-term winner, potentially surpassing $80.91 and even higher. Keep in mind that our prediction may be off because the price of Ethereum Classic has been quite volatile in the past.
ETC Line Chart – CoinMarketCap
Ethereum Classic (ETC) Price Prediction: Where does Ethereum Classic (ETC) go from here?
Many people have predicted the price of ETC, but we cannot predict it in the same way. Nonetheless, Ethereum Classic has the potential for future growth. We’ve seen the coin’s ups and downs before, with some becoming extremely wealthy and others going bankrupt. Continue reading to learn more about the ETC price prediction, as well as where to buy and other useful information.
Ethereum Classic price forecasts for the coming years are as follows:
ETC Price Chart – Daily Timeframe
Ethereum Classic Price Prediction 2022
The upgrade to the ETC blockchain opens up a lot of investment possibilities. In July 2021, the Ethereum Classic hard fork Magneto was launched to implement the Berlin hard fork’s various features. This ensures that security is improved in an unobtrusive way. The ETC finds a place in competitive marketing since the features are taken into account.
If this trend continues, ETC will emerge as the long-term winner, with the potential to surpass $40.00 and even higher levels. Because the price of Ethereum Classic has been quite volatile in the past, our Ethereum Classic Price Prediction may be wrong.
Ethereum Classic Price Prediction 2023
By 2023, Ethereum Classic (ETC) values are expected to reach a level equal to their prior all-time high 2023. We may anticipate an average price of $65 by 2023. If all goes according to plan, Ethereum Classic’s maximum price might reach $70 in 2023. Of course, after a long bull run, the market may crash, which is to be expected in the cryptocurrency market.
ETC Chart – EMA Crossovers
Ethereum Classic Price Prediction 2024
The price of Ethereum Classic is predicted to surge in 2024, with the peak trading price hitting $108, thanks to rising popularity and collaboration with other major blockchain networks. If we keep it that way, the pricing ranges will be extremely fashionable. If everything goes according to plan, we may expect an average price of $95 and a maximum price of $110 in 2024.
Ethereum Classic Price Prediction 2025
Many websites and forums offer a unified approach to this currency. According to one prediction platform, Ethereum Classic will remain stable at its current price for a very long time. The ETC is anticipated to reach a maximum value of $165 by 2025. If the market turns positive, the minimum price might rise to $135.
Ethereum Classic (ETC) is a blockchain-based distributed cryptocurrency platform that is open source and decentralized. The Ethereum Classic token was created in 2016 as a result of a hack of The DAO, a smart contract that operates on the Ethereum blockchain. The original blockchain was split in half, with the vast majority of users opting to reverse the hack and return the stolen funds.
The split exposed philosophical schisms in the Ethereum community. According to the “Code is Law” principle, a small group of developers and miners believed that The DAO’s investors should bear the consequences of investing in a flawed project. The majority of the Ethereum community, on the other hand, decided to roll back the blockchain, effectively creating a bailout for The DAO’s investors.
As previously stated, the coin has the potential to grow at an exponential rate. As a result, if you want to buy it, our recommended regulated broker, eToro, can assist you. Of course, the platform is licensed and regulated by the FCA, and it has one of the best reputations in the industry. Furthermore, eToro offers a plethora of educational resources to assist those new to the market in learning the ropes.
eToro – Our Recommended Crypto Platform
- ASIC, CySEC and FCA regulated – 20 Million Users Worldwide
- Buy with Bank transfer, Credit card, Neteller, Paypal, Skrill, Sofort
- Free Demo Account, Social Trading Community
- Free Secure Wallet – Unlosable Private Key
- Staking Rewards for holding ETH, ADA or TRX
- Copytrade Winning Crypto Traders – 83.7% Average Yearly Profit
Any risk in buying ETC now?
In terms of investment, Ethereum classic is by far the best option. Ethereum is also a better asset to trade because, as a result of its widespread use and crypto trading, it has experienced more natural market volatility.
Is it safe to buy ETC?
For a long time, many experts and traders have regarded Ethereum Classic as an excellent investment. Surprisingly, the cost is rising. As a result, you can be confident that your investment will be well rewarded.
How much will ETC be worth in 2030?
Many platforms and analysts believe that the price of Ethereum Classic will continue to rise over the next five years, surpassing $186.53 by the end of 2025. Even if the price appears to be exorbitant, you never know. ETC and other Cryptocurrencies are extremely volatile, with their values fluctuating dramatically at any time. There is a much better chance that the price of Ethereum Classic will rise to $1,292.37 in ten years. Within the next 8 to 10 years, 1 Ethereum Classic could be worth as little as $1,248.75 or as much as $1,493.72.
Wil ETC ever hit $500?
Many websites and forums offer a unified approach to this currency. According to one prediction platform, Ethereum Classic will remain stable at its current price for a very long time. The ETC is anticipated to reach a maximum value of $166 by 2025. If the market turns positive, the minimum price might rise to $135.