How to Buy Ethereum Classic

Ethereum Classic (ETC) cryptocurrency ranks at 28 place by capitalization. It’s 28 February 2024 on $4,109,148,634 year. Circulating supply: 143,202,120. Maximum supply – 210,700,000. The price of ETC for today – $28.67 with trading volume of $248,542,718 for 24 hours. The maximum price of Ethereum Classic was registered on 6 May 2021 year and was – $167.09. The lowest price of ETC, $0.6150, was registered on 25 July 2016.
Ethereum Classic (ETC)
$28.67 +1.52% ↑
24h price change
$0.43000
Capitalization
$4,109,148,634
24h trading volume
$248,542,718
on the official website

How to Buy Ethereum Classic Price in USD: Convert to US Dollar

ETC
Ethereum ClassicETCEthereum Classic
BitcoinBTCBitcoin
EthereumETHEthereum
TetherUSDTTether
BNBBNBBNB
SolanaSOLSolana
Lido Staked EtherSTETHLido Staked Ether
XRPXRPXRP
USDCUSDCUSDC
CardanoADACardano
AvalancheAVAXAvalanche
DogecoinDOGEDogecoin
TRONTRXTRON
ChainlinkLINKChainlink
PolkadotDOTPolkadot
PolygonMATICPolygon
Wrapped BitcoinWBTCWrapped Bitcoin
UniswapUNIUniswap
ToncoinTONToncoin
Shiba InuSHIBShiba Inu
Internet ComputerICPInternet Computer
US Dollar
USD
US DollarUSDUS Dollar
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/wp-content/themes/tgd/assets/images/content/flag_ru.svgRUBRussian Ruble
/wp-content/themes/tgd/assets/images/content/flag_ua.svgUAHUkrainian hryvnia
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on the official website
Data updated 2/28/2024

    Ethereum Classic appeared in 2016 as a result of the split of the Ethereum network. As a result, the main network remained under the leadership of the founder Vitalik Buterin, and Ethereum Сlassic became an independent network.

    Ethereum Classic is a hard fork of the Ethereum network that took place in 2016.

    The split of the main Ethereum network started after popular DAO exchange was hacked and hackers stole $70 million. Users who lost their money began to demand that the blockchain be rolled back to the block that existed before the attack. However, part of the community spoke out for the safety and immutability of the blockchain. Ethereum community split into two parts: those who disagreed with the decision to rollback the blockchain continued the original chain, calling the network Ethereum Classic.

    The internal currency of the Ethereum Classic network received the ticker ETC. The coin is traded on many major exchanges. The main way to buy ETC is on a crypto exchange, but in addition to this, coins can be bought through payment systems, in banks like Revolut and so on.

    Where and how to buy Ethereum Classic in 2024 year – read in the TGDRatings experts’ review.

    What is Ethereum classic

    Ethereum Classic is an open source decentralized platform for deploying and running smart contracts on the Ethereum Virtual Machine (EVM).

    Ethereum Classic retains the original Ethereum mainnet architecture and, in particular, the Proof-of-Work consensus algorithm. All new blocks in the blockchain are created by mining. All transactions are carried out using the native cryptocurrency ETC, which also serves as a reward coin for miners.

    Issue of Ethereum Classic limited: there are 210.7 million coins will be issued.

    Where to buy Ethereum classic (ETC)

    There are many ways to buy ETC: on crypto exchanges, through payment systems or banks like Revolut.

    The most profitable option is to by coin on exchange. Benefits of buying cryptocurrencies on the exchange: best exchange rate, high liquidity, large selection of payment methods, the ability to use fiat and so on.

    Instructions on buying Ethereum classic

    Since cryptocurrency exchanges are the most profitable way to buy cryptocurrency, let’s consider buying ETC using the example of top crypto exchange Binance. The step-by-step instruction includes 5 main steps is below.

    Decide on the level of risk

    The main risks of investing in cryptocurrency are associated with excessive market volatility. The course of a digital asset is constantly changing, and no one can accurately predict its movement. Therefore, the invested money can be both increased and lost. However, the loss will be less tangible if you follow the basic rules: don’t buy with all your money, don’t invest your last money and more than you can afford to lose.

    Choose a crypto exchange

    Each cryptocurrency exchange offers its own working conditions. When choosing a platform, pay attention to the following parameters:

    • Interface usability;
    • Number of trading pairs supported;
    • Trading volumes;
    • Commissions amount;
    • Features of the trading terminal;
    • Availability of ways to earn passive income;
    • Reviews from real users, including the work of technical support;
    • The security level of the platform.

    To buy ETC, we recommend using the following reliable platforms with large trading volumes:

    Exchange
    Website
    BTC trading volume, 24h
    1Binance
    Binance
    BTC trading volume, 24h
    927.79
    2HTX
    HTX
    BTC trading volume, 24h
    301.44
    3OKX
    OKX
    BTC trading volume, 24h
    291.73
    4Gate.io
    Gate.io
    BTC trading volume, 24h
    62.13
    5Bybit
    Bybit
    BTC trading volume, 24h
    38.39

    Register the account

    First, let’s figure out how to open an account on Binance. If you are a new user, then you need to start with registration.

    To register on Binance:

    1. Go to to the official Binance website and press Register;
      How to buy Ethereum classic ETC
      Beginning of registration on Binance
    2. Select country of residence from the list → click Confirm;
      Country of residence
      Choosing country of residence
    3. Specify the type of account: if you are creating personal account, then select Create Personal Account, if account for businessCreate Entity Account;
    4. Enter other required information → Next.
      Enter registration details individual account
      Entering data for registering an individual account

    The last step of registration is confirmation of email address and phone number.

    Detailed instructions on working with Binance can be found in the full review of the exchange on our platform.

    Top up your account

    Before buying ETC, determine in which pair the coin is traded on the selected exchange. For Ethereum Classic, Binance offers Crypto/Crypto or Crypto/Fiat pairs. Choose the best option for you and follow the instructions:

    1. In your account select Wallet → Fiat and Spot;
    2. Select currency for deposit (for example, USDT);
    3. In the USDT line, activate the Deposit option;
      USDT deposit
      USDT Deposit
    4. Then select the network (for example, TRX Tron). Make sure you choose the same network as the one in the wallet you are withdrawing coins from (otherwise the funds will be irretrievably lost);
    5. Based on this, the system will generate an address for transferring USDT in the Tron network. This address must be inserted in the wallet from which you transfer coins.
      USDT input address to the exchange
      Address for depositting USDT on the exchange

    After a short time, check the transfer of funds to the exchange account.

    Buy Ethereum classic (ETC)

    After USDT are on the account, we can buy ETC using them. To create an order to buy ETC on the Binance spot market follow next steps:

    1. Select the tab Trade → Spot in your personal account;
    2. Specify the currency pair ETC/USDT in the trading terminal;
      Trading pair selection
      Selecting a trading pair
    3. Fill out the ETC buying order form: select order type and amount of coins;
    4. Click Buy ETC.
      Buy ETC with USDT
      Buying ETC by USDT

    How to sell Ethereum classic

    To sell ETC, follow the same steps, just fill out the Sell ETC form.

    ETC Sell
    Selling of ETC

    Where to store ETC

    The choice of wallet for storing purchased ETC depends on your plans.

    If you need coins for active trading, then hot wallet is better. This type of storage is continuously connected to the network and provides quick access to funds. At the same time, it is important not to forget about security measures, since “hot” wallets are prone to hacking (use complex password, enable two-factor authentication, etc.).

    If you purchased ETC for the purpose of long-term storaging of coins, then it is better to use a “cold” wallet. Such vaults work offline and are connected to the network only to conduct a transaction. This is a more secure way to store coins than in hot wallets.

    Reliable wallets for storing ETC cryptocurrency:

    Read also: Best crypto wallets.

    How to withdraw Ethereum classic to a wallet?

    To withdraw ETC from Binance, you can use the exchange’s official wallet Trust Wallet. To withdraw coins, follow next steps:

    1. Login to your Binance account;
    2. Select Wallet → Fiat and Spot tab;
      Wallet to work on Binance Spot Market
      Binance exchange wallet
    3. Specify ETC as a coin to withdraw and press Withdraw in the same line;
      Withdrawing ETC from the exchange
      Withdrawing of ETC from the exchange
    4. Select the transaction network, for example, ETC. Make sure you choose the same network as one in the wallet you are withdrawing coins from (otherwise the funds will be irretrievably lost);
    5. Enter the address for withdrawing coins in the Address line. To find it out, go to the Trust Wallet application installed on your mobile device;
      Crypto withdrawal request from the exchange
      Application for the withdrawal of cryptocurrency from the exchange
    6. Select the Receive tab on the main page of app;
      How to withdraw ETC to Trust Wallet Step 1
      How to Withdraw ETC to Trust Wallet Step 1
    7. Type ETC in the search bar;
    8. App will generate a unique recipient address: copy it and then enter in the Address line on the exchange.
      How to withdraw ETC to Trust Wallet Step 2
      How to Withdraw ETC to Trust Wallet Step 2

    FAQ

    How and where to buy Ethereum Classic?
    There are many ways to buy ETC: on crypto exchanges, with payment systems or banks like Revolut.

    It is most profitable to make a purchase on the stock exchange. Advantages of this method: the best exchange rate, a large selection of payment methods, the ability to use fiat, high reliability, etc.

    Which exchange to buy ETC on should I choose?
    We recommend using Binance to buy Ethereum Classic. It is the number 1 platform in terms of trading volume, providing high liquidity and a degree of reliability.
    Where is the best place to buy Ethereum Classic?
    Cryptocurrency exchange - the most profitable option for buying ETC. Use popular and proven platforms with good turnover and liquidity. Recommended exchanges: Binance, OKX, ByBit.
    Should I buy Ethereum Classic?
    According to some experts, after the transition of the Ethereum network to the Proof-of-Stake algorithm, PoW mining advocates will look for another network to use unclaimed mining power. Ethereum Classic is one of the candidates for this role.

    In addition, Ethereum Classic supported by large investment companies who are ready to invest in the development of the ecosystem. All this has a positive effect on the prospects of ETC. But remember that any investment in cryptocurrencies comes with high risks.

    Where to store Ethereum Classic?
    For long-term storing use cold wallets. The benchmark for reliability is the Ledger Nano X or Ledger Nano S hardware wallets.

    For active trading and quick access to funds, it is more convenient to use hot storage like Trust Wallet or Atomic Wallet. At the same time, do not forget about security settings (2FA, complex password, etc.).

    What is the difference between Ethereum and Ethereum Classic?
    Ethereum and Ethereum Classic are two different networks.

    Ethereum is a decentralized network created in 2013 by Vitalik Buterin. The internal currency of network is ETH.

    Ethereum Classic is a hard fork of the Ethereum mainnet that occurred in 2016 as a result of the DAO exchange being hacked and the community split in two. The internal currency of the network is ETC.

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    Agatha Redich
    Agatha Redich
    Articles author, editor
    Articles author and website editor. Works with texts for over 12 years. Among Agatha’s clients: Rossman, Zara, Bosch, ING Bank, Lexus and others. Crypto journalist since 2018. She wrote more than a hundred articles about cryptocurrencies and the crypto market. Agatha's professional credo is to reveal complex topics in an accessible and simple way.
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    Emil Rabin
    Emil Rabin
    Site expert
    Cryptocurrency expert and financial analyst. Emil has working experience in Bain and KPMG, collaborated with PayPal and Revolut, organized more than 30 educational events about blockchain and cryptocurrencies in Eastern Europe. An expert of the TGDRatings.com portal since 2022.
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