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Ethereum Classic

How & Where to Buy Ethereum Classic A Step-by-Step Guide to Buying ETC

Congratulations! You can buy Ethereum Classic directly with cash at Binance.US.

  1. Sign up at our one of our top-ranked Ethereum Classic exchanges.
  2. Fund your new account with cash or crypto.
  3. Buy Ethereum ClassicETC

Read on for detailed instructions below on where and how to buy Ethereum Classic and you will be a Ethereum ClassicETC owner in no time at all.

  1. STEP 1Register at a ETC Exchange

    Best Ethereum Classic (ETC) Exchanges

    • binance.us logo
      Ease of use
      Easy
      Time to 1st Buy
      24 hrs
      24h Volume
      $27,986,487
      Coins
      54

      Founded in 2019 as the USA-focused branch of the Binance family of exchanges, Binance.US supports trading in over 50 cryptocurrencies, and has the same industry standard low 0.1% fees as the original international Binance exchange. American users can buy crypto directly with a debit card, but Binance.US is not available in 7 states including New York & Texas.

    After choosing one of the exchanges listed above, you will need to create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Ethereum Classic Ethereum ClassicETC quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy ETC with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for ETC.

Frequently Asked Questions About Buying & Selling Ethereum Classic (ETC)

How do I Buy ETC with Crypto?

If you want to buy ETC with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for Binance.US and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to Binance.US.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Ethereum Classic (ETC)?

To sell ETC, simply reverse the buying process described above. You will likely need to trade your Ethereum ClassicETC into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Ethereum Classic Research Center

Ethereum Classic Technical Details & Statistics

Tokenomics
  • Market Rank19
  • Market Cap6,827,353,133
  • Circulating Supply128,678,725
  • Total Supply210,700,000 ETC
  • Max Supply210,700,000
Yesterday's Trading
  • 24 HR Volume2,267,370,373 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

Best ETC Exchanges

All of the major exchanges offer Ethereum Classic (ETC). The best ETC exchanges include the following:

  • Binance: Largest crypto exchange in the world. USA accepted. 175+ coins offered. Wire transfers, credit & debit cards for deposits. Apple iOS and Android mobile apps.
  • Gate.io: Over 160 coins offered. USA accepted. Apple iOS and Android apps.
  • Coinbase: Heavily trusted. USA accepted. Direct bank deposit options. Apple iOS and Android apps.
  • HitBTC: 350+ coins offered. USA accepted. Simple registration process. Android app only.
  • CoinSwitch: Hundreds of coins offered. USA accepted. Trade crypto between each of your exchanges. Visa & Mastercard accepted for deposits. Mobile friendly, Kuber app for Indian traders.
  • Kucoin: 190+ coins offered. USA accepted. Crypto futures trading for beginners & pros. Apple iOS and Android apps.

All of the ETC exchanges listed above have a solid reputation. Of course some are better than others, and every experienced crypto investor has their individual opinions. With that said, we recommend that investors who are not storing their crypto in cold storage to spread their portfolio across several exchanges. The reason is, if one of your exchanges were to get hacked, go out of business, or have some sort of issue that causes you to lose your investment, it would be best to lose only a small percentage of that investment rather than the entire thing.

So, we suggest that all investors get accounts at several of the Ethereum Classic exchanges listed above, then spread your investments around. As you invest more into crypto, move the coins that you plan to hold long-term into exchanges that you find more difficult to use. Coins that you might trade more commonly should be put into exchanges that you find easier to use – and have the lowest trading fees.

What is Ethereum Classic?

Ethereum Classic (ETC) is the original chain of the popular Ethereum (ETH) cryptocurrency. Like ETH, ETC is a fully decentralized, peer-to-peer, open source, blockchain-based digital currency platform. Unlike ETH, it is not maintained by the original developer, Vitalik Buterin. The Ethereum Classic platform retains every unique feature of Ethereum, including Smart Contracts, token creation and the Ethereum Virtual Machine (EVM), but only enjoys a fraction of the popularity of the hard-forked version of Ethereum, ETH.

History of Ethereum Classic

In June 2016 2016, 3.6 million Ether was stolen by exploiting a coding flaw during an Ethereum-based ICO (known as the DAO). After much deliberation, the governing council decided to perform a hard fork of the existing system, rolling back the blockchain to a point in time before the hack occurred. However, some Ethereum users rejected this idea and continued to use the original Ethereum blockchain, with the hacked coins still represented in transactions on the blockchain. Thus, technically speaking, Ethereum Classic is the ‘original’ Ethereum.

In October 2016, Ethereum Classic underwent a hard fork to adjust the internal pricing for running a key network component, Ethereum Virtual Machine (EVM). Another hard fork in 2017 delayed the “difficulty bomb” setting which is a built-in feature of the platform code. In June 2017, the Ethereum Classic developer team confessed that their website have been compromised. Nevertheless, ETC continues to enjoy some popularity, even if only a fraction of that of ETH.

How Ethereum Classic Works

Ethereum Classic follows the working procedure of Ethereum, almost identically. It is a fully decentralized cryptocurrency which functions without any central authority or repository. Any transaction between two Ethereum Classic users peer-to-peer transfer, with miners keeping a record of the transaction and approving transactions by adding them to the blockchain.

In Ethereum Classic, like Ethereum, the nodes in the network keep the recent state of the network which includes user balances, smart contract information and where Ethers are stored. Bitcoin tallies the spent and unspent changes to keep a record of the account balance, while Ethereum Classic works like a bank account and the Ethers are always in your account and can be transferred to another user.

Why Should I Buy Ethereum Classic?

Ethereum Classic competes morally against Ethereum (ETH), in that it maintains the ideological principle of not forking a blockchain due to a hack or human error. The advantages of Ethereum Classic considerably overlap advantages of Ethereum (ETH), in that it features:

  • Fully Decentralised Apps (DAPPS): Ethereum Classic allows applications to be built upon the EVM. Ethereum Classic is thus a unit of online exchange and creates its own protocol, much like the internet’s TCP/IP.
  • Faster Transactions: Ethereum Classic utilizes Smart Contracts to transfer funds quickly and directly between two users. The transaction takes somewhere between 10-20 seconds from issuing the send to receiving a transaction confirmation. This is opposed to bitcoin’s average confirmation time of 10 minutes.
  • Smart Contracts: Smart Contracts can be easily used to insure proper payment to a third party. Moreover, the EVM can easily execute smart contracts because they are stored in the blockchain. Smart contracts can thus eliminate multiple threats like censorship, collusion, and counter-party risk.
  • Safer Transactions: Ethereum Classic employs double blockchain technology to ensure that not every bit of data for a financial transaction is kept in the same block. Thus, even in the rare case that one block is compromised, the hacker can’t access the remaining transaction data to defraud transaction participants.

Best Ethereum Classic Casinos, Sports Betting & Poker Sites

There are a few ETC casinos available right now, which include the following:

  • LuckyGames: Roulette, Dice, Balls, Cells, Hacker. Provably fair, over 100 cryptocurrencies accepted. US players welcome.
  • 1XBit: US players NOT accepted. 3500+ games, 100% up to 1 btc bonus.
  • Sportsbet.io: US players NOT accepted. Sports betting, horse racing, casino (slots, blackjack, roulette, craps, baccarat etc.), esports, bitcoin poker.

We expect many more Ethereum Classic casinos and sports betting sites to pop up within the next several months. ETC poker sites might be a bit slower to arrive, but we’ll update this page when they become available.