Forex Trading

How to Buy Ethereum Classic

Yes, many exchanges allow you to deposit Bitcoin, Ethereum, or other cryptocurrencies, which you can then trade for Ethereum Classic. Ethereum Classic is a blockchain for those who prioritize immutability and the original ethos of Ethereum. It offers potential but comes with risks due to a smaller community and less developer support compared to Ethereum. Ethereum Classic is the 36th largest cryptocurrency by market cap as of mid-May 2025. Despite major price swings, as shown in the chart above, ETC has remained in profit over the long term (although it has bled red over the 1M and 1Y time frames as of press time).

Ethereum Classic can be purchased on crypto exchanges by using fiat currencies. Once approved by the exchange, you’ll be able to start buying Ethereum Classic. After considering the above factors, we can conclude that the current forecast for Ethereum Classic price prediction is Bearish.

What Can You Do with Ethereum Classic (ETC) on KuCoin?

You can buy Ethereum Classic (ETC) on a variety of cryptocurrency exchanges. You can store ETC in hardware wallets (like Ledger or Trezor) or software wallets (like MetaMask). Both hardware wallets (like Ledger or Trezor) and software wallets (like MetaMask) offer secure storage for your ETC.

Step 1: Register for a Bitget account

Another decision to make when buying Ethereum Classic is how it will be stored. Cold wallets (also known as hardware wallets) are physical, offline devices that hold the private keys used to access the cryptocurrency. They are not vulnerable to software attacks but may not be suitable for beginners. The company has also released its Proof of Reserves (PoR), which is a way to ensure that a platform holds enough assets to cover all of its client balances.

How to Buy Ethereum Classic (ETC) in 2025

Interested in buying Ethereum Classic (ETC) or exploring other cryptocurrencies? KuCoin offers safe and easy ways to let you buy Ethereum Classic (ETC) instantly wherever you are! The most secure option for storing Ethereum Classic can rightfully be called a Ledger hardware wallet. The size of this wallet does not exceed a USB flash drive, and for ease of use it is equipped with a small portable display. You can purchase this coin only in the trading terminal, where it is presented in 6 trading pairs at once with USD, BTC, E, OKB, USDK, USDC.

How to Store Crypto

  • You can buy Ethereum Classic (ETC) on a variety of cryptocurrency exchanges.
  • But, a smaller group disagreed, arguing that “code is law” and tampering with the blockchain would set a dangerous precedent.
  • Still, short-term price swings remain a concern, like with any other cryptocurrency.
  • Cold wallets (also known as hardware wallets) are physical, offline devices that hold the private keys used to access the cryptocurrency.

Ethereum Classic (ETC) is a decentralized, open-source blockchain platform that is a result of a split from the original Ethereum network in 2016. Ethereum Classic (ETC) might not have the name recognition of Bitcoin or Ethereum, but it is one of the oldest projects still active today. Born from the original Ethereum chain after the 2016 DAO hack, Ethereum Classic has held firm to the principle of immutability.

  • Verifying the ID may take longer than a few minutes, depending on where you live.
  • Several attacks have been made on the network over the entire history of its existence, and the network is clearly inferior to its updated version in terms of development.
  • The medium-term trend for Ethereum Classic has been bearish, with ETC dropping by -17.50% in the last 3 months.
  • Ethereum Classic maintains the original Ethereum blockchain, while Ethereum (ETH) implemented a hard fork to reverse a hack and return stolen funds.
  • After completing verification, you’ll need to fund your Bitget account to buy Ethereum Classic.

Buying Ethereum Classic is simple, but safeguarding your investment requires an extra step. When you own cryptocurrencies, what you really own is a private key, a critical piece of information used to authorize outgoing transactions on the blockchain network. Holding the private keys gives you access to your crypto, like holding a pin code to your debit card; in short it gives you access to your funds. A Ethereum Classic wallet helps you protect your private key, not just storing your Ethereum Classic. If you are fairly new to cryptocurrencies you might still be struggling with the concept of private key and why it’s so important. Perhaps you just get into cryptocurrency by purchasing coins on an exchange platform but didn’t even realize that they hold the private keys to your cryptocurrency.

As adoption continues, Ethereum Classic remains focused on immutability and dapp development within its network. Purchasing Ethereum Classic (ETC) is a straightforward process if you follow the right steps. First, choose a trusted cryptocurrency exchange, such as Coinbase, Binance, Kraken, or Gemini, where Ethereum Classic is listed. Once you’ve selected an exchange, you’ll need to create an account by providing personal details and submitting identification for Know Your Customer (KYC) verification.

ETC is now trading above the SMA 200, signaling that the market is currently bullish. Currently, the Fear & Greed index is at 29 (Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Buy Ethereum Classic (ETC) instantly and securely.

But, a smaller group disagreed, arguing that “code is law” and tampering with the blockchain would set a dangerous precedent. The DAO was a decentralized autonomous organization and investment fund built on Ethereum that raised over $150 million in ETH shortly after launch. ➤ Click on the “Sign Up” button (usually either at the top right or elsewhere on the home page).➤ Enter your registration details and complete the email and/or phone verification.

This is the most popular trading platform in the Asian market, which has How to buy ethereum classic gained good positions in Europe. If you are at least partially familiar with the world of cryptocurrencies, you have probably heard about Binance. At the moment, it is the leading crypto exchange in terms of trading volume. Binance has a section for spot, margin and P2P trading, there are futures and the ability to enter into OTC transactions.

ETC would have to increase by 15.56% to hit our $ 18.44 target within the next five days. Moving forward, it will be important to monitor the ETC market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. It uses a Proof of Work (PoW) consensus mechanism, similar to Bitcoin, to secure the network and validate transactions. Ethereum Classic supports smart contracts and decentralised applications (dapps), enabling a wide range of use cases. Some users consider buying Ethereum Classic to participate in its ecosystem or engage with its historical blockchain integrity.

To do this, navigate to the Ethereum Classic trading pair, such as ETC/USD, ETC/BTC, and place your buy order. You can choose a market order for an instant purchase at the current price, or a limit order to set a price you’re willing to pay. After completing the purchase, it’s essential to transfer your Ethereum Classic to a secure wallet for safekeeping. You can fund your account with fiat currencies like USD or EUR, or use other cryptocurrencies such as Bitcoin or Ethereum. Depending on the platform, you can deposit via bank transfer, credit card, or by transferring crypto from another wallet.

The RSI 14 for Ethereum Classic is at 43.37, suggesting that ETC is currently neutral. Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Ethereum Classic is positioned in the market right now.

Currently, Ethereum Classic is trading above the SMA 50 trendline, which is a bullish signal. The sentiment in the Ethereum Classic markets is currently Bearish, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 15.49, $ 15.11 and $ 14.80, while $ 16.18, $ 16.49 and $ 16.87 are the key resistance levels. The Ellipal firmware update enhances security (fixes vulnerabilities), adds support for new cryptocurrencies and tokens, and optimizes the interface and operational stability.

We are using Bitget for this demonstration, but most centralized platforms follow a similar flow, barring maybe a few minor changes here and there. Really nice.Fast delivery, good online tutorials, the cold wallet has support for multiple apps and also supports ‘staking’ using Ledger Live. The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold.

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