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Detailed operation tutorial for purchasing on Ethereum Classic Exchange

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Release: 2024-09-05 14:56:02
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Ether Classic (ETC) can be purchased through an exchange or brokerage platform: Exchange: Register an account on the exchange, deposit funds, find the ETC trading pair, place a purchase order, and confirm the transaction. Brokerage platform: Register an account on the brokerage platform, deposit funds, find ETC, enter the purchase amount, and confirm the transaction.

Detailed operation tutorial for purchasing on Ethereum Classic Exchange

How to Buy Ethereum Classic (ETC)

Ethereum Classic (ETC) is a cryptocurrency that is powered by Ethereum Produced by a fork of the blockchain. To purchase Ethereum Classic, you can do so through an exchange or brokerage platform.

Buy ETC through an exchange

  1. Choose an exchange: Choose a reputable exchange that supports ETC trading. Some popular options include Binance, Coinbase, and Kraken.
  2. Create an account: Sign up for an account at the exchange of your choice and complete the identity verification process.
  3. Deposit funds: Deposit funds into your exchange account. You can do this via bank transfer, credit card or other supported payment methods.
  4. Find the ETC trading pair: On the exchange’s trading page, find the ETC trading pair with the currency you want to use (e.g. USDT, BTC).
  5. Place a purchase order: Enter the quantity and price of ETC you want to purchase. You can choose market or limit orders.
  6. Confirm transaction: Double-check the order details and confirm the transaction.
  7. Wait for the transaction to complete: Once the order is accepted, your purchased ETC will be credited to your exchange account.

Purchase ETC through a brokerage platform

  1. Choose a brokerage platform: Choose a brokerage platform that supports ETC trading. Some popular options include eToro and Robinhood.
  2. Create an account: Sign up for an account with the brokerage platform of your choice and complete the identity verification process.
  3. Deposit funds: Deposit funds into your brokerage platform account. You can do this via bank transfer or credit card.
  4. Find ETC: Find ETC on the brokerage platform and click "Buy".
  5. Enter the purchase amount: Enter the amount or amount of ETC you want to purchase.
  6. Confirm transaction: Double-check the order details and confirm the transaction.
  7. Wait for the transaction to complete: Once the order is accepted, the ETC you purchased will be credited to your brokerage platform account.

Ethereum Classic Price Up 3.6%

Ethereum Classic (ETC) is currently trading at $18.09 with a 24-hour trading volume of $86 million. ETC has gained 3.6% in the past 24 hours, mainly due to positive market sentiment towards the cryptocurrency.

Price Movement Factors

  • Better market sentiment: The overall cryptocurrency market performed well, which provided upward momentum for ETC.
  • Technical indicators are bullish: ETC recently broke above a key resistance level, indicating that the bullish trend remains.

Future Price Trend

If market sentiment continues to remain positive, ETC may continue to rise and break above the $20 mark. However, if market sentiment reverses, ETC could pull back.

Recommended Measures

For investors with risk tolerance, ETC can serve as a potential short-term trading or long-term investment opportunity. It is important to exercise caution and pay close attention to market dynamics.

Short-term forecast

The price of ETC is expected to continue to rise in the short term, but may encounter resistance.

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