Once again we share the good news with you — there is a new listing on the exchange. Today, Ethereum Classic (ETC) has been added to KickEX, and traders’ arsenal was updated with another instrument for trading — ETC/USDT pair.
What is this coin?
Ethereum was the biggest hype of 2017, and it was widely regarded as the Bitcoin killer. Smart contracts made it possible to bring a huge amount of functionality from traditional markets to the world of cryptocurrencies. But then came the crisis, hackers attacked the network, and millions of dollars were stolen.
It was decided to make changes to the main Ethereum network in the form of DAO, a nascent corporate revolution in the crypto world. In a nutshell, DAO is a set of protocols that allows the community to make consensus decisions based on pre-written rules.
Part of the Ethereum community resisted such a decision and “branched off” into a separate blockchain in the form of a fork. This is how Ethereum Classic came about. It had a strong team at its origins. For example, Dexaran is a famous developer of smart contracts.
Why is it worth trading ETC?
Ethereum Classic is hype and volatile altcoin. It often gets dumped because of the prominence of its “big brother,” Ethereum. For example, in April 2021, when its price rose from $7 to $120! And ETC’s daily trading volumes reach almost a billion dollars.
At the moment, its capitalization is 7 billion dollars, and it is 31st in CoinMarketCap rating.
Now, this coin is already available on KickEX, you can trade without running from exchange to exchange and without paying unnecessary fees.