How to Buy Ethereum Classic

Best places to buy ethereum classic

Where to buy ethereum classic cryptocurrencyIf you are looking to buy ethereum classic then check out the prices at these exchanges which all accept customers from United States. Prices can vary quite significantly between exchanges and are constantly changing so the below is just a guide from the last few minutes. For more information on these exchanges and other exchanges for buying ethereum classic or other cryptocurrencies in United States then please scroll down to the Exchanges Info Section which highlights the differences between them.

Buying ethereum classic in United States

Buying ethereum classic in United StatesThe United States is progressively regulating the crypto sphere. However, there seems to be some split in approach to cryptocurrency. On one hand, some states continue to pass laws which aim to stimulate the economy, attract investment, or encourage tech development, while others have either passed restrictive crypto asset and investment regulations, or have suggested to do so. The state of New York, for example, requires companies to acquire “BitLicenses” in order to operate virtual currency businesses, and even issued a “greenlist” of accepted virtual currencies. On a federal level, there is a large amount of crypto regulation from various bodies, meaning lots of overlapping jurisdictions and different opinions on crypto. Although U.S. crypto banking seems undeveloped, it is making slow progress. A large crypto exchange, Kraken, stated that it became the first U.S. digital asset company with a bank charter, recognized under both federal and state law, in 2020.
As of 20/03/2021

Ethereum Classic (ETC) Key Data
Price $
34.46
24hr %
-9.34%
Mkt Cap $
3,475.96b
24hr High
39.50
24hr Low
25.09
A network split off Ethereum in 2016, after the DAO hack. The Ethereum Classic network remained available to miners, by deciding not to implement a difficulty increase algorithm. The network is considered highly insecure due to its low mining activity, and has fallen prey to multiple 51% attacks and double spending.
Ethereum Classic on WebsiteEthereum Classic on TwitterEthereum Classic on RedditEthereum Classic on DiscordEthereum Classic on Telegram

Exchanges Info

These exchanges all accept customers from United States. While they broadly offer the same services and you can buy ethereum classic at all of them, there can be differences in transaction fees, security, verification requirements, deposit methods and features, as shown below

Kraken

Kraken has a good reputation for security and protection of your funds and operates across the USA (except NY), Canada, the EU and Japan

Pros
  • It can be used to trade against fiat options
  • Robust security measures
  • Free SEPA deposits in Europe
Cons
  • Not a very beginner-friendly interface.
  • No card deposit options
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eToro

An Israeli fintech startup well known as a social trading broker, eToro has now over 10 million users worldwide. If you want to trade CFDs of most popular stocks, gold, shares or commodities as well as some crypto eToro is an interesting choice.

Pros
  • Fully regulated financial institution
  • Free stock and ETF trading
  • Ability to follow expert traders
Cons
  • Fees (spreads) are high
  • Only USD as base currency
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