The open-source, decentralised, and distributed cryptocurrency known as Ethereum Classic coin is an extension of the Ethereum platform. It was co-developed by the Ethereum Foundation and Vitalik Buterin, and it was initially referred to as Ethereum. It was created in 2015 following the DAO hack. Unlike Bitcoin, Ethereum allows people to perform smart contracts without requiring a central authority. Ethereum Classic price fluctuations affect the cost of execution of smart contracts. Ethereum Classic functions by managing accounts and balances in a system called state transitions. All applications are fully cross-compatible between the Ethereum Classic and Ethereum Foundation networks.
How To Buy Ethereum Classic or Add it to your Strategy
The fastest, most convenient way to purchase Ethereum Classic is to purchase it on ICONOMI. We check Ethereum Classic live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Ethereum Classic by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Ethereum Classic is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Ethereum Classic, we recommend you read the next section, as copying might be a better approach.
Add Ethereum Classic to your portfolio by copying a Strategy
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Ethereum Classic in their structure.