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How to buy Ethereum Classic(ETC) Guide

Updated on:  2023/12/04 16:48:51(UTC+0)
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Are you interested in purchasing cryptocurrency but unsure about the process? Don't worry! Bitget provides numerous options to assist you. With Bitget, you can effortlessly buy Ethereum Classic (ETC) with the utmost security and lowest fees. Begin your seamless journey of purchasing your first Ethereum Classic using Bitget today!
1

Buying Ethereum Classic on Bitget

Create a free account on the Bitget site or app.

Your Bitget account acts as a gateway to buying crypto. But before you can buy Ethereum Classic (ETC), you’ll need to open an account and verify your identity.
Register via the Bitget app for iOS or Android
Register via the website using your email or mobile number
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Register via the Website using your Email or Mobile Number
2

Choose how you want to buy the Ethereum Classic (ETC) asset.

Click on the Buy Crypto link on the top left of the Bitget website navigation, which will show the available options for Ethereum Classic in your region. Bitget offers several purchase options:
Hint: To have a wider variety of payment methods, you can consider buying a stablecoin like USDT first and then use that coin to buy Ethereum Classic (ETC) on the spot market.
3

Explore the available options now:

Option 1 — Debit/Credit Card: If you are a new user, this is the easiest option for buying Ethereum Classic. Bitget supports both Visa and Mastercard.
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How to Buy Crypto using Debit - Credit Card
Option 2 — P2P Trading With 0 Fees: P2P trading enables direct transactions between private buyers and sellers, eliminating the need for intermediaries. This method provides a convenient and cost-effective way to buy cryptocurrencies. Explore the P2P trading feature to take advantage of zero-fee Ethereum Classic and other crypto purchases.
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Buying Crypto via P2P
Option 3 — Third-Party Payment: Buy crypto from a third-party provider. The supported third-party service providers include Mercuryo, Xanpool, and Banxa. Bitget has carefully selected a number of service providers with trusted industry reputation, popularity, and security to provide users with streamlined services.
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How to Deposit EUR & GBP Using SEPA
4

Complete the purchase of Ethereum Classic

Check the payment details or fees for your selected purchasing method. If they suit you, follow our user-friendly buying process on our app or website.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Ethereum Classic Price Page and bookmark them to stay updated!
Ethereum Classic
ETC / USDT
$19.74
+0.15
+0.81%24H
The live Ethereum Classic price today is $19.74 USD with a 24-hour trading volume of $1902673.84 USD. We update our ETC to USD price in realtime. ETC is 0.81% in the last 24 hours.
Are you planning to buy ETC?
See if other users are buying ETC:
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A welcome pack of 1000 USDT for new Bitgetters!
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Bitget: Where The World Trades Ethereum Classic

Seamlessly blending cutting-edge technology with user-friendly design, Bitget offers a secure platform for buying Ethereum Classic and taking advantage of its unparalleled potential. With top-tier security features, including robust encryption and cold storage solutions, your investments are safeguarded at every step. Experience the thrill of trading with high liquidity, enabling smooth transactions and precise execution. Our intuitive interface empowers both new and experienced traders to harness the power of crypto, while our responsive customer support ensures you're never alone on your journey. Benefit from competitive fees, comprehensive educational resources, and a range of services that cater to various trading strategies. Join Bitget today, and embrace the future of digital finance with confidence.
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Fast

Bitget’s world-class matching engine supports up to 1,400,000 orders per second. This ensures that your crypto trading experience is quick and reliable.

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Simple

Trading crypto on Bitget is easy and intuitive. You only need a few steps to buy Ethereum Classic instantly.

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Secure & Trusted

Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and SAFU (Secure Assets Fund for Users) insurance fund protect your account.

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Liquid

Bitget is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs.

Trade smarter

A welcome pack of 1000 USDT for new Bitgetters!

What to Do After I Buy Ethereum Classic

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.
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Store/Hold Ethereum Classic

Many users hold on to their Ethereum Classic with the expectation of it increasing in value. You can store your ETC safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

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Trade Ethereum Classic

You can trade Ethereum Classic for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Ethereum Classic trading to meet your needs.

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Send Ethereum Classic

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Ethereum Classic online and send to anyone and anywhere with their Ethereum Classic address.

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Spend Ethereum Classic

You can also buy goods and services with your Ethereum Classic. More and more vendors and retailers accept Ethereum Classic every day.

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Donate Ethereum Classic

Bitget Charity accepts Ethereum Classic donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Ethereum Classic so no one misses out on the growth made possible by blockchain.

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Learn More About Ethereum Classic

You can read more in-depth articles on Ethereum Classic from Bitget Research and study how cryptocurrencies like Ethereum Classic work on Bitget Academy

Or still haven't decided if you want to buy Ethereum Classic?

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Ethereum Classic facts from our Bitget Academy articles. Learn why people buy Ethereum Classic today!

What is Ethereum Classic (ETC)?

A major exploitation happened on the Ethereum blockchain in 2016, resulting in a loss of 3.6 million ETH, which amounted to roughly USD 60 million that year and might cost billions of USD today. The hack caused massive repercussions in the whole crypto industry: investors were panicked and sold off, while crypto-critics were putting blockchain on full blast and Ethereum developers were scurrying to find a way to solve the problem since they had only 28 days before the hackers could completely cash out the 5% total supply of ETH in circulation that were stolen.

Then came a solution: reverting the Ethereum blockchain to before the hack happened, so that those who were affected by the exploit got to keep their money and everything went on as if the unfortunate event had never happened. The solution was approved by the majority of voter-miners and was endorsed by Vitalik Buterin, the creator of the chain. Therefore, Ethereum was reversed and the hack did not exist on the new hard fork, which has then become the main Ethereum, while the original chain that still contains the theft has then been called Ethereum Classic.

Ethereum Classic, despite being less popular than its brother, is supported by many who have the mentality “Code is King” and think that the immutability of blockchain needs to be maintained at all costs. Ethereum Classic supporters consider the reverse of the exploit goes against what blockchain stands for and compromises the quintessential security of the technology. Security is also the very reason why they choose to stick with PoW after Ethereum moves to PoS. On the Ethereum Classic website, the developers claim that PoW is more secure because they have a 50% fault tolerance while it takes only a 33% fault tolerance to influence a PoS network. That being said, Ethereum Classic suffered multiple 51% attacks in 2019 and 2020.

How Ethereum Classic (ETC) Works

Ethereum Classic and Ethereum are technically identical until block number 1,920,000, which is the block where the theft was recorded. As Ethereum transitions from PoW to PoS, Ethereum Classics, originally, was planned to support PoS like Ethereum too. But after a few updates and debates, the developers of Ethereum Classic decided to stay with PoW, compromising speed and scalability for security. The team admits that Ethereum Classic is “conservatively run”, committed to the purist’s ideas of blockchain. Though the majority of Ethereum Classic is similar to Ethereum pre-Merge, the significant differences are:

- Prioritization of integrity and security over speed and scalability

- Full replication of data rather than fragmentation of data in Ethereum

- The token of Ethereum Classic, ETC, having a hard cap, unlike Ethereum’s ETH, to ensure property rights of holders

The PoW consensus mechanism that Ethereum Classic adopts is criticized by many to consume too much energy and be too slow to process daily transactions. Yet, the supporters rebuke with the claim that PoW enables the network to be much safer, and therefore, it is ideal to be used as a layer 1 to process bulks of transactions and Ethereum can be used as a layer 2 to group together transactions to send to Ethereum Classic.

How Many ETC Tokens Are There in Circulation?

Different from ETH which does not have a predetermined total supply, ETC has a total supply of 210,700,000. The hard cap of ETC was voted on 5 months after its launch. At the moment, the circulating supply of ETC is 137,012,968.83.

ETC block rewards for miners decrease over time. Since April 2022, the reward for mining one Ethereum Classic block is 2.56 ETC.

How to Buy Ethereum Classic (ETC)

Consider investing in Ethereum Classic (ETC)? It only takes 2 minutes to create an account on Bitget and start trading ETC.

Check out the available ETC trading pairs on Bitget!

Futures market

ETCUSDT

Spot market

ETCUSDT

ETCBTC

Ethereum Classic Resources

Whitepaper

Official Website

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How to buy Ethereum Classic(ETC) Guide

FAQ
How do I purchase Ethereum Classic?
Nowadays, you can purchase and store Ethereum Classic hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Ethereum Classic. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Ethereum Classic?
In theory, Ethereum Classic can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Ethereum Classic?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Ethereum Classic?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Ethereum Classic?
The best place to buy Ethereum Classic is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Ethereum Classic right now?
You should make a decision on purchasing or investing in Ethereum Classic or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Ethereum Classic online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Ethereum Classic instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Ethereum Classic purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.