ZClassic (ZCL) Price Up 0.1% Over Last Week

by · The Markets Daily

ZClassic (ZCL) traded 0% higher against the US dollar during the 24 hour period ending at 13:00 PM E.T. on December 3rd. ZClassic has a total market capitalization of $4.46 million and approximately $424.48 worth of ZClassic was traded on exchanges in the last day. One ZClassic coin can now be purchased for about $0.48 or 0.00000518 BTC on major cryptocurrency exchanges. In the last seven days, ZClassic has traded 0.1% higher against the US dollar.

Here is how other cryptocurrencies have performed in the last day:

  • Zcash (ZEC) traded 3% lower against the dollar and now trades at $343.80 or 0.00370932 BTC.
  • Horizen (ZEN) traded 3.9% lower against the dollar and now trades at $9.54 or 0.00010296 BTC.
  • Pirate Chain (ARRR) traded 4.1% higher against the dollar and now trades at $0.29 or 0.00000316 BTC.
  • Bitcoin Gold (BTG) traded 0.8% lower against the dollar and now trades at $0.48 or 0.00000518 BTC.
  • Komodo (KMD) traded 27.6% lower against the dollar and now trades at $0.0279 or 0.00000030 BTC.

About ZClassic

ZClassic (ZCL) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was November 6th, 2016. ZClassic’s total supply is 9,287,024 coins. The official message board for ZClassic is t.me/zclassicce_announcement. ZClassic’s official website is zclassic.org. The Reddit community for ZClassic is https://reddit.com/r/zclassic and the currency’s Github account can be viewed here. ZClassic’s official Twitter account is @zclassiccoin and its Facebook page is accessible here.

According to CryptoCompare, “ZClassic is a cryptocurrency forked from Zcash. It has the exact same features as ZEC, including its private transactions protected by zero knowledge proofs and its Equihash Proof of Stake mining, but with no founder's reward. This founder's reward is currently deducted from mined zcash blocks (20% of all block rewards during the first four years of mining which will amount to 10% of the total zcash supply). By removing this founder's reward ZClassic wants to make mining fair for everyone involved.Block explorer data from https://classic.zcha.in/”

Buying and Selling ZClassic

It is usually not possible to purchase alternative cryptocurrencies such as ZClassic directly using U.S. dollars. Investors seeking to trade ZClassic should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase ZClassic using one of the aforementioned exchanges.

ZCL/USD price chart by TradingView