Introduction to Ethereum Classic (ETC)
Ethereum Classic (ETC) is a continuation of the original Ethereum blockchain, born from a hard fork in 2016 triggered by The DAO incident.The ETC community adheres to the principle of “code is law,” preserving the immutability of the original chain. Unlike the post-fork Ethereum (ETH), ETC continues to use the Proof-of-Work (PoW) consensus algorithm and features a halving mechanism similar to Bitcoin’s, whereby block rewards are reduced by approximately 20% every 2.5 years.
How to Buy and Sell ETC
ETC is primarily bought and sold through the following channels:
- Centralized Exchanges (CEX): This is the most common method of buying and selling.Users must register an account on their chosen exchange and complete identity verification (KYC). Afterward, they can deposit fiat currency (such as U.S. dollars or euros) via bank transfer, credit card, or debit card, then select trading pairs like ETC/USD or ETC/USDT to buy or sell. Once the transaction is complete, fiat funds can be withdrawn to a bank account.
- Built-in Services in Cryptocurrency Wallets: Some cryptocurrency wallets that support ETC are integrated with third-party payment service providers, allowing users to purchase ETC directly within the wallet interface using a debit or credit card, thereby simplifying the process.
- Cryptocurrency ATMs: In some regions, users can also buy or sell ETC using cash or bank cards at cryptocurrency ATMs that support ETC.
Exchanges Supporting ETC Trading
ETC is listed on multiple cryptocurrency exchanges worldwide. As of September 29, 2026, according to publicly available market data, the following are some centralized exchanges that support ETC trading:
- Binance
- OKX
- Poloniex
- Gate
- CoinUp.io
- BitDelta
- FameEX
- Azbit
- Aivora Exchange
- WEEX
- Upbit
- BTCC
- WhiteBIT
- CoinW
- Biconomy.com
It should be noted that decentralized exchanges (DEXs) are not the primary trading venues for ETC; currently, trading volume for ETC on DEXs is close to zero.
ETC’s History and Technical Features
ETC originated from the 2016 The DAO hack.At that time, the Ethereum community voted to roll back transactions via a hard fork in order to recover the stolen funds, resulting in the creation of a new Ethereum (ETH). Meanwhile, miners and community members who upheld the principle of blockchain immutability continued to maintain the original chain, known as Ethereum Classic (ETC).
The ETC network uses a Proof-of-Work (PoW) consensus mechanism, with miners competing to pack blocks to maintain network security and decentralization. Its security was significantly enhanced following the 51% attack in 2020, and developers have since removed the security features that were added at the time to counter the attack.ETC’s halving mechanism is designed to control the total token supply, with a maximum supply capped at 210 million.
ETC’s Market Performance
As of September 27, 2026, ETC’s market performance is as follows:
- Current Price: Approximately $9.38 per ETC.
- 24-hour trading volume: Approximately $50.7461 million.
- Market Capitalization: Approximately $1.501 billion.
- Circulating Supply: Approximately 158.3 million ETC.
- All-time high: Reached $176.15769168 on May 6, 2021.
- All-time low: Dropped to $0.45244601368904114 on July 25, 2016.
Before trading, investors are advised to verify the latest prices and project information on market data platforms such as Svmuu to ensure that decisions are based on real-time data.
The information regarding trading platforms in this article is subject to change based on the listing and delisting activities of each exchange; please refer to the exchanges’ official announcements for the most up-to-date information.
