Last updated：--
View ChartEthereum Classic (ETC) is an open-source, decentralized, blockchain-based distributed cryptocurrency platform that runs smart contracts. Ethereum Classic was established in 2016 after the decentralized autonomous organization (DAO), which used smart contracts operating on the Ethereum blockchain, was hacked. ETC is the continuation of the original Ethereum chain that launched on 30 July 2015 (Frontier); it was renamed Ethereum Classic after the July 2016 DAO hard fork. The original blockchain was split in two, with the majority of users choosing to reverse the hack and return the stolen funds. Ethereum Classic and Ethereum are rooted in the same code but differ in both technical design and philosophy — ETC upholds the principle that 'code is law' and refuses to alter the ledger, while Ethereum chose to reverse the DAO theft. ETC has a max supply of 210,700,000, with a circulating supply of about 158.71M (roughly 75.33% of max supply). Its market cap is about $1.31B and fully diluted valuation about $1.74B. Contract address: 0x3d65...e3c25e (as listed on CoinMarketCap); transactions can be verified on the official explorer at etc.blockscout.com.
One of the most significant differences between the two is that Ethereum Classic retained the proof-of-work mechanism and competitive reward system that Ethereum used prior to the merge. ETC is secured by proof-of-work, so new ETC is issued to miners; Ethereum moved to proof-of-stake in 2022, so new ETH is issued to validators instead. ETC is now the largest proof-of-work smart contract platform.
Another difference is that Ethereum Classic has a fixed monetary policy with a supply cap of 210,700,000. Every five million blocks, the Ethereum Classic blockchain enters a new '5M20' era, in which block rewards are reduced by 20%. The most recent era transition (5M20 Era 5) took place on 30 May 2024 at block 20,000,001. Era transitions occur every 5 million blocks, so the interval varies with network hashrate. Circulating supply is 158.71M ETC, about 75.33% of the 210.7M max supply.
ETC uses EVM Chain ID 61 and BIP-44 Coin Index 61, and runs EVM 61 bytecode. With the Olympia upgrade, the full Ethereum developer toolchain (Hardhat, Foundry, wagmi, viem, ethers.js) works on ETC without modification.
ETC's future looks less promising than Ethereum's, since Ethereum remains the more popular of the two networks. In the author's view, this is reflected in market data such as ETC's market cap ranking of #55 (CoinMarketCap) and its YTD price performance of -25.23% (Yahoo Finance CAD).
The blockchain and cryptocurrency have failed to gain much traction in the market and have lost market share to other cryptocurrencies, notably Bitcoin. ETC continues to be traded on 734 active markets and mined by the crypto community. The blockchain and cryptocurrency still have a solid base of traders and fans.
Like Ethereum, ETC has a process for proposing improvements. Since its hard fork, it has undergone several upgrades, such as becoming compatible with Ethereum's latest changes. Despite this, it is possible that the blockchain and cryptocurrency will continue to compete in this area.
Investing in ETC carries risks, including price volatility, changing regulatory policies, and technical risks associated with blockchain networks. The statements above about ETC's future outlook are opinions and should not be treated as facts.
The easiest way to buy ETC is through a crypto exchange. ETC is traded on major exchanges under the ticker ETC, with pairs such as ETC/USD; always verify an exchange's licensing and custody practices before buying. You can verify ETC transactions on the official explorer at etc.blockscout.com; ETC is held in ETC-compatible wallets, and can be mined via mining pools listed in the project's community resources.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose Ethereum Classic products that suit your trading style
ETCUSDTZero slippage, ultra-fast matching, supports large spot transactions seamlessly, ideal for long-term asset allocation and spot accumulation.
TradeETCUSDTIndustry-low fees, supports up to 50x leverage. Go long or short flexibly to capture intraday market movements.
TradeAs of right now, the live price of Ethereum Classic (ETC) is CA$9.463633. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated ETC to USD rate at the top of BTCC’s price page. In terms of market scope, Ethereum Classic records a 24h trading volume of CA$37.562653M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of CA$1.524094B. Its current circulating supply stands at 158.99M out of a maximum supply cap of 210.7M.
The price volatility of Ethereum Classic (ETC) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (158.99M) to max supply (210.7M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Ethereum Classic (ETC) hit an all-time high (ATH) of CA$251.021187 on 2021-05-06 18:35, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at CA$0.644727 on 2016-07-25 16:45. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading ETC futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (CA$37.562653M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s ETCUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Ethereum Classic, simply log into your BTCC account with USDT margin available, navigate to the ETCUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for ETCUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: CA$9.463633), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for ETCUSDT with zero financial risk.
Trading Ethereum Classic (ETC) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for ETCUSDT, and review its live price (CA$9.463633) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
ETC/EUR
ETC/CAD
ETC/GBP
ETC/KRW
ETC/JPY
ETC/AUD
ETC/SGD
ETC/CHF
ETC/INR
ETC/TRY
ETC/USD
ETC/CNY
ETC/VND
ETC/TWD
ETC/NZD
ETC/SAR
Bitcoin
Ethereum
Tether USDt
BNB
XRP
Solana
Dogecoin
Cardano
Avalanche
