Unless you’ve been living under a rock, you’d know about
Ethereum, which is the second most valuable cryptocurrency in the world. So, you
must know about Ethereum Classic, which is currently ranked as the 5th biggest
You must wonder what is the difference between Ethereum and
Ethereum Classic and where to buy the last one.
What is the difference between Ethereum Classic and
Ethereum Classic (ETC) is a fork of Ethereum (ETH). In fact,
The Ethereum platform has been forked into two versions, which are Ethereum
Classic (ETC) and Ethereum (ETH). First, the cryptocurrency was named Ethereum,
but after the fork, the original Ethereum’s token was renamed Ethereum Classic
(ETC), and the new cryptocurrency kept the name Ethereum (ETH). So, Ethereum
Classic (ETC) is the original Ethereum, and Ethereum (ETH) has a new feature
for rollback blocks (or transactions).
How to buy Ethereum
First, you must get an ETC wallet, which can be a mobile
wallet, web wallet or a hardware wallet. There are many digital wallets, but
you must use a wallet that allows you to send and receive Ethereum Classic
(ETC). For example, you can use a multi-currency wallet (which is a digital
wallet that accepts several cryptocurrencies) such as Coinomi, which is a
mobile wallet for Android.
Also, you can use ClassicEtherWallet CX (a Chrome extension)
to hold Ethereum Classic (ETC) with ease because this digital wallet can be
used as a local lite wallet.
A hardware wallet is the safest way to store your
cryptocurrency because it can’t be hacked. Ledger Nano S is a hardware wallet,
which allows you to store your Ethereum Classic tokens.
Where to buy Ethereum
There are some platforms where you can buy Ethereum Classic
with ease such as eToro. You can use eToro to buy and sell Ethereum Classic for
There are some exchanges where you can buy Ethereum Classic
such as Poloniex, Binance, Gemini, Bitfinex, and Kraken. In Poloniex and
Binance you can trade Bitcoin (BTC) for Ethereum Classic (ETC). In Kraken,
Gemini, Bitfinex, and Bitfinex you can buy Ethereum Classic with fiat currency.
Gemini is an exchange based in New York. You can buy
Ethereum Classic if you are U.S. citizen. This exchange also serves Canada,
some Europeans countries, Hong Kong, Japan, and Korean.
Bitfinex is a cryptocurrency exchange trading and
currency-storage platform, owned and operated by iFinex Inc.
Kraken is an exchange based in Europe. It is a good option to buy Ethereum Classic
if you live there, and you want to buy a large amount of Ethereum Classic
Another way is to buy Bitcoins and transfer them to Binance
(the world’s largest cryptocurrency exchange) to trade them for Ethereum
Also, you can use Poloniex to trade ETC. Poloniex is a
US-based digital asset exchange offering maximum security and advanced trading
features, and it is the most popular exchange.
As you can see, you can buy Ethereum Classic (ETC) with