Creditcoin (CTC) Market Cap Reaches $114.29 Million

Creditcoin (CTC) traded down 1.5% against the US dollar during the 24 hour period ending at 23:00 PM ET on January 24th. One Creditcoin coin can now be bought for about $0.55 or 0.00002435 BTC on popular exchanges. Creditcoin has a market capitalization of $114.29 million and $9.09 million worth of Creditcoin was traded on exchanges in the last day. During the last seven days, Creditcoin has traded down 1.9% against the US dollar.

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

  • Pax Dollar (USDP) traded down 0.4% against the dollar and now trades at $0.99 or 0.00004392 BTC.
  • IOTA (MIOTA) traded 9% lower against the dollar and now trades at $0.22 or 0.00000963 BTC.
  • The Transfer Token (TTT) traded 4.3% lower against the dollar and now trades at $0.14 or 0.00000605 BTC.
  • Verasity (VRA) traded 9.6% lower against the dollar and now trades at $0.0061 or 0.00000027 BTC.
  • Electroneum (ETN) traded up 8.8% against the dollar and now trades at $0.0026 or 0.00000012 BTC.
  • Meter Governance (MTRG) traded down 0.2% against the dollar and now trades at $2.80 or 0.00012351 BTC.
  • SOLVE (SOLVE) traded 5.9% lower against the dollar and now trades at $0.0266 or 0.00000118 BTC.

Creditcoin Coin Profile

Creditcoin uses the hashing algorithm. Its launch date was April 4th, 2019. Creditcoin’s total supply is 599,999,997 coins and its circulating supply is 207,254,279 coins. The official website for Creditcoin is creditcoin.org. The Reddit community for Creditcoin is https://reddit.com/r/creditcoin and the currency’s Github account can be viewed here. Creditcoin’s official Twitter account is @creditcoin and its Facebook page is accessible here. The official message board for Creditcoin is medium.com/creditcoin-foundation.

According to CryptoCompare, “Creditcoin is a decentralized credit network that aims to make the bridge between investors and fundraisers. The platform will allow miners (investors) to earn the platform tokens by providing capital to clients, on the other hand, the clients will raise capital by paying Creditcoin to the miners. As the whitepaper reads:”An investment in the Creditcoin network will start by matching offers from investors and fundraisers. A fundraiser will post seeking an amount, interest rate, and collateral. Additionally, the fundraiser will add some amount of Creditcoin to the offer. If is there an investor with matching conditions, the fundraiser and the investor announce the deal to the Creditcoin network. The system verifies the deal's completion by confirming the exchange of collateral and investment. Once validated, the system sends the CreditCoin attached to the investment to the investor.”Furthermore, miners will be able to select credit history parameters to be protected against various risk models.”

Buying and Selling Creditcoin

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

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