ZClassic Price Hits $0.50 on Top Exchanges (ZCL)

ZClassic (ZCL) traded 16.6% lower against the dollar during the one day period ending at 12:00 PM E.T. on November 29th. Over the last seven days, ZClassic has traded up 6.4% against the dollar. One ZClassic coin can now be purchased for about $0.50 or 0.00000552 BTC on exchanges. ZClassic has a total market cap of $4.65 million and $1.05 thousand worth of ZClassic was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded down 0.9% against the dollar and now trades at $461.42 or 0.00508608 BTC.
• Horizen (ZEN) traded down 5.8% against the dollar and now trades at $10.78 or 0.00011885 BTC.
• Pirate Chain (ARRR) traded 11.6% lower against the dollar and now trades at $0.33 or 0.00000360 BTC.
• Bitcoin Gold (BTG) traded down 8% against the dollar and now trades at $0.57 or 0.00000628 BTC.
• Komodo (KMD) traded 4% higher against the dollar and now trades at $0.0406 or 0.00000045 BTC.

ZClassic Coin Profile

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 website for ZClassic is zclassic.org. ZClassic’s official message board is t.me/zclassicce_announcement. ZClassic’s official Twitter account is @zclassiccoin and its Facebook page is accessible here. The Reddit community for ZClassic is https://reddit.com/r/zclassic and the currency’s Github account can be viewed 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/”

ZClassic Coin Trading

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

ZCL/USD price chart by TradingView