ZClassic Market Capitalization Achieves $3.01 Million (ZCL)

ZClassic (ZCL) traded 3.3% lower against the dollar during the one day period ending at 12:00 PM ET on January 20th. In the last week, ZClassic has traded 15.9% higher against the dollar. One ZClassic coin can now be purchased for $0.32 or 0.00000360 BTC on cryptocurrency exchanges. ZClassic has a total market cap of $3.01 million and approximately $742.00 worth of ZClassic was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded down 4.9% against the dollar and now trades at $354.70 or 0.00393819 BTC.
• Horizen (ZEN) traded 8.8% lower against the dollar and now trades at $10.19 or 0.00011316 BTC.
• Pirate Chain (ARRR) traded down 15.8% against the dollar and now trades at $0.41 or 0.00000460 BTC.
• Bitcoin Gold (BTG) traded down 5% against the dollar and now trades at $1.18 or 0.00001307 BTC.
• Komodo (KMD) traded 0.8% lower against the dollar and now trades at $0.0251 or 0.00000028 BTC.

ZClassic Coin Profile

ZClassic (ZCL) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on November 6th, 2016. ZClassic’s total supply is 9,287,024 coins. 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. ZClassic’s official website is zclassic.org.

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/”

Buying and Selling ZClassic

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

ZCL/USD price chart by TradingView