ZClassic Price Reaches $0.20 on Exchanges (ZCL)

ZClassic (ZCL) traded up 13% against the US dollar during the 24 hour period ending at 13:00 PM E.T. on June 9th. One ZClassic coin can now be bought for $0.20 or 0.00000328 BTC on popular cryptocurrency exchanges. Over the last week, ZClassic has traded down 22.1% against the US dollar. ZClassic has a market cap of $1.86 million and $741.84 worth of ZClassic was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded down 2.9% against the dollar and now trades at $435.64 or 0.00714556 BTC.
• Horizen (ZEN) traded down 5.7% against the dollar and now trades at $4.27 or 0.00007004 BTC.
• Pirate Chain (ARRR) traded 1.4% higher against the dollar and now trades at $0.28 or 0.00000460 BTC.
• Bitcoin Gold (BTG) traded up 2.6% against the dollar and now trades at $0.34 or 0.00000555 BTC.
• Komodo (KMD) traded 40.3% lower against the dollar and now trades at $0.0269 or 0.00000044 BTC.

ZClassic Profile

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 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 message board is t.me/zclassicce_announcement. 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/Telegram, Discord, BitcoinTalk, RedditWhitepaper”

Buying and Selling ZClassic

It is usually not currently 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 Changelly, Coinbase 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