ZClassic Price Reaches $0.23 on Exchanges (ZCL)

ZClassic (ZCL) traded up 2.3% against the dollar during the 24-hour period ending at 11:00 AM Eastern on August 24th. ZClassic has a total market capitalization of $2.16 million and approximately $741.84 worth of ZClassic was traded on exchanges in the last 24 hours. One ZClassic coin can currently be purchased for approximately $0.23 or 0.00000291 BTC on popular cryptocurrency exchanges. In the last week, ZClassic has traded 33.9% higher against the dollar.

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

• Zcash (ZEC) traded 0.8% higher against the dollar and now trades at $851.42 or 0.01066274 BTC.
• Horizen (ZEN) traded down 0.5% against the dollar and now trades at $5.56 or 0.00006963 BTC.
• Pirate Chain (ARRR) traded up 2.2% against the dollar and now trades at $0.22 or 0.00000281 BTC.
• Bitcoin Gold (BTG) traded 2.6% higher against the dollar and now trades at $0.51 or 0.00000639 BTC.
• Komodo (KMD) traded up 702.4% against the dollar and now trades at $0.0589 or 0.00000074 BTC.

ZClassic Coin Profile

ZClassic (CRYPTO:ZCL) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was November 6th, 2016. ZClassic’s total supply is 9,287,024 coins. The official website for ZClassic is zclassic.org. The Reddit community for ZClassic is https://reddit.com/r/zclassic and the currency’s Github account can be viewed here. ZClassic’s official Twitter account is @zclassiccoin and its Facebook page is accessible here. The official message board for ZClassic is t.me/zclassicce_announcement.

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 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 Gemini, GDAX or Coinbase. 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