What is Ethereum Classic (ETC)?
Ethereum Classic is the continuation of the unaltered history of the original Ethereum chain. The ETC network exists to preserve the principle of "Code is Law". Ethereum Classic allows uncensorable smart contracts to be written, deployed and executed; ETC enables truly unstoppable programmable money. You can buy and sell ETC for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade USDC for ETC the same way you trade CAD for USD. You can also trade ETC to CAD based on the USDC price. To learn how to buy ETC, scroll down to see how to buy Ethereum Classic.
How to buy Ethereum Classic (ETC)?
Here's how to buy Ethereum Classic on Coinsquare
To buy Ethereum Classic, simply follow these steps:
1. Sign up for a Coinsquare account and verify your identity
This is the first step to buying ETC. Verifying your identity helps us to properly connect your funds to your account.
2. Fund your account with Canadian Dollars
Funding is like putting gas into a car – it helps you get where you want to go.
3. After funding, select ETC from the list on the trade section
Coinsquare lets you trade ETC without leaving the app. You can also check the Ethereum Classic price and convert ETC to CAD or USD on the platform.
4. Select a currency you’ve funded and use it to check the ETC price
In the Coinsquare app, all currencies available to trade can be found in the drop down list.
5. Buy Ethereum Classic (ETC)
Congratulations! You’re now the proud owner of ETC. You can either HODL or use it to exchange ETC to CAD.
Where do I keep my Ethereum Classic (ETC)?
At Coinsquare, we offer customers the power of easy transactions and cold storage security. We’re constantly organizing funds to ensure our customers trade instantly and securely. There are different storage options available for your cryptocurrency, your choice should ultimately be the one that suits your needs. Mobile and web wallets can make transactions easy as the currencies are accessible directly from your phone or device, whereas hardware wallets are best suited for secure, long-term storage as they eliminate the vulnerability found in online environments.
Ready to add Ethereum Classic (ETC) to your portfolio?
Create your account, fund it with spare change and get a little bit of ETC.