Creditcoin (CTC) Market Cap Hits $76.78 Million

Creditcoin (CTC) traded 2.2% lower against the dollar during the 1 day period ending at 7:00 AM E.T. on April 30th. Creditcoin has a total market cap of $76.78 million and approximately $3.62 million worth of Creditcoin was traded on exchanges in the last day. In the last week, Creditcoin has traded 0.2% higher against the dollar. One Creditcoin coin can now be purchased for $0.14 or 0.00000189 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• IOTA (MIOTA) traded 5.2% lower against the dollar and now trades at $0.0544 or 0.00000072 BTC.
• Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001315 BTC.
• Electroneum (ETN) traded 0.6% lower against the dollar and now trades at $0.0010 or 0.00000001 BTC.
• The Transfer Token (TTT) traded 18.6% lower against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Verasity (VRA) traded 7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Meter Governance (MTRG) traded 1.7% lower against the dollar and now trades at $0.0213 or 0.00000028 BTC.

Creditcoin Profile

CTC uses the hashing algorithm. Its launch date was April 4th, 2019. Creditcoin’s total supply is 549,564,264 coins and its circulating supply is 535,658,812 coins. Creditcoin’s official Twitter account is @creditcoin and its Facebook page is accessible here. Creditcoin’s official message board is creditcoin.org/blog. The Reddit community for Creditcoin is https://reddit.com/r/creditcoin and the currency’s Github account can be viewed here. The official website for Creditcoin is creditcoin.org.

According to CryptoCompare, “Creditcoin is a decentralized credit network that aims to make the bridge between investors and fundraisers. The platform will allow miners (investors) to earn the platform tokens by providing capital to clients, on the other hand, the clients will raise capital by paying Creditcoin to the miners. As the whitepaper reads:”An investment in the Creditcoin network will start by matching offers from investors and fundraisers. A fundraiser will post seeking an amount, interest rate, and collateral. Additionally, the fundraiser will add some amount of Creditcoin to the offer. If is there an investor with matching conditions, the fundraiser and the investor announce the deal to the Creditcoin network. The system verifies the deal’s completion by confirming the exchange of collateral and investment. Once validated, the system sends the CreditCoin attached to the investment to the investor.”Furthermore, miners will be able to select credit history parameters to be protected against various risk models. Telegram, Discord, Reddit, MediumWhitepaper”

Buying and Selling Creditcoin

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

CTC/USD price chart by TradingView