Creditcoin (CTC) Tops 1-Day Trading Volume of $20.84 Million

Creditcoin (CTC) traded 0.5% lower against the dollar during the 1 day period ending at 11:00 AM ET on April 15th. One Creditcoin coin can now be purchased for approximately $0.57 or 0.00000671 BTC on major exchanges. Creditcoin has a total market capitalization of $257.06 million and $20.84 million worth of Creditcoin was traded on exchanges in the last 24 hours. During the last seven days, Creditcoin has traded 8.8% higher against the dollar.

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

• IOTA (MIOTA) traded 2.5% lower against the dollar and now trades at $0.16 or 0.00000191 BTC.
• Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001173 BTC.
• Electroneum (ETN) traded down 2% against the dollar and now trades at $0.0016 or 0.00000002 BTC.
• Verasity (VRA) traded 1.4% higher against the dollar and now trades at $0.0013 or 0.00000002 BTC.
• The Transfer Token (TTT) traded down 18.6% against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Meter Governance (MTRG) traded down 1.6% against the dollar and now trades at $0.0786 or 0.00000092 BTC.
• SOLVE (SOLVE) traded down 12.8% against the dollar and now trades at $0.0002 or 0.00000000 BTC.

About Creditcoin

Creditcoin 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 449,416,053 coins. 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. The official message board for Creditcoin is creditcoin.org/blog. Creditcoin’s official Twitter account is @creditcoin and its Facebook page is accessible here.

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.”

Creditcoin Coin Trading

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

CTC/USD price chart by TradingView