ZClassic Price Reaches $0.16 (ZCL)

ZClassic (ZCL) traded down 2.3% against the dollar during the 24-hour period ending at 11:00 AM Eastern on July 19th. ZClassic has a market capitalization of $1.49 million and approximately $741.84 worth of ZClassic was traded on exchanges in the last day. Over the last week, ZClassic has traded down 6.2% against the dollar. One ZClassic coin can now be purchased for approximately $0.16 or 0.00000248 BTC on major exchanges.

Here is how other cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded down 0.5% against the dollar and now trades at $553.84 or 0.00858876 BTC.
• Horizen (ZEN) traded 0% lower against the dollar and now trades at $4.17 or 0.00006459 BTC.
• Pirate Chain (ARRR) traded 0.3% higher against the dollar and now trades at $0.22 or 0.00000334 BTC.
• Bitcoin Gold (BTG) traded down 10% against the dollar and now trades at $0.18 or 0.00000279 BTC.
• Komodo (KMD) traded down 81.7% against the dollar and now trades at $0.0229 or 0.00000035 BTC.

ZClassic Coin 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 website is zclassic.org. 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. 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 U.S. dollars. Investors seeking to acquire ZClassic should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. 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