ZClassic Price Up 12.1% This Week (ZCL)

ZClassic (ZCL) traded 29.5% higher against the U.S. dollar during the 1-day period ending at 12:00 PM ET on November 25th. ZClassic has a total market capitalization of $5.20 million and $448.74 worth of ZClassic was traded on exchanges in the last day. One ZClassic coin can now be purchased for $0.56 or 0.00000643 BTC on major cryptocurrency exchanges. During the last seven days, ZClassic has traded 12.1% higher against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded down 12.2% against the dollar and now trades at $491.56 or 0.00564565 BTC.
• Horizen (ZEN) traded up 1.1% against the dollar and now trades at $12.35 or 0.00014181 BTC.
• Pirate Chain (ARRR) traded down 2.5% against the dollar and now trades at $0.36 or 0.00000411 BTC.
• Bitcoin Gold (BTG) traded 14.1% lower against the dollar and now trades at $1.14 or 0.00001312 BTC.
• Komodo (KMD) traded down 0.6% against the dollar and now trades at $0.0389 or 0.00000045 BTC.

ZClassic Coin Profile

ZClassic (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. ZClassic’s official Twitter account is @zclassiccoin and its Facebook page is accessible here. The official website for ZClassic is zclassic.org. The official message board for ZClassic is t.me/zclassicce_announcement. The Reddit community for ZClassic is https://reddit.com/r/zclassic and the currency’s Github account can be viewed here.

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/”

Buying and Selling ZClassic

It is usually not currently 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 GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy ZClassic using one of the exchanges listed above.

ZCL/USD price chart by TradingView