Creditcoin Market Cap Hits $122.88 Million (CTC)

Creditcoin (CTC) traded 0.4% higher against the U.S. dollar during the 1 day period ending at 11:00 AM Eastern on December 19th. Creditcoin has a market cap of $122.88 million and $734.25 thousand worth of Creditcoin was traded on exchanges in the last 24 hours. During the last week, Creditcoin has traded 15.8% lower against the U.S. dollar. One Creditcoin coin can currently be purchased for $0.24 or 0.00000273 BTC on popular cryptocurrency exchanges.

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

• IOTA (MIOTA) traded 1.5% lower against the dollar and now trades at $0.0883 or 0.00000100 BTC.
• Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001131 BTC.
• Electroneum (ETN) traded down 2.5% against the dollar and now trades at $0.0013 or 0.00000001 BTC.
• Verasity (VRA) traded 6.2% lower against the dollar and now trades at $0.0002 or 0.00000000 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 4.7% against the dollar and now trades at $0.0313 or 0.00000035 BTC.
• SOLVE (SOLVE) traded up 0.2% against the dollar and now trades at $0.0002 or 0.00000000 BTC.

About Creditcoin

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 510,507,831 coins. The official message board for Creditcoin is creditcoin.org/blog. Creditcoin’s official website is creditcoin.org. Creditcoin’s official Twitter account is @creditcoin and its Facebook page is accessible here. The Reddit community for Creditcoin is https://reddit.com/r/creditcoin and the currency’s Github account can be viewed 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 presently possible to purchase alternative cryptocurrencies such as Creditcoin directly using US dollars. Investors seeking to trade Creditcoin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Creditcoin using one of the aforementioned exchanges.

CTC/USD price chart by TradingView