Creditcoin Price Tops $0.28 on Exchanges (CTC)

Creditcoin (CTC) traded down 1.1% against the U.S. dollar during the twenty-four hour period ending at 12:00 PM E.T. on November 25th. During the last week, Creditcoin has traded 14.3% lower against the U.S. dollar. Creditcoin has a market cap of $143.26 million and $18.83 million worth of Creditcoin was traded on exchanges in the last day. One Creditcoin coin can now be bought for approximately $0.28 or 0.00000326 BTC on popular cryptocurrency exchanges.

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

• IOTA (MIOTA) traded up 1.6% against the dollar and now trades at $0.12 or 0.00000135 BTC.
• Pax Dollar (USDP) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001147 BTC.
• Electroneum (ETN) traded 3.6% lower against the dollar and now trades at $0.0018 or 0.00000002 BTC.
• Verasity (VRA) traded down 4.1% against the dollar and now trades at $0.0003 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 1% against the dollar and now trades at $0.0328 or 0.00000038 BTC.
• SOLVE (SOLVE) traded down 24.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Creditcoin Profile

Creditcoin (CRYPTO: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 505,507,831 coins. The Reddit community for Creditcoin is https://reddit.com/r/creditcoin and the currency’s Github account can be viewed here. Creditcoin’s official Twitter account is @creditcoin and its Facebook page is accessible here. The official website for Creditcoin is creditcoin.org. Creditcoin’s official message board is creditcoin.org/blog.

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.”

Buying and Selling Creditcoin

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

CTC/USD price chart by TradingView