Trade Responsibly. Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

ETCUSD - Ethereum Classic vs US Dollar

Current value in real time on the crypto market for investing

Swap Short: -20 %Swap Long: -20 %
Low: 21.878Spread MT5 floatingHigh: 22.485
Global Stock Exchanges Session Times
Sydney
7:59 pm (Local)
Opens in 13h 51m
Tokyo
5:59 pm (Local)
Opens in 15h 1m
London
8:59 am (Local)
Closes in 7h 31m
New York
3:59 am (Local)
Opens in 5h 31m

ETCUSD Trading Chart

D1
W1
M1
No chart data
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
Edge
Edge
MT4
MT5
Execution
Market Execution
Market Execution
EdgeFloating spreads
Minimum: 80.00Average: 146.38
Market Hours*Open Now
Market Hours*Open Now
Limit and Stop Level175
1 tick value0.001
Minimum contract size0.01 lot
1 lot size1 ETC
1 PIP value per 1 lot in USD0.001 USD
Minimum step for increasing contract size0.01 lot
Margin requirements to open a lock position *0
Execution ModeMarket (irrelevant of platform or Account type)

* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

What is Ethereum Classic

Ethereum Classic should not be confused with Ethereum. This fork under the ticker ETC appeared in 2016 after a major hard fork during which millions of dollars were leaked. That happened due to the vulnerability of one smart contract of a private DAO fund.

Developers and investors assumed that Ethereum would no longer exist after irreversible changes in code, and only the Classic version would remain. However, the creators were still able to restore it and continue working. ETC also remained and later began trading on the Poloniex site. There, its value rose to a third of the price of Ethereum. The transaction fee is still one of the lowest on the market, around 1 cent.

In total, there is a limited number of tokens, 210M. The absolute maximum will be released by 2025. Until then, the Ethereum Classic price determination model will remain inflationary. According to the official representatives of this coin, such an approach will make investments in coins more stable since the value of ETC will not drop dramatically as their number increases.

In contrast, standard Ethereum coins will only increase more every year.