ZClassic (ZCL) Price Down 7.8% This Week

ZClassic (ZCL) traded down 7.1% against the U.S. dollar during the 1 day period ending at 11:00 AM E.T. on August 4th. In the last seven days, ZClassic has traded down 7.8% against the U.S. dollar. ZClassic has a market cap of $1.32 million and approximately $741.84 worth of ZClassic was traded on exchanges in the last day. One ZClassic coin can now be purchased for about $0.14 or 0.00000222 BTC on exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded 0.6% higher against the dollar and now trades at $492.09 or 0.00767896 BTC.
• Horizen (ZEN) traded down 0.9% against the dollar and now trades at $4.10 or 0.00006400 BTC.
• Pirate Chain (ARRR) traded 11% higher against the dollar and now trades at $0.23 or 0.00000361 BTC.
• Bitcoin Gold (BTG) traded 0.1% higher against the dollar and now trades at $0.36 or 0.00000567 BTC.
• Komodo (KMD) traded up 74.7% against the dollar and now trades at $0.0267 or 0.00000042 BTC.

ZClassic Profile

ZClassic 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 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. The official website for ZClassic is zclassic.org.

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 purchase alternative cryptocurrencies such as ZClassic directly using U.S. dollars. Investors seeking to acquire ZClassic should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase ZClassic using one of the aforementioned exchanges.

ZCL/USD price chart by TradingView