ETC to BTC conversion chart
Ethereum Classic to Bitcoin correlation
Experts suggest that ETC and BTC have a strong relationship with each other and are correlated. Whenever there is a change in the price of ETC then BTC also tends to follow the same pattern and move together.
Live ETC Price Change and Market Cap
Currently, the ETC price is 0.000261 BTC. According to the Ethereum Classic price chart, the 24-hour change is -0.76%. The total market capitalization of Ethereum Classic is $19 with 19.52 ETC in circulation. In the previous 24 hours, the Ethereum Classic price hit highs of 0.0002756 BTC and lows of 0.0002588 BTC.
Ethereum Classic Price Prediction
Though Ethereum Classic came into existence as a result of the Ethereum fork in 2016, it has a special place in the crypto community due to the principles followed by the team. 2017 marked the beginning of a bull run which continued throughout the year. During this period, Ethereum Classic price rose from a dollar to $47.77, an all-time high. Correction took place in the next two years and the price retreated to $4 by the end of 2019. Ethereum Classic Price touched double digits in February 2020 but the bears were quick to hit the market and resulted in a price drop to $4 in March. By mid-2020 Ethereum Classic price was just above $6.
A bullish prediction suggests that Ethereum Classic price will be $95 by 2025. Another analysis predicts that ETC price will be just around $10 at the same time. Speaking of 2030, it is too early to predict as the project is still in its early stages. Nevertheless, technological developments and an increase in the usage of smart contracts will lead to an increase in the value of Ethereum Classic.
Ethereum Classic Wallets
Still confused about which wallet to pick?
We recommend Trezor, CoolWallet S, Exodus and Magnum wallet. Each of them has peculiarities and serve different purposes. In all of these wallets, you can store Ethereum Classic, monitor live ETC prices and also exchange it from ChangeHero without leaving the application.
ETC to BTC exchange margin
The closing conversion rate for ETC to BTC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 ETC to BTC would result in an output of 0.000261 BTC.
How to convert ETC to BTC
Ethereum Classic and Bitcoin comparison
The infamous DAO hack in the Ethereum blockchain resulted in a loss of millions of dollars in the form of Ether. In an attempt to roll back the mishap and recover the lost ETH, the community decided to perform a hard fork and adopt new rules. A few in the community were against this decision of reverting things in the blockchain as it contradicts the immutable nature of the blockchain. Nevertheless, the hard fork was performed and Ethereum adopted the new rules. But the people who objected to this stuck to the old chain and the chain was renamed as the Ethereum Classic with the ticker ETC. In the history of blockchain, it’s the only hard fork which took place based on ethical values. To this day Ethereum Classic follows the “Code is Law” principle and doesn’t alter the way it works. The chain is also capable of smart contracts and building dApps.
Bitcoin was developed by Satoshi Nakamoto in 2009 with an idea of providing a peer-to-peer payment system using the blockchain technology. Bitcoin network is decentralized and an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
What is Ethereum Classic?
Ethereum Classic is an open-source, decentralized blockchain that was split from Ethereum. Ethereum Classic is capable of handling smart contracts and Dapps. The origins of Ethereum Classic can be traced back to 2016 when Ethereum initiated the Decentralized Autonomous Organization (DAO), a venture capital fund that was supposed to fund Dapps. A hacker identified a loophole in its code and attacked the chain which resulted in a loss of $50 million. The community proposed a hard fork to restore the lost funds and adopt new rules. A few of them were against the hard fork as it contradicts the immutable nature of the blockchain.
Despite the divide in opinion, the chain was forked and big names like Vitalik Buterin and Gavin Wood migrated to the new chain. The new chain overtook the name Ethereum and ticker ETH. People who opposed the fork stayed with the old chain and renamed the chain to Ethereum Classic with the ticker ETC. It is the only event where a split took place based on philosophical values. Ethereum Classic abides by the “Code is Law” principle and till today did not alter the way the platform works.
Ethereum Classic to Bitcoin price details
ETC to BTC Conversion Rate and Price
Currently, the conversion rate for 1 ETC equals to 0.000261 BTC. The 24-hour highest price of Ethereum Classic in relation to BTC was 0.0002756 BTC and the lowest was 0.0002588 BTC. In short, ETC price in relation to BTC changed by -0.76%.
Instantly Exchange ETC to BTC
On ChangeHero you can instantly exchange ETC to BTC without registrations. You can easily convert ETC to BTC in a few clicks without worrying about the rates and fees. ChangeHero offers both Best and Fixed rate options for your ETC to BTC exchange.
ETC to BTC Best Rate Exchange
For this type of ETC - BTC conversion, we search through various exchanges for the ETC to BTC pair and find the most satisfactory rate available in the market. We provide you with an estimation of the amount of BTC you will receive.
As soon as you accept the terms and ETC is deposited, the exchange will be automatically processed. We remind you that the final amount of BTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of ETC to BTC.
ETC to BTC Conversion with Fixed Rate
For ETC - BTC exchange at the Fixed Rate, ChangeHero finds a good rate for the pair ETC to BTC and fix the rate for up to 15 minutes. In the Fixed Rate exchange of ETC to BTC, you will receive the exact amount of BTC which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified BTC address. ChangeHero is the best ETC to BTC converter — fast, safe, and at the finest rates.
Frequently asked questions
How long does it take to convert ETC to BTC?
Usually, it takes around 15 minutes to exchange ETC to BTC, but the time may vary depending on how busy the network is.
Do I need an account to exchange ETC to BTC?
No, you do not require an account to swap ETC to BTC on ChangeHero. There will be no registrations for your Ethereum Classic to Bitcoin transaction.
Do I need to go through KYC procedures for ETC to BTC exchange?
There will be no KYC for the ETC to BTC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange BTC to ETC?
Yes, you can instantly exchange BTC to ETC on ChangeHero.
Buy and sell Bitcoin
Are you looking to buy Bitcoin? Now, on ChangeHero you can buy BTC with a credit or debit card. Also, you can sell your cryptocurrency on ChangeHero for US Dollars and Euros. Give it a try.
