Creditcoin (CTC) Trading 13.7% Lower Over Last Week

Creditcoin (CTC) traded down 2.4% against the U.S. dollar during the twenty-four hour period ending at 18:00 PM E.T. on October 2nd. During the last week, Creditcoin has traded 13.7% lower against the U.S. dollar. Creditcoin has a total market capitalization of $152.62 million and approximately $7.62 million worth of Creditcoin was traded on exchanges in the last 24 hours. One Creditcoin coin can now be bought for about $0.40 or 0.00000665 BTC on exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• IOTA (MIOTA) traded 3.6% lower against the dollar and now trades at $0.12 or 0.00000193 BTC.
• Pax Dollar (USDP) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001644 BTC.
• Electroneum (ETN) traded up 5.3% against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Verasity (VRA) traded down 2.9% against the dollar and now trades at $0.0030 or 0.00000005 BTC.
• Meter Governance (MTRG) traded down 6.1% against the dollar and now trades at $0.47 or 0.00000765 BTC.
• The Transfer Token (TTT) traded 0.4% lower against the dollar and now trades at $0.0050 or 0.00000008 BTC.
• SOLVE (SOLVE) traded 0.1% lower against the dollar and now trades at $0.0090 or 0.00000015 BTC.

About Creditcoin

Creditcoin (CTC) uses the hashing algorithm. It launched on April 4th, 2019. Creditcoin’s total supply is 549,564,264 coins and its circulating supply is 377,085,684 coins. 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. The official message board for Creditcoin is creditcoin.org/blog. Creditcoin’s official website is creditcoin.org.

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 currently possible to buy alternative cryptocurrencies such as Creditcoin directly using US dollars. Investors seeking to trade Creditcoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Creditcoin using one of the exchanges listed above.

CTC/USD price chart by TradingView