Creditcoin Market Capitalization Hits $282.05 Million (CTC)

Creditcoin (CTC) traded 1.1% lower against the U.S. dollar during the 24 hour period ending at 10:00 AM E.T. on March 30th. One Creditcoin coin can now be bought for $0.65 or 0.00000785 BTC on major cryptocurrency exchanges. Creditcoin has a market cap of $282.05 million and approximately $12.20 million worth of Creditcoin was traded on exchanges in the last 24 hours. Over the last seven days, Creditcoin has traded up 4.1% against the U.S. dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• IOTA (MIOTA) traded 1% lower against the dollar and now trades at $0.17 or 0.00000209 BTC.
• Pax Dollar (USDP) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001208 BTC.
• Electroneum (ETN) traded 1.2% lower against the dollar and now trades at $0.0017 or 0.00000002 BTC.
• Verasity (VRA) traded 0.4% higher against the dollar and now trades at $0.0013 or 0.00000002 BTC.
• The Transfer Token (TTT) traded 18.6% lower against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Meter Governance (MTRG) traded up 2.3% against the dollar and now trades at $0.0912 or 0.00000110 BTC.
• SOLVE (SOLVE) traded up 5% against the dollar and now trades at $0.0006 or 0.00000001 BTC.

About Creditcoin

CTC uses the hashing algorithm. Its genesis date was April 4th, 2019. Creditcoin’s total supply is 549,564,264 coins and its circulating supply is 434,416,053 coins. The official website for Creditcoin is creditcoin.org. 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. 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.”

Creditcoin Coin Trading

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

CTC/USD price chart by TradingView