Creditcoin Market Capitalization Hits $282.05 Million (CTC)

Creditcoin (CTC) traded down 1.1% against the dollar during the twenty-four hour period ending at 10:00 AM ET on March 30th. Creditcoin has a total market cap of $282.05 million and $12.20 million worth of Creditcoin was traded on exchanges in the last 24 hours. One Creditcoin coin can now be bought for $0.65 or 0.00000785 BTC on major cryptocurrency exchanges. During the last week, Creditcoin has traded up 4.1% against the dollar.

Here’s how related cryptocurrencies have performed during 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 down 0.1% 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 up 0.4% 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 2.3% higher against the dollar and now trades at $0.0912 or 0.00000110 BTC.
• SOLVE (SOLVE) traded 5% higher against the dollar and now trades at $0.0006 or 0.00000001 BTC.

Creditcoin Coin Profile

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 434,416,053 coins. Creditcoin’s official Twitter account is @creditcoin and its Facebook page is accessible here. The official message board for Creditcoin is creditcoin.org/blog. The Reddit community for Creditcoin is https://reddit.com/r/creditcoin and the currency’s Github account can be viewed here. The official website for Creditcoin 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.”

Buying and Selling Creditcoin

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

CTC/USD price chart by TradingView