BitConnect (BCC) Trading 38.2% Lower Over Last 7 Days

BitConnect (CURRENCY:BCC) traded up 26.2% against the dollar during the one day period ending at 11:00 AM Eastern on February 12th. One BitConnect coin can now be purchased for about $2.89 or 0.00033210 BTC on major exchanges including Livecoin, HitBTC, BCC Exchange and CoinExchange. During the last seven days, BitConnect has traded 38.2% lower against the dollar. BitConnect has a total market cap of $26.66 million and $170,725.00 worth of BitConnect was traded on exchanges in the last 24 hours.

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

  • Litecoin (LTC) traded up 1.9% against the dollar and now trades at $156.50 or 0.01819230 BTC.
  • Verge (XVG) traded 0.8% higher against the dollar and now trades at $0.0543 or 0.00000631 BTC.
  • Dogecoin (DOGE) traded 3.8% higher against the dollar and now trades at $0.0053 or 0.00000061 BTC.
  • Bytom (BTM) traded 0.6% lower against the dollar and now trades at $0.36 or 0.00004217 BTC.
  • Syscoin (SYS) traded up 5.1% against the dollar and now trades at $0.53 or 0.00006190 BTC.
  • Polymath (POLY) traded 6.6% higher against the dollar and now trades at $0.80 or 0.00009273 BTC.
  • GameCredits (GAME) traded up 5.5% against the dollar and now trades at $2.40 or 0.00027798 BTC.
  • BridgeCoin (BCO) traded 9.2% higher against the dollar and now trades at $3.49 or 0.00040392 BTC.
  • Einsteinium (EMC2) traded down 0.9% against the dollar and now trades at $0.39 or 0.00004552 BTC.
  • CyberMiles (CMT) traded up 0.7% against the dollar and now trades at $0.18 or 0.00002098 BTC.

BitConnect Profile

BitConnect (CURRENCY:BCC) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It launched on December 24th, 2016. BitConnect’s total supply is 9,949,723 coins and its circulating supply is 9,222,891 coins. BitConnect’s official website is BitConnect’s official Twitter account is @bitconnect and its Facebook page is accessible here.

According to CryptoCompare, “Bitfinex introduced trading on Chain Split Tokens (CST). The first such product of its kind, CSTs will allow Bitfinex customers to speculate on future fork events of the Bitcoin blockchain, specifically, the potential fork between Bitcoin Core and Bitcoin Unlimited. They have designated these CSTs as BCC (Bitcoin Core) and BCU (Bitcoin Unlimited). CSTs will trade as BTC and USD pairs, initially without margin and they will reevaluate that decision if there is sufficient liquidity. Users will be able to create CSTs by “splitting” a bitcoin through the Token Manager (located in the Order Type drop down menu of the sidebar order ticket). Once split, the BTC will be removed from their account for each BCC and BCU added. Through the same Token Manager, users will be able to reverse this process at anytime, trading in equal numbers of BCC and BCU to extract BTC. If no fork occurs by December 31, 2017, then BCU will expire worthless and BTC will be given in exchange for each BCC holder. If, however, there is a fork, specifically Bitcoin Unlimited, then, as soon as they list Bitcoin Unlimited, they will exchange BCU tokens for Bitcoin Unlimited tokens as well as retiring BCC tokens in favor of Bitcoin Core tokens. More detailed information can be found in the Chains Split Token Terms and Conditions. They are planning a few additional enhancements including a realtime display of total CSTs as well as segregated cold storage for the bitcoins that have been split, which we will periodically settle to and from their hot wallet. “

BitConnect Coin Trading

BitConnect can be traded on the following cryptocurrency exchanges: Trade Satoshi, BCC Exchange, HitBTC, CoinExchange and Livecoin. It is not presently possible to purchase BitConnect directly using US dollars. Investors seeking to trade BitConnect must first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase BitConnect using one of the exchanges listed above.

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