Creditcoin (CTC) Market Capitalization Tops $45.42 Million

Creditcoin (CTC) traded 0.4% higher against the U.S. dollar during the twenty-four hour period ending at 8:00 AM E.T. on July 7th. One Creditcoin coin can now be bought for $0.0826 or 0.00000130 BTC on major exchanges. Creditcoin has a total market capitalization of $45.42 million and approximately $3.86 million worth of Creditcoin was traded on exchanges in the last day. In the last week, Creditcoin has traded up 4.1% against the U.S. dollar.

Here is how related cryptocurrencies have performed in the last day:

• IOTA (MIOTA) traded 0.4% higher against the dollar and now trades at $0.0368 or 0.00000058 BTC.
• Pax Dollar (USDP) traded 0% higher against the dollar and now trades at $1.00 or 0.00001570 BTC.
• Electroneum (ETN) traded 1.2% lower against the dollar and now trades at $0.0009 or 0.00000001 BTC.
• The Transfer Token (TTT) traded down 18.6% against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Verasity (VRA) traded up 7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Meter Governance (MTRG) traded 4.3% higher against the dollar and now trades at $0.0170 or 0.00000027 BTC.
• SOLVE (SOLVE) traded 0.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Creditcoin Profile

CTC uses the hashing algorithm. Its genesis date was April 4th, 2019. Creditcoin’s total supply is 549,564,264 coins. The official message board for Creditcoin is creditcoin.org/blog. 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.

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. Telegram, Discord, Reddit, MediumWhitepaper”

Creditcoin Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Creditcoin directly using US dollars. Investors seeking to acquire Creditcoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. 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