Creditcoin (CTC) Market Cap Achieves $124.23 Million

Creditcoin (CTC) traded down 2.3% against the US dollar during the 1-day period ending at 7:00 AM E.T. on December 31st. One Creditcoin coin can currently be bought for about $0.24 or 0.00000274 BTC on popular exchanges. Creditcoin has a total market cap of $124.23 million and approximately $3.84 million worth of Creditcoin was traded on exchanges in the last 24 hours. In the last seven days, Creditcoin has traded 0.2% lower against the US dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• IOTA (MIOTA) traded 1.1% lower against the dollar and now trades at $0.0836 or 0.00000094 BTC.
• Pax Dollar (USDP) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001124 BTC.
• Electroneum (ETN) traded down 6.9% against the dollar and now trades at $0.0012 or 0.00000001 BTC.
• Verasity (VRA) traded down 15.4% against the dollar and now trades at $0.0001 or 0.00000000 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 down 3% against the dollar and now trades at $0.0312 or 0.00000035 BTC.
• SOLVE (SOLVE) traded 26% higher against the dollar and now trades at $0.0002 or 0.00000000 BTC.

About Creditcoin

Creditcoin uses the hashing algorithm. It was first traded on April 4th, 2019. Creditcoin’s total supply is 549,564,264 coins and its circulating supply is 510,507,831 coins. 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. Creditcoin’s official Twitter account is @creditcoin and its Facebook page is accessible 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 currently possible to buy alternative cryptocurrencies such as Creditcoin directly using US dollars. Investors seeking to trade Creditcoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Creditcoin using one of the exchanges listed above.

CTC/USD price chart by TradingView