ETC is the native token of the Ethereum Classic blockchain. It is used to pay for transaction fees and gas costs on the Ethereum Classic network.
ETC can also be traded on cryptocurrency exchanges like Binance.
The Ethereum Classic blockchain was created in 2016 when a group of developers disagreed with the way the Ethereum Foundation was handling a hack. They decided to fork the Ethereum blockchain and create their own version of Ethereum.
NOTE: WARNING: Investing in cryptocurrency is highly speculative and involves a high degree of risk. Please be aware that Binance’s ETC is a cryptocurrency, and its value may fluctuate significantly, leading to potential losses. Before investing in ETC, please conduct extensive research and consult a professional financial advisor.
The new blockchain became known as Ethereum Classic.
Ethereum Classic has its own native token, ETC. ETC can be used to pay for transaction fees and gas costs on the Ethereum Classic network.
ETC is an important part of the cryptocurrency ecosystem and has a strong community behind it. If you’re looking to get involved with Ethereum Classic, then you’ll need to get your hands on some ETC.
10 Related Question Answers Found
Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Binance was founded in July 2017 by Changpeng Zhao and Yi He.
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