Creditcoin (CTC) One Day Volume Reaches $17.38 Million

Creditcoin (CTC) traded 4.2% lower against the U.S. dollar during the twenty-four hour period ending at 10:00 AM E.T. on January 13th. Over the last week, Creditcoin has traded 17% lower against the U.S. dollar. One Creditcoin coin can currently be purchased for about $1.03 or 0.00001120 BTC on cryptocurrency exchanges. Creditcoin has a total market capitalization of $430.40 million and approximately $17.38 million worth of Creditcoin was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• IOTA (MIOTA) traded down 5.4% against the dollar and now trades at $0.32 or 0.00000343 BTC.
• Pax Dollar (USDP) traded 0% higher against the dollar and now trades at $1.00 or 0.00001086 BTC.
• Electroneum (ETN) traded up 9% against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Verasity (VRA) traded down 5.4% against the dollar and now trades at $0.0038 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 5.1% against the dollar and now trades at $0.41 or 0.00000446 BTC.
• The Transfer Token (TTT) traded 19.4% higher against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• SOLVE (SOLVE) traded 9.3% lower against the dollar and now trades at $0.0052 or 0.00000006 BTC.

Creditcoin Profile

Creditcoin (CTC) uses the hashing algorithm. Its launch date was April 4th, 2019. Creditcoin’s total supply is 549,564,264 coins and its circulating supply is 417,084,779 coins. 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. The official message board for Creditcoin is creditcoin.org/blog.

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.”

Creditcoin Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Creditcoin directly using US dollars. Investors seeking to acquire Creditcoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Creditcoin using one of the exchanges listed above.

CTC/USD price chart by TradingView