How to buy Ethereum Classic | Buy Ethereum Classic in 4 easy steps | KoinX

Our step-by-step guide on how to buy Ethereum Classic (ETC)

Ethereum Classic (ETC) was created from a fork of Ethereum (ETH) when some users did not update their software. Both originally shared the same capabilities, but ETC has since improved its technology. Let us discover how you can buy Ethereum Classic further in this article.

How to buy Ethereum Classic in 4 easy steps?

Step 1: Choose a crypto exchange

Step 2: Create your account

Step 3: Transfer funds to your account

Step 4: Buy ETC

Step 1: Choose a crypto exchange

Choose a cryptocurrency exchange that supports Ethereum Classic (ETC). Some popular options include Coinbase, Binance, and Kraken.

Step 2: Create your account

Sign up for an account on the exchange and complete any necessary verification processes.

Step 3: Transfer funds to your account

Transfer funds to your account on the exchange. This can typically be done using a bank transfer, credit or debit card, or through a transfer of another cryptocurrency like Bitcoin.

Step 4: Buy ETC

Once your funds are available, search for the Ethereum Classic (ETC) trading pair on the exchange (e.g. ETC/USD or ETC/BTC) and place an order to buy ETC using the funds in your account.

Popular video guides on buying Ethereum Classic (ETC)

Where to buy Ethereum Classic (ETC)?

1. KuCoin
Coinbase crypto exchange

KuCoin is a cryptocurrency exchange that allows users to buy, sell, and trade ETC. The platform offers margin, futures, P2P, and standard trading options, and users can earn incentives by lending or staking their ETC.

Factsheet
Header 1Header 1
Operational SinceSeptember 2017
Deposit MethodsPaypal, bank transfer, zelle
Deposit FeesNone
Cryptos ListedBTC, ETH, USDT, BNB, ADA, XRP, USDC, DOGE, DOT, UNI and more.
Trading Fees0.05% to 0.60%
Fiat Currencies SupportedEUR, GBP, USD, RUB, AUD, JPY, TRY, KRW, CAD, IDR, VND, ZAR, HUF, ILS, NZD, SEK, CZK, CHF, PLN, NOK, INR, DKK, and more
TrustworthinessSafe
2. Binance
binance crypto exchange

ETC can be traded on Binance, and the exchange offers a wallet for storing it. Binance also offers services for earning interest and conducting transactions with ETC.

Factsheet
Header 1Header 1
Operational Since2017
Deposit MethodsBank Deposit, Cash Balance, Credit/Debit Card, P2P Trading
Deposit FeesFree
Cryptos Listed600+
Trading Fees0.1%
Fiat Currencies SupportedUSD, AUD, EUR, HKD, KZT, NOK, PEN, RUB, TRY, UAH, UGX.
TrustworthinessSafe
3. Kraken
kraken crypto exchange

In 2011, the United States-based Bitcoin exchange and bank Kraken was established. You can use Kraken to buy ETC. One of the first bitcoin exchanges to be listed on Bloomberg Terminal, its estimated worth as of mid-summer 2022 was $10.8 billion USD. Kraken generated US$1.1 billion in revenue as of 2020.

Factsheet
Header 1Header 1
Operational Since2011
Deposit MethodsVisa and Mastercard debit/credit card, Digital wallet purchases, ACH online banking
Deposit FeesNone
Cryptos ListedBitcoin, Ethereum, Cardano, Dogecoin, Litecoin, Polkadot, Polygon, Ripple
Trading Feesup to 0.25% per trade
Fiat Currencies SupportedUSD, CAD, EUR
TrustworthinessSafe

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Frequently Asked Questions

Where can you buy Ethereum classic with a credit or debit card?

You can buy Ethereum-Classic with a credit or debit card on a crypto exchange like Coinbase or Binance.

What will you need to buy Ethereum Classic (ETC)?

You’ll need to create an Ethereum-Classic wallet (an account) and get it approved before being able to buy.

What is the easiest way to buy Ethereum Classic (ETC)?

The easiest way to buy Ethereum Classic is by registering and creating an account on exchanges like Binance and Kraken. 

Best wallets to store your Ethereum Classic (ETC)

The best wallets to store your Ethereum Classic are Trezor one and Metamask.

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