Creditcoin (CTC) Market Cap Reaches $78.18 Million

Creditcoin (CTC) traded 0.2% lower against the US dollar during the 1-day period ending at 7:00 AM E.T. on May 4th. One Creditcoin coin can now be purchased for $0.14 or 0.00000183 BTC on popular exchanges. In the last seven days, Creditcoin has traded down 1.6% against the US dollar. Creditcoin has a market cap of $78.18 million and $4.47 million worth of Creditcoin was traded on exchanges in the last 24 hours.

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

• IOTA (MIOTA) traded down 0.6% against the dollar and now trades at $0.0545 or 0.00000069 BTC.
• Pax Dollar (USDP) traded down 0% against the dollar and now trades at $1.00 or 0.00001268 BTC.
• Electroneum (ETN) traded 2% higher against the dollar and now trades at $0.0010 or 0.00000001 BTC.
• The Transfer Token (TTT) traded 18.6% lower against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Verasity (VRA) traded 3.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Meter Governance (MTRG) traded 2.1% higher against the dollar and now trades at $0.0211 or 0.00000027 BTC.
• SOLVE (SOLVE) traded 3.1% higher against the dollar and now trades at $0.0002 or 0.00000000 BTC.

Creditcoin Profile

Creditcoin (CRYPTO:CTC) 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 540,658,812 coins. Creditcoin’s official website is creditcoin.org. The official message board for Creditcoin is creditcoin.org/blog. 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 buy alternative cryptocurrencies such as Creditcoin directly using US dollars. Investors seeking to acquire Creditcoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Creditcoin using one of the aforementioned exchanges.

CTC/USD price chart by TradingView