Ethereum Classic (ETC) is a decentralized, blockchain-based computing platform that supports smart contract functionality. It emerged in July 2016 following a contentious hard fork of the original Ethereum (ETH) network. The split occurred due to differences in the community about how to handle the DAO attack, where $50 million worth of ETH were stolen. While Ethereum opted to alter its code and reverse the damage, a portion of the community held that "code is law" and decided to keep the unaltered version, giving birth to Ethereum Classic.
Ethereum Classic focuses on "immutability", meaning the blockchain cannot be altered, which is a fundamental principle for some cryptocurrency enthusiasts. Despite its turbulent beginnings, Ethereum Classic has managed to carve out its own niche in the crypto world, offering a unique alternative to its Ethereum counterpart.
Eager to buy Ethereum Classic but not sure how? No worries! Bitbuy is the simplest and most secure platform to buy Ethereum Classic (ETC). Bitbuy always ensures the lowest associated fees and highest security when buying, selling or trading cryptocurrency.
Investors can easily invest in ETC by creating an account with Bitbuy, adding funds to their account directly through e-Transfer or bank wire and buying the ETC directly through the Bitbuy platform. Experience problems or need questions asked along the way? Do not fear, Bitbuy is always here. Our customer support team will ensure your investment journey is smooth sailing throughout.
Buying USD in Canada as well as other digital currencies is simple and secure with Bitbuy. Here is how it works:
Bitbuy is one of the best and most secure places to buy ETC in Canada. Here is why:
Every transaction you make on Bitbuy is encrypted using SSL (Secure Socket Layer) technology with two-factor authentication solutions implemented throughout. Bitbuy operates with a 99% cold storage reserve for all digital currencies in custody and executes daily encrypted and distributed backups for disaster recovery. Here at Bitbuy, it is crucial users know that their digital assets are is safe with us.
Bitbuy offers some of the lowest buying and selling fees in Canada. You can check out our trading fees and processing times before you buy ETC.
Buying cryptocurrency directly from individuals is slow and risky. Cryptocurrency exchange platforms like Bitbuy make the process faster and far more efficient.
We pride ourselves in our exceptional customer support which sets us apart from other digital asset marketplaces. Simply submit a request under Bitbuy Support to be paired with one of our experts. We believe that exceptional customer support is an essential part of simplifying cryptocurrency for everyone.
Interac e-Transfer is the most popular way to pay online in Canada. Canadians want to buy ETC with Interac, but banks do not make it easy. Bitbuy exists to simplify the process when you want to buy ETC in Canada with Interac. You can use your bank account directly to fund your Bitbuy account, which you then use to buy and sell cryptocurrencies in Canada.
Looking for a place to store your ETC? Bitbuy is the perfect place to start. Bitbuy has a built-in wallet in each user’s account that you can use to store your ETC safe and securely.
Website (instructions for the mobile app below)
When you log into your Bitbuy account you will be automatically directed to the ‘Accounts’ section of your account. Click 'Express Trade' located at the top of the page if you are already logged in. To institute the trade, click the 'Sell' button which will appear in red.
Click the drop-down and search ETC to begin the sale .
Enter the amount of ETC that you wish to sell. The dollar value of your sale will be displayed below under ‘Transaction summary'. When you are ready, click the 'Sell' button to complete the transaction.
Mobile App
Sign into your Bitbuy account and you will be automatically directed to the 'Accounts' section. If you are already logged in, click on 'Accounts' in the bottom right corner of the navigation bar.
Locate ETC and click on the 'Sell' button.
Enter the amount of ETC you wish to sell. The value of your sell will be displayed at the bottom of the page. When you are ready to continue, click the 'Place Sell Order' button to complete your transaction!
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Bitbuy was designed for both new traders seeking a simple interface and for advanced traders who know their way around the crypto world. We understand that getting started with cryptocurrency can seem a little daunting and our goal is to make the process easier for you.
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