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Ethereum Classic
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- No fees on buying ETC and 30+ cryptocurrecies
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How to buy Ethereum Classic with Bank Transfer
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FAQ
Frequently asked questions
ETC (Ethereum Classic) is valuable for several reasons, including: It is a decentralized platform for building decentralized applications (Dapps) and executing smart contracts. It has a strong community of developers and users who are committed to its success. It offers a fast, secure, and affordable way to transfer value and execute complex transactions. It has a limited supply, which is a factor that influences its value and scarcity.
Some of the greatest advantages of this payment method include: Simplified payments handling, Reduced processing costs, Reduced bank charges, Quick payments, and Easier cross-border transfers.
It can be said that Vitalik Buterin and other Ethereum founders are the main team of Ethereum Classic, but after its fork, the name of the team or a specific person was not mentioned as the operators of ETC. The ETC network operates in a decentralized manner and there is no official team to manage it. In fact, the Ethereum Classic community is responsible for its development, which operates without the need for a separate license. Each of the actors of this network can present their Ethereum Classic Development Plans (ECIP) and implement it if there is a consensus agreement. Companies and groups such as Storj Lab, Byzantine Fault, Gödel Labs, ChainSafe, ETC Core, etc. have played a role in its development since the creation of the Ethereum Classic network.
There are no fees associated with this method initially. But note that SEPA trades crypto by Euro fiat currency, so if you insist on trading with other currencies using this method might require extra fees. Also, there are zero exchange fees for your crypto-trading through our exchange.
The value of Ethereum Classic (ETC) in the crypto market is based on its association with the original version of the second largest cryptocurrency, its ability to execute smart contracts and decentralized applications, and its availability on major crypto exchanges. Essentially, Ethereum Classic is valuable due to its popularity, reputation, and well-known history. It remains tied to the Ethereum brand which is highly esteemed and invested in by major investors in both the traditional and new financial sectors. Its popularity has made it a well-established token, hence its continued high value.
SEPA compatible areas consist of EEA (European Economic Area) countries, the United Kingdom, Switzerland, Andorra, Gibraltar, San Marino, and Vatican City.
