Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. The next step after funding your account is to choose a trade option. Every platform also has an interface showing things like options for buying and selling Ethereum Classic, trading graphs, order books, executed trades, etc. In the end, it’s up to you to choose which one works best and then stick to it. Scalping–Scalping is a form of day trading that involves making quick trades based on small price changes. The strategy is based on the idea that making small profits repeatedly limits risks.

Due to the availability of smart contracts on Ethereum Classic, it is possible to host tokens and build decentralized applications on the ETC blockchain. In other words, applications launched on Ethereum Classic can issue and manage their native tokens. This system is similar to what we have on the Ethereum blockchain.

Best Ethereum Classic Trading Bots

Some teams developing the ethereum classic bot trading Classic ecosystem include Ethereum Classic Consortium, ETC Cooperative, ETC Core, ETC Labs, and Gödel Labs. Get the weekly email with exclusive crypto analyses and news worth reading. On the flip side, a daily break and close above the $24 – $26 resistance zone could open the door for a retest of the 50-day SMA, which currently falls at $29.70. Further to the upside, the next major resistance comes around the $37.50 level.

This pool is essentially selling a contract that lets the buyer purchase a certain amount of Bitcoin from Flynt at the expiration date for the strike price. If Bitcoin’s price is below the strike at the expiration date, the contracts expire worthless and the pool keeps all of the money from selling the contract. Additional paid packages include features like advanced charting options, unlimited template usage and even one-on-one trading tutorials and lessons.

Best Crypto Trading Bots

Payments are made during the first two weeks of every month for rewards earned during the previous month. Rewards are earned the moment any of your referrals complete a qualifying action above and will be considered pending until verification and payment. Quadency platform is free to use and available in 100+ countries globally.

The content on this page covers many concepts, but we haven’t touched on things that may be important when choosing a trading platform. These include a platform’s reputation, history, security features, trading fees, deposit/withdrawal options, trade monitoring tools, etc. Depending on the order type, an order can either be closed manually, or it’ll close automatically if it’s a stop-loss or take-profit order. Stop-losses can help mitigate loss by automatically closing the trade if a minimum threshold is reached. Take-profits allow you to maximise profit by closing a trade once your target profit is achieved.

ETC Price Statistics

Serious crypto traders can take advantage of Learn2Trade when they want to make the most of their portfolio and get a little bit more than signals. The advanced crypto trading bot from Learn2Trade will automate your investments and use information on live market conditions to help you. Start by deciding whether you want to use a derivative exchange or an actual broker. Although both offer similar services, brokers are geared toward experienced traders. They offer larger trade volumes with smaller fees and provide advanced trading tools and contracts. On the other hand, derivative exchanges are easier to use while allowing for risky trades through leverage trading.

You will be required to provide a username, password and email address for verification purposes. Once you have provided your login credentials and verified your email address, you will need to complete the identity verification process. There are many different brokers available for GAL trading Ethereum Classic.

The country-by-country laws vary, which might affect the list of ethereum classic bot trading available for your region. Note that in the United States, restrictions apply at the state level. All airdropped QUAD tokens will be deposited automatically in your Quadency account once you claimed it. Get the best of Quadency from the moment you signup and a 20% discount on your trading fees using QUAD. Pionex uses a maker-taker fee schedule, which means that you’ll pay a fee when you place trades that “make” liquidity on the market and that “take” liquidity away from the market. If you place a trade that isn’t immediately matched by an outstanding order on the books, you’ll pay the maker fee of 0.05%.

• As a digital asset, ETC has a certain speculative value, but ETH is still more widely traded and is often regarded as digital silver to Bitcoin’s digital gold.
• Yes, you may advertise on any channels you’d like, so long as you don’t misrepresent Quadency or make any false claims about our products.
• Our guide for beginners will help you learn more about crypto trading bots and introduce you to a few of the best crypto trading bots currently available.
• For example, its top pool uses a Bitcoin covered call strategy that automatically sells call options with a far out-of-the-money strike price.
• Get the weekly email with exclusive crypto analyses and news worth reading.

The attacker exploited a flaw in The DAO’s code and made off with $50 million worth of BNB ETH at the time. Other considerations include the current state of Ethereum Classic, improvements on the Ethereum blockchain, cryptocurrency news, government regulation, etc. Keep all of these things in mind because they can impact the market and your potential profits. Let’s say you make a contract to borrow 1,000 ETC when the token price is $15 and sell it for $15,000.

What Is Ethereum Classic Trading and How Is It Different From a Standard Purchase?

It will also be easier to seek compensation if the broker suffers a security breach or something similar. According to CoinMarketCap data, ETC is up over 100% from the past few months. Its outstanding performance and price surge are better than both Bitcoin and Ethereum . Since ETC has been widely accepted and known by crypto investors, most of them believe that ETC will have a significant influence to become a good altcoin in the industry. Pionex offers up to 500 different trading pairs for you to manage your coins. You can sell your ETC coin to other coins or to US dollars on Pionex.

To https://www.beaxy.com/ ETC/USDT, ETC/USDC, ETC/BTC, ETC/ETH, or ETC/OKB, click “Basic Trading” under “Trade.” Under the same tab, click “Convert” to convert crypto to ETC. The emission reduction schedule of ETC initiates after 5 million blocks have been added to the blockchain. However, the miners and users, aggrieved at this move, decided to stay on the original Ethereum blockchain, which later metamorphosed into the Ethereum Classic network.