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Ethereum Classic (ETC), a resilient player in the crypto space, remains committed to its founding principles, emphasizing immutability even amid market volatility.
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Despite facing numerous challenges, including 51% attacks and fluctuating developer interest, ETC has maintained a dedicated user base and continues to show its potential for long-term growth.
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“Ethereum Classic champions the ethos that code is law,” states a COINOTAG analyst, highlighting the network’s resistance to alterations that compromise its integrity.
Explore how to buy Ethereum Classic (ETC) safely and its investment potential in 2025 while navigating the evolving cryptocurrency landscape.
How to buy Ethereum Classic (ETC)
Buying Ethereum Classic is accessible and straightforward. Here’s a detailed process to guide you:
- Choose a reputable crypto exchange that lists Ethereum Classic.
- Complete verification, which may include email, phone, and KYC processes.
- Deposit funds, either in fiat or cryptocurrencies like USDT.
- Find the listing for ETC and select an appropriate trading pair.
- Execute your purchase using either market or limit orders.
For our detailed guide, we’ll use Bitget as an example, though other exchanges may have similar processes.
Step 1: Register for a Bitget account
Begin by creating an account on Bitget:
➤ Navigate to Bitget’s official website or download the app via Google Play or the Apple App Store.
➤ Click “Sign Up,” then follow the prompts to enter your information and verify your email or phone number.
Step 2: Verify your identity (KYC)
Most exchanges require identity verification. Here’s how to complete it on Bitget:
➤ Click your profile icon, go to “Settings,” then select “Identity Verification.”
➤ Upload a valid government ID and a selfie for verification.
Step 3: Add funds to your Bitget wallet
To purchase Ethereum Classic, fund your account. Here are your options:
➤ Use a credit or debit card.
➤ Utilize peer-to-peer transfers from verified sellers.
➤ Consider OTC services for larger trades.
➤ Use quick buys if available.
Select “Buy Crypto,” then follow the on-screen instructions to complete your payment.
Step 4: Convert fiat to USDT
Since you cannot buy ETC directly with fiat, it’s important to convert your currency into USDT, which is widely accepted on exchanges like Bitget.
Step 5: Locate Ethereum Classic (ETC) on Bitget
Once your wallet is funded, it’s time to find ETC:
➤ Go to the “Trade” section and select “Spot.”
➤ Use the search function to locate “ETC” and choose the corresponding trading pair.
Step 6: Buy Ethereum Classic
Select your order type:
➤ Market order: Executes instantly at the market price.
➤ Limit order: Set your desired price and wait for fulfillment.
Confirm your purchase once you place the order.
Step 7: Secure your ETC
After purchasing, decide on your storage method:
➤ Keep it on Bitget for easier access and trading.
➤ Transfer to a self-custodied wallet for enhanced security during long-term holding.
What is Ethereum Classic?
Ethereum Classic (ETC) originated from the controversial DAO hack in 2016, which sparked significant debate within the crypto community over blockchain immutability.
The DAO was a pioneering decentralized organization that accrued substantial investments, yet a security loophole resulted in stolen funds, prompting a critical decision: to roll back the blockchain to return the stolen ETH or maintain the original chain.
While most favored the rollback leading to Ethereum (ETH), a faction championed the idea of immutability. This led to the creation of Ethereum Classic, which continues to uphold the philosophy that “code is law.”
Ethereum Classic remains steadfast in its commitment to decentralization, surviving numerous tests, including system attacks and fluctuating development activity.
Is ETC a good investment in 2025?
Despite its volatile past, Ethereum Classic’s long-term stability raises questions about its investment viability. Prospective investors should weigh the principles and fundamentals that underpin its structure.
Holding ETC may appeal to long-term investors aligned with its foundational ethos, while trading during volatility could yield short-term profits, albeit with amplified risk factors. Conduct thorough research, seek professional advice, and invest wisely based on personal financial situations.
Conclusion
In summary, Ethereum Classic continues to represent a unique niche in the cryptocurrency sphere, backed by its foundational commitment to immutability. Those considering investment should carefully evaluate the associated risks while standing firm on the core principles influencing its market presence.
