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How to buy Ethereum Classic

With Bitpanda, you can buy Ethereum Classic easily, quickly and securely.

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About Ethereum Classic

A decentralised venture capital fund running on the Ethereum blockchain called the DAO hack raised around 168 million US-Dollar in May 2016. One month later, someone used a security hole to move 3.6 million Ether (at this time around 50 million US-Dollars) out of the DAO’s funds. In July 2016, the community voted that a hard fork should restore the stolen funds by creating a new Ethereum blockchain. Ethereum Classic is the unforked version of the original Ethereum blockchain, which still contains the stolen funds.

  • You can see the current Ethereum Classic price on Bitpanda and buy Ethereum Classic there
  • The native currency of Ethereum Classic is called Classic Ether (ETC)
  • Ethereum Classic still contains the stolen DAO funds
  • The Ethereum Classic community follows a “code is law” concept, while the Ethereum community is more open to forks

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