Buy Ethereum Classic (ETC)

How to buy Ethereum Classic (ETC)?

Ethereum Classic is a public decentralized blockchain platform that supports smart contracts. The project is based on its own cryptocurrency. The environment is intended for free development of applications and services. It allows users to manage digital assets without intermediaries in the form of banks and financial institutions, and programmers to create and implement smart contracts that are protected from censorship.

Character traits:

• Decentralization is the absence of a governing body.
• Immutability - the registry has stored all information since 2015.
• Sustainability - contracts are executed as they were programmed. External edits are excluded.

Many are wondering how to Buy Ethereum Classic in Hong Kong? If your goal is to profit from this asset, then you can trade CFDs. This will allow you to play both on the downside and on the increase in the value of the asset.

Coin functions:

• Suitable for trading and investment.
• It is used to launch smart contracts, applications, pay transfer fees and other functions within the network.
• It is used to conduct transactions between users, platforms and exchanges.
• Paid as a reward for mining.
• It is used to pay for goods, replenish the account in online services.

How to invest in Ethereum Classic (ETC)?

To invest in Ethereum Classic, it is important to find the right broker. IQ Option is an online trading platform that allows you to invest in over 250 assets, including cryptocurrencies. On this platform, you can invest using CFDs.

Cryptocurrency trading is speculation on the price movement of a cryptocurrency. Cryptocurrency CFDs are traded without ownership of the underlying coins, so you can go long if you think the value of the cryptocurrency will rise or short if you think it will fall.

When you buy cryptocurrencies CFDs, you can use leverage, which increases the potential profit. This means that traders can deposit a small amount of money (margin) and get more opportunities in the market due to leverage. The trader's profit or loss is still calculated based on the full position size; leverage increases both profits and losses.

Ethereum Classic (ETC) Trading Platform

What is a cryptocurrency trading platform? This is a complete online trading service that not only allows you to select an asset and buy or sell it. This is a huge set of features that you get right after registration. You no longer need several programs for full-fledged trading, all in one platform.

• A practice demo account is completely free upon registration
• Liquid assets for trading, including binary options, stocks, digital options, forex and cryptocurrencies.
• A dedicated platform with an improved user interface where you can trade directly from your browser.
• Wide range of deposit and withdrawal methods without fees
• Mobile solutions designed to trade multiple instruments on the go.
• Binary options tournaments where you can win extra money by competing against other IQ Option traders.
• Technical analysis, including over 90 indicators directly on the platform, news, economic calendar and various widgets.

How to start investing in Ethereum Classic (ETC)?

To Invest in Ethereum Classic in Hong Kong, it only takes a few steps. Get started today. In fact, it is easier than it seems and everyone can do it. All you need is desire and action. To do this, we have prepared a short guide.

How to register?

You can register right now using a simple form on this page. 

Click on the green “Try for free” button and enter the following data:

• Fill in your e-mail
• Choose security password
• Read the terms of the agreement
• Click on the “Try now“ button to complete the registration

After completing the registration, confirm it in the letter that will be sent to you by mail. You will then be redirected to the IQ Option trading room where you can start learning and get familiar with the platform.

How to open a demo account?

You just register and 2 accounts will be automatically opened for you. One of them is a demo account and the second is a real account with a zero balance.

The opportunity to try out the trading platform offered by the broker without risking their own funds is a very necessary factor for beginner traders. Favorable are the conditions for creating a demo account on IQ Option for free and without a deposit. The demo account completely repeats the interface of the real account, so you can learn all the functions of the platform before you start trading for real money.

Demo account with no expiration date and $10,000 infinite in the account.

How to open a real account?

As we said, initially a real account has a zero balance and in order to start trading on it, you need to replenish it. It is worth noting a nice feature. You can switch from demo to real account and vice versa at any time. To do this, click on the account balance on the top panel in the trading room and change the account type. A distinctive feature is a small amount of the minimum investment for a transaction, it is only $1. Take advantage of this opportunity and start trading with small amounts.

How to fund a deposit? 

Making a deposit is easy. Go to your personal account and select the appropriate menu. Second way:

• Select the “Deposit” button in the upper right corner of the platform.
• Among the deposit methods, choose the most convenient for you.
• At the first replenishment of the account, select the currency of the account (it will not be possible to change it).
• Make a deposit amount from $10.
• Specify the required details depending on the method of replenishment.
• Wait for account replenishment. Usually money comes instantly.

Minimum deposit amount  

Great news - the minimum deposit on the platform is only $10. This amount makes trading affordable for most traders. In addition to availability, you get security. After all, $10 is a small amount, which means you do not risk losing your entire budget. Many platforms offer significantly higher deposits, so don't miss your chance to start trading with a comfortable amount! Register now!

How to withdraw money?

To withdraw funds, go to your personal account and create a withdrawal request. To do this, specify:

• Method (it must be the same as the deposit method).
• The amount you want to withdraw - at least $2.
• Specify the necessary details depending on the chosen method.
• Funds can be credited to the account from 1 minute to 3 business days depending on the method. Card is the fastest way.

Ethereum Classic (ETC) Investment Security

When it comes to trading cryptocurrencies, choosing the right platform is key. A good cryptocurrency trading platform should offer a wide range of crypto assets, low commissions, tight spreads, and strong customer data protection.

How safe is it to invest in Ethereum Classic (ETC)? 

For its part, IQ Option does everything in accordance with the terms of the contract to protect the client's funds and transactions. On its website, the company has the right to provide CFD financial services with internal protection. The risk of loss when trading protected CFD contracts does not exceed the amount invested by the client in a particular CFD contract, plus any trading and/or ongoing commissions charged for opening a CFD position.

Is it safe to invest in Ethereum Classic online?

Yes, it's safe. During the processing of personal data, the broker undertakes to take the necessary legal, organizational and technical measures to protect personal data from unauthorized or accidental access, destruction, modification, blocking, copying, provision, distribution and other illegal actions.

How to safely invest in Ethereum Classic online? 

Any trade is a risk. After all, no one knows for 100% where the market will move. Choose a reliable trading platform, avoid investing all your capital in one asset. Try to follow the rules of risk management and you will succeed. With IQ Option you don't have to worry about the safety of your transactions, focus on your trading strategy and education. Good luck!

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