The TLDR; We recommend using Swyftx to buy Ethereum Classic, they’re very reliable, have over 300 cryptocurrencies, fantastic support, and a great app. They also offer $20 of free BTC when you start trading.
1. Choose a crypto exchange
First things first, you need an exchange that both has Ethereum Classic, and is trustworthy!
You can find our top 3 exchanges for buying Ethereum Classic here.
If you’d like to know more about the exchanges we prefer, read our comparison of the top exchanges to buy and sell cryptocurrency in Australia.
2. Sign up with the crypto exchange
Once you’ve chosen your crypto exchange, it’s just a matter of signing up and getting your account verified. Most exchanges have streamlined this process very well so it shouldn’t take long.
3. Fund your account
The next step is to transfer AUD or another cryptocurrency into your account. Most top crypto exchanges offer various payment methods. From bank transfer to PayID, POLi pay and credit cards, it’s very straightforward.
4. Buy Ethereum Classic
And of course, the final step is to find Ethereum Classic on the exchange and buy it. A lot of exchanges offer different ways of buying cryptocurrencies, like market orders and limit orders.
Table of Contents
Where to Buy Ethereum Classic (ETC)
| Exchange | Rating | Available Cryptocurrencies | Fees | Visit Site |
|---|---|---|---|---|
 | 5/5 | 350+ | 0.6% | VISIT SITE |
 | 4.5/5 | 300+ | 0.1% | VISIT SITE |
 | 4/5 | 200+ | Varies | VISIT SITE |
How to Sell Ethereum Classic
- Sign into the exchange
- Find where you stored your Ethereum Classic, either on a hardware wallet or on the exchange.
- Transfer your Ethereum Classic to the right place on the exchange, it could just be the same wallet or a dedicated trading account.
- Sell Ethereum Classic.
Considerations when looking to buy Ethereum Classic.
Ethereum Classic (ETC), a hard fork (ETH) of Ethereum (ETH), was launched in July 2016. Its primary function is to be a smart contract network that can host and support decentralized apps (DApps). Its native token is ETC.
Ethereum Classic launched in an effort to distinguish itself from Ethereum. However, the technical roadmaps of both networks have diverged over time.
After a major hacker attack that resulted in the theft of 3.6 Million Ethereum, Ethereum Classic was first created to protect the integrity of Ethereum’s existing blockchain.
Ethereum Classic’s primary goal is to keep the Ethereum blockchain the way it was originally, without artificially countering DAO hack.
Although initially it appealed to people who disagreed with Ethereum’s response in the beginning, the legacy network has gained a larger fan base that includes major investors like Barry Silbert, CEO at Grayscale Investments.
The developers of ETC are a volunteer organization and do not intend to make the network a profit. Transaction fees are paid by users as with Ethereum. Miners receive them based upon work performed according to the Proof-of-work (PoW), mining algorithm.
Ethereum Classic is not a proof of-stake (PoS), mining algorithm. However, multiple developers are still working on future improvements, such as scaling solutions.