How to buy Creditcoin (CTC) in Australia

A beginner's guide to buying and selling CTC in Australia.

Creditcoin
CTC- USD
$2.54
+ $0.05 ( + 2.11%)

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How to buy Creditcoin

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Creditcoin.

  1. Open an account on an exchange that supports CTC.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Creditcoin.
  3. Buy Creditcoin.
    Complete your Creditcoin purchase and then find the best wallet to store CTC.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Creditcoin?

Creditcoin is a decentralized credit network built with the aim of transforming digital wallets into an investment market. Jointly created by the teams behind Gluwa and Aella, Creditcoin is an investment protocol aiming to develop an inter-blockchain lending market. The end goal is a secure and transparent lending market where borrowers and lenders can connect directly with one another to organize cryptocurrency loans. The team behind the project claims that this will allow people without a credit history – the so-called “unbanked” who don’t have access to financial services – to have their transactions recorded objectively on a secure blockchain. Creditcoin users can use the native currency of the ecosystem, CTC, to pay network transaction fees. Check out the Creditcoin one-pager for a quick overview of how it works.

Creditcoin (CTC) is in the top 1,000 cryptocurrencies in the world by market cap. The current price of Creditcoin is $2.52, which is 0.866% higher than yesterday. Prices have ranged between $2.62 and $2.47 over the past 24 hours. All prices are listed in US dollars and accurate as of October 18, 2021 03:10 UTC.

Where to buy Creditcoin

Find an exchange to buy, sell and trade CTC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
OKEx Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP & 20+ more

271
cryptocurrencies

Promo: Earn US$10 in BTC when you refer a friend and they purchase $100 of cryptocurrency. T&Cs apply.
Listing over 100 cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from.
Bittrex Global
Bank transfer, Credit card, Cryptocurrency, Debit card
USD

280
cryptocurrencies

Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
Cryptocurrency, Epay
USD

657
cryptocurrencies

A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
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Compare up to 4 providers

Creditcoin at a glance

Information last updated October 18, 2021 03:10 UTC.
Coin symbolCTC
Coin MarketcapN/A
Total CTC supply600,000,000
Current priceUS$2.52
All time highUS$8.67
Notable team membersTae-Lim Oh
IndustryDecentralised credit network
Token usesTransaction fees
NetworkCreditcoin

Creditcoin price performance over time

Historical prices compared with the price of US$2.52.

1 hour -0.76%
24 hours 0.87%
7 days -1.54%
14 days -13.03%
30 days -40.57%
60 days -16.08%
200 days -60.16%
1 year 341.49%

How to sell Creditcoin

You can cash out your CTC with the same exchange you bought it through:

  1. Sign in to the exchange you have CTC on.
    If you store your Creditcoin in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of CTC you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Creditcoin.

What to consider when buying Creditcoin

If you’re thinking of buying CTC, be aware that cryptocurrency trading is highly risky. Cryptocurrencies are volatile and complicated assets. It’s important to understand the risks involved and research each coin or token thoroughly before buying. Here are some of the factors you might want to consider before buying CTC:
  • Whitepaper. For a detailed explanation of how the Creditcoin ecosystem works, check out the project’s whitepaper.
  • Competitors. Creditcoin is far from the only crypto project working in the blockchain-based lending space. It’s worth researching what other platforms are out there to find out how Creditcoin stacks up against the competition.
  • Supply. According to data from CoinMarketCap, the maximum supply of CTC is 2 billion. At the time of writing in May 2021, approximately 28% of those coins were in circulation.
  • Availability. CTC was only available on three exchanges at the time of writing. It’s worth considering what sort of impact this level of availability could have on the potential growth and adoption of Creditcoin in the future.

Disclaimer: Cryptocurrencies, including Creditcoin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of CTC is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Creditcoin or any other cryptocurrency discussed.

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