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How to buy Ethereum Classic (ETC) in Benin

Updated on:  2024/11/14 08:19:57(UTC+0)
Bitget is legally accessible in Benin. You can buy Ethereum Classic in Benin through Bitget.
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In this tutorial, we will discuss:
1
Where and how to buy Ethereum Classic in Benin
2
Alternative methods to obtain Ethereum Classic in Benin
3
Methods to obtain Ethereum Classic for free
4
What are the applications of Ethereum Classic in Benin
5
Market stats to assist in determining optimal times for purchasing Ethereum Classic
6
How to safely store your Ethereum Classic
7
How to withdraw Ethereum Classic

Where and how to buy Ethereum Classic in Benin

Investing in Ethereum Classic has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Ethereum Classic. Here's a step-by-step guide on how to buy Ethereum Classic on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Ethereum Classic order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget App image 1Credit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget Website image 1Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget App image 2Add a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget Website image 2Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Ethereum Classic order.
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How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Ethereum Classic is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Ethereum Classic order.
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How to buy crypto via third-party gateway
Buy Ethereum Classic via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Ethereum Classic order.
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How to buy crypto on Bitget P2P
Buy Ethereum Classic with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Ethereum Classic order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Ethereum Classic in your Bitget spot account

If you've chosen to purchase Ethereum Classic on Bitget, your Ethereum Classic will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain Ethereum Classic in Benin

In addition to purchasing Ethereum Classic directly, there are numerous other ways to obtain Ethereum Classic.

Convert crypto to Ethereum Classic with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Ethereum Classic. Just choose your available crypto assets, specify the amount for the Ethereum Classic swap, confirm, and check Ethereum Classic instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Ethereum Classic with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Ethereum Classic anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Ethereum Classic.

Methods to obtain Ethereum Classic for free

Using real money to buy Ethereum Classic is not the only way to obtainEthereum Classic. If you have the time to allocate, you can get Ethereum Classic for free.
Learn how to earn Ethereum Classic for free through the Learn2Earn promotion
Earn free Ethereum Classic by inviting friends to join Bitget's Assist2Earn promotion
Receive free Ethereum Classic airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to Ethereum Classic through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Ethereum Classic Price Page and bookmark them to stay updated!
Ethereum Classic
Ethereum Classic Price Now:
ETC / USDT
$22.63
+0.91
+4.00%24H
The live Ethereum Classic price today is $22.63 USD with a 24-hour trading volume of $5192148.32 USD. We update our ETC to USD price in realtime. ETC is 4.00% in the last 24 hours.
Are you planning to buy ETC?
See if other users are buying ETC:
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Buy Ethereum Classic in a different country

A selection of popular Ethereum Classic buying regions.
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A welcome pack of 6200 USDT for new Bitgetters!
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How to buy Ethereum Classic in other countries?

You can easily buy Ethereum Classic (Ethereum Classic) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Ethereum Classic in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at [email protected]. Last checked on 2024-11-14.

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A welcome pack of 6200 USDT for new Bitgetters!

What can you do with Ethereum Classic?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.
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Store/Hold Ethereum Classic

Many users hold on to their Ethereum Classic with the expectation of it increasing in value. You can store your ETC safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

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Trade Ethereum Classic

You can trade Ethereum Classic for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Ethereum Classic trading to meet your needs.

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Send Ethereum Classic

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Ethereum Classic online and send to anyone and anywhere with their Ethereum Classic address.

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Spend Ethereum Classic

You can also buy goods and services with your Ethereum Classic. More and more vendors and retailers accept Ethereum Classic every day.

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Donate Ethereum Classic

Bitget Charity accepts Ethereum Classic donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Ethereum Classic so no one misses out on the growth made possible by blockchain.

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Learn More About Ethereum Classic

You can read more in-depth articles on Ethereum Classic from Bitget Research and study how cryptocurrencies like Ethereum Classic work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Ethereum Classic

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Ethereum Classic facts from our Bitget Academy articles. Learn why people buy Ethereum Classic today!

What is Ethereum Classic (ETC)?

A major exploitation happened on the Ethereum blockchain in 2016, resulting in a loss of 3.6 million ETH, which amounted to roughly USD 60 million that year and might cost billions of USD today. The hack caused massive repercussions in the whole crypto industry: investors were panicked and sold off, while crypto-critics were putting blockchain on full blast and Ethereum developers were scurrying to find a way to solve the problem since they had only 28 days before the hackers could completely cash out the 5% total supply of ETH in circulation that were stolen.

Then came a solution: reverting the Ethereum blockchain to before the hack happened, so that those who were affected by the exploit got to keep their money and everything went on as if the unfortunate event had never happened. The solution was approved by the majority of voter-miners and was endorsed by Vitalik Buterin, the creator of the chain. Therefore, Ethereum was reversed and the hack did not exist on the new hard fork, which has then become the main Ethereum, while the original chain that still contains the theft has then been called Ethereum Classic.

Ethereum Classic, despite being less popular than its brother, is supported by many who have the mentality “Code is King” and think that the immutability of blockchain needs to be maintained at all costs. Ethereum Classic supporters consider the reverse of the exploit goes against what blockchain stands for and compromises the quintessential security of the technology. Security is also the very reason why they choose to stick with PoW after Ethereum moves to PoS. On the Ethereum Classic website, the developers claim that PoW is more secure because they have a 50% fault tolerance while it takes only a 33% fault tolerance to influence a PoS network. That being said, Ethereum Classic suffered multiple 51% attacks in 2019 and 2020.

How Ethereum Classic (ETC) Works

Ethereum Classic and Ethereum are technically identical until block number 1,920,000, which is the block where the theft was recorded. As Ethereum transitions from PoW to PoS, Ethereum Classics, originally, was planned to support PoS like Ethereum too. But after a few updates and debates, the developers of Ethereum Classic decided to stay with PoW, compromising speed and scalability for security. The team admits that Ethereum Classic is “conservatively run”, committed to the purist’s ideas of blockchain. Though the majority of Ethereum Classic is similar to Ethereum pre-Merge, the significant differences are:

- Prioritization of integrity and security over speed and scalability

- Full replication of data rather than fragmentation of data in Ethereum

- The token of Ethereum Classic, ETC, having a hard cap, unlike Ethereum’s ETH, to ensure property rights of holders

The PoW consensus mechanism that Ethereum Classic adopts is criticized by many to consume too much energy and be too slow to process daily transactions. Yet, the supporters rebuke with the claim that PoW enables the network to be much safer, and therefore, it is ideal to be used as a layer 1 to process bulks of transactions and Ethereum can be used as a layer 2 to group together transactions to send to Ethereum Classic.

How Many ETC Tokens Are There in Circulation?

Different from ETH which does not have a predetermined total supply, ETC has a total supply of 210,700,000. The hard cap of ETC was voted on 5 months after its launch. At the moment, the circulating supply of ETC is 137,012,968.83.

ETC block rewards for miners decrease over time. Since April 2022, the reward for mining one Ethereum Classic block is 2.56 ETC.

How to Buy Ethereum Classic (ETC)

Consider investing in Ethereum Classic (ETC)? It only takes 2 minutes to create an account on Bitget and start trading ETC.

Check out the available ETC trading pairs on Bitget!

Futures market

ETCUSDT

Spot market

ETCUSDT

ETCBTC

Ethereum Classic Resources

Whitepaper

Official Website

Buy Ethereum Classic in Benin with Bitget  

How to safely store your Ethereum Classic

After purchasing your Ethereum Classic, you have several options for managing it. You can store it in your personal crypto wallet or keep it in your Bitget account. Some investors choose to hold onto their Ethereum Classic for long-term growth. For enhanced security and risk management of your ETC assets, consider using Bitget Wallet, known for its top-tier protection supported by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors.
Here's how you can manage your ETC on Bitget:
1. Storing your Ethereum Classic:
  • Sign up and transfer ETC to your Bitget account.
  • Alternatively, use Bitget Wallet as a self-custody solution for your ETC.
2. Trading and earning:
Trade Ethereum Classic for other cryptocurrencies or stake ETC on Bitget Earn to earn passive income.
Sign up now to benefit from secure Ethereum Classic management with Bitget.

How to withdraw Ethereum Classic with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Ethereum Classic or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Ethereum Classic you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.
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Benin, officially the Republic of Benin (French: République du Bénin), and formerly Dahomey, is a country in West Africa. Benin has a population of 12,844,921, and its official currency is the West African Franc (CFA). It will only take you a few minutes to cryptocurrencies with CFA in Bitget using P2P trading and other deposit methods.

The weather in Benin is hot and muggy. The average annual rainfall in the coastal region is 1,360 mm, which is not a lot for coastal West Africa. The two seasons in Benin are wet and dry. The main rainy season lasts from April to late July. From late September to late November, there is a shorter, less intense rainy season. In the south, there are primarily two types of landscape. Mangroves, fallow lands, and the remains of huge holy forests can all be found in Benin. The savanna in the rest of the nation is peppered with enormous baobab trees and coated in prickly plants. Benin has some famous landmarks such as Fondation Zinsou, Marche Dantokpa, Artisanal Center, Fidjrosse beach, Saint Michel church, and Place des Martyrs.

Wherever you are in Djougou, Porto-Novo, Parakou, Ouidah, Cotonou, Natitingou, Bohicon, or any place in Benin, Bitget will be available to provide you with a seamless crypto trading experience. The official language of the Benin Republic is French, and the Bitget website and app are available in French.

FAQ
How do I purchase Ethereum Classic?
Nowadays, you can purchase and store Ethereum Classic hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Ethereum Classic. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Ethereum Classic?
In theory, Ethereum Classic can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Ethereum Classic?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Ethereum Classic?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Ethereum Classic?
The best place to buy Ethereum Classic is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Ethereum Classic right now?
You should make a decision on purchasing or investing in Ethereum Classic or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Ethereum Classic online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Ethereum Classic instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Ethereum Classic purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.