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How to buy Ethereum Classic (ETC) in Hong Kong

Learn how to buy Ethereum Classic (ETC) on 15+ crypto exchanges in our step-by-step guide.

Ethereum Classic (ETC) is the 25th largest cryptocurrency by market cap, valued at US$2,906,918,663.

Ethereum Classic is a highly volatile asset capable of major price swings in a single day. Today ETC is trading for $20.64 USD, which is lower than yesterday's trading price of $21.61 USD. Over the past year, Ethereum Classic's price has seen a decrease of -55%.

So before you buy Ethereum Classic, make sure you understand these unique risks as well as its legal and tax status here in Hong Kong.

If you're ready to get started, read on for step-by-step instructions and a list of trading platforms like Binance you can use to buy Ethereum Classic.

How to buy Ethereum Classic in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Ethereum Classic is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit $ using the payment method that best suits you – cryptocurrency, bank wire, bank transfer and credit card payments are widely accepted.
  4. Buy Ethereum Classic
    You can now exchange your funds for Ethereum Classic. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Ethereum Classic to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Ethereum Classic in Hong Kong

Find an exchange to buy, sell and trade ETC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

1 - 5 of 17
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Binance Cryptocurrency Exchange
Finder Award
EXCLUSIVE
Binance Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, P2P
USD, AUD, GBP, EUR, RUB, TRY, NGN, UAH, PHP, CZK & 60+ more

369
cryptocurrencies

Get 10% discount on your fees when signing up through Finder. T&Cs apply.
Go to site
View details
OKX Cryptocurrency Exchange
OFFER
OKX Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP

368
cryptocurrencies

Refer a friend to win a mystery box worth up to US$10,000. T&Cs apply.
Go to site
View details
Kraken Cryptocurrency Exchange
Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay
USD, EUR, CAD, AUD, GBP, CHF, JPY, AED

221
cryptocurrencies

Go to site
View details
KuCoin Cryptocurrency Exchange
OFFER
KuCoin Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, P2P
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND

742
cryptocurrencies

Sign up through Finder and get a free 14-day VIP upgrade to reduce your trading fees. T&Cs apply.
Go to site
View details
Gate.io Cryptocurrency Exchange
EXCLUSIVE
Gate.io Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

1583
cryptocurrencies

New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
Go to site
View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this Ethereum Classic guide up-to-date

  • ETC price data is regularly updated through data feeds so you always have the latest information.
  • Ethereum Classic performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.
  • Key information on coins and how to buy them is regularly reviewed by our editorial team of James Edwards, Frank Corva and Billy Endres.
  • Our coin coverage and exchange information is regularly reviewed by our publishing experts Louise Vinciguerra and Molly Wiltshire-Bridle.

How do I find the best places to buy Ethereum Classic?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Hong Kong to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Ethereum Classic?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Ethereum Classic.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing ETC with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Ethereum Classic?

Once you've created an account, you will need to deposit funds to buy ETC with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy ETC:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase ETC by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for ETC on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Ethereum Classic?

The easiest way to buy ETC is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying ETC, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our Analysis tools to get an idea of how the price of Ethereum Classic has been performing recently.

Best Ethereum Classic wallets to store your ETC

You can keep your ETC on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your ETC below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,456+

Price (USD)

$149

Price (USD)

$219

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Ethereum Classic a good investment?

Before deciding whether or not to invest in ETC, it is vital you understand a few of the factors that may influence the price of the coin:

  • Proof-of-work. After the 2016 fork, Ethereum switched to a proof-of-stake mechanism, which involves users locking up tokens on the network to validate transactions. However, Ethereum Classic maintains a proof-of-work consensus mechanism, which works much like mining bitcoin. This means you cannot stake your ETC for additional rewards and that the cryptocurrency places a higher strain on the environment than alternatives.
  • Competition with Ethereum. Ethereum Classic exists in a very tight market space, much of which is already taken up by its sibling, Ethereum (ETH). If you do decide to purchase ETC, it is imperative you understand how it differs from Ethereum. Otherwise, it would likely make more sense to invest in Ethereum due to its much higher use-case, adoption and market cap.
  • Hacks. After Ethereum Classic split from Ethereum in the first place due to a hack, it has been on the receiving end of a number of other exploits. In the month of August 2020 alone, the network encountered three separate 51% attacks which resulted in hackers making away with millions worth of ETC. A number of exchanges reacted by removing Ethereum Classic from their platforms.

Additional information about Ethereum Classic can be found using our ETC analysis tools.

Today's Ethereum Classic price versus ATH

Compare today's price of Ethereum Classic ($20.64 USD) against its all-time-high price of $167.09 USD on 06 May 2021. The closer the bar is to 100%, the closer ETC is to reaching its ATH again.

Ethereum Classic's price: $20.64
ATH date: May 06, 2021
12.35%

Ethereum Classic ATH: $167.09


How to trade, convert or sell Ethereum Classic

You can convert or sell your ETC with the same exchange you bought it through:
  1. Sign in to the exchange you have ETC on.
  2. If you store your Ethereum Classic in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of ETC you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Ethereum Classic.
  6. Complete your transaction and move your ETC to a wallet for storage.
  1. Decrypt
  2. Data by CoinGecko

Disclaimer: Cryptocurrencies, including Ethereum Classic, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ETC 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 Ethereum Classic or any other cryptocurrency discussed.

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